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NYC Smokers Pay To Light Up Smokers in New York City will be paying an average of almost $11 a pack for cigarettes starting July 1

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Raising the age for sale has been well-documented to work, Farber added

The sharp decline beginning in 2006 was not accompanied by a proportional decline in smoking in the Canadian Tobacco Use Monitoring Surveys (CTUMS), strongly suggesting a surge in illicit market sales

This isn't the first surprising cannabis deal we've seen, and it's unlikely the last Sure, this deal is surprising in the sense that it wasn't a more established player like Aurora Cannabis or Aphria that landed it, but this isn't the first time that a brand-name company has shocked Wall Street with an investment in the cannabis industry