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When Massachusetts enacted a statewide ban on flavored tobacco products in 2020, cigarette purchases declined in the Bay State, but rose substantially in neighboring states

In a press release, STG stated that the integration of Royal Agio Cigars is expected to deliver substantial cost synergies within sales and marketing, production and back office functions. The full integration is expected to be completed by the end of 2022, at which point STG expects Royal Agio Cigars will contribute to an increase in STGs EBITDA margin before special items of more than 2 percent points, based on estimates of net synergies at the level of DKK 255 million

But antismoking advocates have blamed the Japanese governments continued ownership of Japan Tobacco whose brands include Camel, Winston and Mild Seven for the countrys delay in passing laws to protect nonsmokers from cigarette smoke, for example, and more stringently regulating of tobacco-related marketing

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Leone A, Landini L, Leone A