new washington tobacco tax state will implement a 95% excise on all and nicotine products in 2026, creating significant financial challenges for local vape shops and expected price hikes for consumers Washington lawmakers push cigarette tax

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Industry-backed studies have also reported a long list of compounds in the aerosols from heated tobacco one study by BAT found more than 120 while another detected 205 compounds in the aerosols, including 82 not seen in cigarette smoke

law requiring cigarette prices to increase to a minimum of $8 per pack led to a decline in sales, suggesting that these minimum floor price laws could complement tobacco taxation to reduce smoking rates

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Golden Tobacco is a public limited company with promoters holding at 30%