EXHIBIT 99.2

Vector Group Ltd.

Condensed Consolidating Financial Statements

March 31, 2024

(in thousands of dollars)

Presented herein are Condensed Consolidating Balance Sheet as of March 31, 2024 and the related Condensed Consolidating Statements of Operations for the three months ended March 31, 2024 of Vector Group Ltd. (Parent/Issuer), the guarantor subsidiaries (Subsidiary Guarantors) and the subsidiaries that are not guarantors (Subsidiary Non-Guarantors).

CONDENSED CONSOLIDATING BALANCE SHEETS

	March 31, 2024
					Subsidiary				Consolidated
	Parent/		Subsidiary		Non-		Consolidating		Vector Group
	Issuer		Guarantors		Guarantors		Adjustments		Ltd.
ASSETS:
Current assets:
Cash and cash equivalents	$	248,309	$	83,959	$	325	$	—	$	332,593
Investment securities at fair value	129,022		—		—		—		129,022
Accounts receivable - trade, net	—		24,100		—		—		24,100
Intercompany receivables	2,761		—		—		(2,761)		—
Inventories	—		106,566		—		—		106,566
Income taxes receivable, net	12,040		—		18,281		(30,321)		—
Other current assets	1,099		12,021		377		—		13,497
Total current assets	393,231		226,646		18,983		(33,082)		605,778
Property, plant and equipment, net	601		34,646		8,115		—		43,362
Long-term investment securities	49,956		—		—		—		49,956
Investments in real estate ventures	—		—		113,563		—		113,563
Operating lease right-of-use assets	6,782		4,946		—		—		11,728
Investments in consolidated subsidiaries	277,488		—		—		(277,488)		—
Intangible assets	—		107,511		—		—		107,511
Other assets	13,885		63,692		7,802		—		85,379
Total assets	$	741,943	$	437,441	$	148,463	$	(310,570)	$	1,017,277
LIABILITIES AND STOCKHOLDERS' DEFICIENCY:
Current liabilities:
Intercompany payables	$	—	$	430	$	2,331	$	(2,761)	$	—
Income taxes payable, net	—		46,148		—		(30,321)		15,827
Current payments due under the Master Settlement Agreement	—		74,503		—		—		74,503
Current operating lease liability	1,740		2,356		—		—		4,096
Other current liabilities	36,926		97,084		563		—		134,573
Total current liabilities	38,666		220,521		2,894		(33,082)		228,999
Notes payable, long-term debt and other obligations, less current portion	1,373,024		—		—		—		1,373,024
Non-current employee benefits	62,041		5,896		—		—		67,937
Deferred income taxes, net	(1,543)		28,348		28,837		—		55,642
Non-current operating lease liability	5,465		2,891		—		—		8,356
Other liabilities, including litigation accruals and payments due under the Master Settlement Agreement	3,354		18,643		386		—		22,383
Total liabilities	1,481,007		276,299		32,117		(33,082)		1,756,341
Commitments and contingencies
Total stockholders' (deficiency) equity	(739,064)		161,142		116,346		(277,488)		(739,064)
Total liabilities and stockholders' deficiency	$	741,943	$	437,441	$	148,463	$	(310,570)	$	1,017,277

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

			Three Months Ended March 31, 2024
					Subsidiary				Consolidated
	Parent/		Subsidiary		Non-		Consolidating		Vector Group
	Issuer		Guarantors		Guarantors		Adjustments		Ltd.
Revenues	$	—	$	324,567	$	258	$	(258)	$	324,567
Expenses:
Cost of sales	—		217,901		—		—		217,901
Operating, selling, administrative and general expenses	8,760		19,815		377		(258)		28,694
Litigation settlement and judgment expense	—		191		—		—		191
Management fee expense	—		3,663		—		(3,663)		—
Operating (loss) income	(8,760)		82,997		(119)		3,663		77,781
Other income (expenses):
Interest expense	(26,215)		(1,234)		—		—		(27,449)
Equity in losses from real estate ventures	—		—		(10,721)		—		(10,721)
Equity in earnings from investments	2,138		—		—		—		2,138
Equity in earnings in consolidated subsidiaries	51,977		—		—		(51,977)		—
Management fee income	3,663		—		—		(3,663)		—
Other, net	5,007		1,414		(36)		—		6,385
Income (loss) before provision for income taxes	27,810		83,177		(10,876)		(51,977)		48,134
Income tax benefit (expense)	6,990		(23,041)		2,717		—		(13,334)
Net income	$	34,800	$	60,136	$	(8,159)	$	(51,977)	$	34,800
Comprehensive income (loss)	$	34,789	$	60,169	$	(8,159)	$	(52,010)	$	34,789