Exhibit 21
Subsidiaries of Turning Point Brands, Inc.
The following list outlines the subsidiaries of Turning Point Brands, Inc., as of February 1, 2026.
| Jurisdiction of Organization | |
| Turning Point Brands, Inc. | Delaware |
| North Atlantic Trading Company, Inc. | Delaware |
| National Tobacco Finance, LLC | Delaware |
| National Tobacco Company, L.P. | Delaware |
| North Atlantic Operating Company, Inc. | Delaware |
| RBJ Sales, Inc. | Tennessee |
| North Atlantic Wrap Company LLC | Delaware |
| TPB Services LLC | Delaware |
| Turning Point Brands, LLC | Delaware |
| Nu-X Distribution LLC | Delaware |
| Intrepid Brands, LLC | Delaware |
| Modern Distribution, LLC | Delaware |
| Turning Point Brands (Canada) Inc. | Ontario, Canada |
| Turning Point Brands Specialty Finance, LLC | Delaware |
| Interchange Partners LLC | Delaware |
| Interchange IC | District of Columbia |
| Interchange Investments LLC | Delaware |