"It's far more effective to focus on those who are underage, just like they do for alcohol and marijuana," Jon Shaer of the convenience stores association said Tuesday
As such, we expect the firms returns on invested capital to remain above its cost of capital over the next 20 years
Tobacco, said Ben Bornstein, an analyst at Omega Advisors, is not a pleasant business to be in. 2008: Altrias smokeless deal | The Altria Group, which had formerly been known as Philip Morris, bought UST, the maker of Skoal and Copenhagen smokeless tobacco, for $11.6 billion
Youth Lung Vulnerability: Researchers note that starting smoking at a young age likely increases the risk of respiratory symptoms because the lungs are still developing, making them more susceptible to tobacco smoke damage
For instance, the state tobacco retailer licensing law focuses on protecting state revenue by targeting tax evasion, according to ChangeLab