Mighty Corp purchased tobacco leaf for farmers

For the past few months, Mighty Corp, a wholly Filipino owned tobacco manufacturer pledges help to the farmers in the Ilocos Region and Cagayan Valley. The company assured of  brisk sale of tobacco leaves.

According to Oscar P. Barrientos, executive vice president of Mighty Corp said that the company’s share of the domestic market has dramatically risen from  five percent last year to 20 percent this year.

“We have earned our fair share of the market by making quality but affordable cigarettes that were smartly packaged, creatively and ingenuously sold to the mass market. That is the secret of our success in breaking the cigarette monopoly in this country and were mighty proud of our modest success coming from a home-grown and Filipino-owned cigarette company”, said Barrientos.

“With a bigger share of MightyCorporation in the market today, we are giving the tobacco farmers a fair shake of our success by offering competitive prices to their crops,” he added.

Barrientos stressed out that Mighty Corp consistently championed the cause of the Filipino tobacco farmers by buying a larger share of the low-grade tobacco leaves at a good prices. He also explained that the tobacco company bought even the low-priced tobacco leaves.

The domestic market for cigarettes became a virtual monopoly with over 90 percent of the market share when international tobacco giant Philip Morris acquired majority ownership of its lone competitor, Fortune Tobacco in 2010.