Altria Group Inc., known for its subsidiary Philip Morris, is a tobacco-focused holding company with a history dating back to the 19th century.

The company has diversified its tobacco product range, venturing into smokeless tobacco, cannabis, e-cigarettes, cigars, and nicotine pouches.

Altria has executed significant acquisitions, including UST LLC, Cronos Group Inc., and Juul Labs Inc., to adapt to shifting consumer preferences.

Altria has refocused on domestic markets following the spin-off of Philip Morris International Inc. and has innovated with products like IQOS.

Some of Altria's acquisitions, notably Juul Labs Inc., have encountered regulatory and legal hurdles.

The company is committed to diversity and inclusiveness, regularly reporting on the diversity of its workforce and leadership.