Devin LaSarre, an expert on British American Tobacco and the nicotine industry, joins Brett and Ryan to discuss the company's business model, valuation, and the impact of declining smoking rates. They also explore the potential of next-gen tobacco products and the risks associated with investing in British American Tobacco.

Devin LaSarre, a nicotine market expert, discusses regulatory challenges, potential of nicotine pouches, benefits of a basket approach for investing, and impact of ESG mandates in the nicotine industry on a Chit Chat Stocks episode. The conversation delves into emerging trends and investment strategies in the nicotine market.

Devin LaSarre, founder of Invariant Newsletter, discusses Haypp Group focusing on nicotine pouches. Topics include market demand for alternatives to smoking, investment thesis for Haypp, differentiation strategies, challenges in marketing, customer acquisition costs, and regulatory obstacles in online nicotine sales.