Standard Diversified Inc., formerly Standard Diversified Opportunities Inc., is a holding company. The Company is engaged in bio-services and industrial bio-detection. Through its subsidiaries, it provides other tobacco products, outdoor advertising and insurance products. It sells a range of products across the Other Tobacco Products (OTP) spectrum. The Company operates through three segments: Smokeless Products, Smoking Products, and NewGen Products. Its Smokeless Products segment includes chewing tobacco and moist snuff tobacco (MST). Its Smoking Products segment includes cigarette papers, make-your-own (MYO) cigar wraps, and cigars. Its NewGen Products segment includes liquid vapor products, tobacco vaporizer products and non-nicotine/non-tobacco products. It provides the products under various brands, including Zig-Zag, Beech-Nut, Stokerâ€™s, Trophy and VaporBeast. Its subsidiaries include Turning Point Brands, Inc., Standard Outdoor LLC and Pillar General Inc.