Zig-Zag Rolling Papers Segment Drives 47% Of Turning Point Brands' Q3 Sales, CEO Predicts Sustainable Growth
Turning Point Brands announced on Thursday financial results for the third quarter ended Sept. 30, 2024. The company behind Zig-Zag, a brand of rolling papers in the cannabis industry, said total consolidated net sales increased 3.8% YoY. Zig-Zag products' net sales, which accounted for 47% of total net sales in the quarter, increased 5.5% over the same period.