Mighty Corp planning to buy 10 million kilograms of tobacco products

Mighty Corp. a Filipino owned tobacco manufacturer which selling quality, low priced cigarettes is buying 10 million kilograms of tobacco products from farmers in Northern Luzon. The worth of the said products worth millions of pesos.

According to the  letter of intent by Mighty executive vice president Oscar Barrientos to National Tobacco Administration administrator Edgardo Zaragoza said they want to buy tobacco from farmers 100 percent more than the five million kilograms that Mighty Corp bought in 2013.

“This is to assure our tobacco farmers of our willingness to help in response to the published report of the market leader in the tobacco industry to lessen production this year,” Barrientos said.

This will end the speculations made by the critics and spreading lies about Mighty Corp has been importing raw materials from foreign countries at low prices and not buying tobacco from local farmers.

Meanwhile, Mighty Corp’s market shares increased as the government implemented the Sin Tax Law.That's why smokers nowadays are switching to low-priced cigarettes.