Transitory reason: Increased competition in the premium snus segment in Swedish market SWMA has lost share in premium segment driven by cannibalization of Premium 1 segment (cans priced at SEK 45+, 55% margins) by Premium 2 (36-40 SEK per can, 49% margins) and shares losses within Premium 2 vs BATs Lundgrens
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That means S$8.60 are duty fees
Global Nicotine Patch Market Growth Opportunities Enhanced Government Initiatives to Control Smoking Rates - There has been an uplifting consumption of tobacco across countries, like the US, India, China, Southeast Asian countries, etc., linked with the enhanced incidence of associated diseases like lung cancer, COPD, asthma, etc
2002 Pint of bitter (draught): 1.81 Pint of lager (draught): 2.09 20 Cigarettes: 4.14 Average cost per litre for petrol: 74p 1997 Pint of bitter (draught): 1.63 Pint of lager (draught): 1.81 20 Cigarettes: 2.94 Average cost per litre for petrol: 64p 1992 Pint of bitter (draught): 1.31 Pint of lager (draught): 1.46 20 Cigarettes: 2.07 Average cost per litre for petrol: 48p 1987 Pint of bitter (draught): 83p Pint of lager (draught): 93p 20 Cigarettes: 1.43 Average cost per litre for petrol: 30p To reach its petrol cost figure, the Retail Prices Index used a mixture of fuels to produce its average

During 20152019, cigarette-only use declined, while cannabis-only use increased across nearly all sociodemographic groups. Cigarette-only use was most prevalent among socioeconomically disadvantaged adults (with lower education, income, or lacking insurance), the study found, whereas cannabis-only use predominated among more socioeconomically advantaged groups (college-educated, high-income, and privately insured). While prior studies have concluded that marijuana smoke exposure is not equally or more dangerous to health than tobacco smoking, the authors of the new paper suggested that the surge in cannabis use as tobacco use wanes represents a worrisome trend among adults. Without timely policy response, cannabis may become the next public health crisis, they cautioned