Packaging machine (12) and wrapping method for the production of a pack (1) of tobacco articles; a first wrapping unit (14), which creates an inner wrapping (3) around a group (4) of tobacco articles by folding a wrap (7; 9); a second wrapping unit (15), which creates an outer container (2) around the inner wrapping (3) by folding a blank (10; 45); and a feeding unit (16), which receives the inner wrapping (3) from the first wrapping unit (14) in an input station (S1) and releases the inner wrapping (3) to the second wrapping unit (15) in an output station (S2); the feeding unit (16) comprises: a first feeding wheel (17) supporting at least one first pocket (19), which advances along a first feeding path (P1); a second feeding wheel (20) supporting at least one second pocket (22), which advances along a second feeding path (P2); and a transfer device (23), which is arranged in a transfer station (S3) and transfers the inner wrapping (3) from the first pocket (19) to the second pocket (22); a feeding wheel (17; 20) is mounted movable so as to change, when the packaging machine (12) is brought to a standstill, its relative position with respect to the other feeding wheel (20; 17) in order to change the position of the transfer station (S3) along its own feeding path (P1; P2).