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By raising the state's cigarette tax from 10 cents to 35 cents per pack, or 250 percent, Proposition 99 created an opportunity for smugglers to drive a tractor-trailer load of cigarettes into California and make $50,000 in criminal profit, reducing California's excise tax revenue

Manufacturers are investing in product innovation and upscale packaging to cater to this trend

Limitations also include the age of our sample

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The European e-cigarette market is experiencing robust growth due to increasing consumer interest

*As per the global collaboration agreement between PMI & KT&G, first announced in January 2020PMI will distribute, outside of Korea, a variety of heated tobacco systems from the KT&G portfolio