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Mimicking Big Tobaccos past marketing practices, Defendants prey on youth to recruit replacement smokers for financial gain. The lawsuit is part of a wider effort to crack down on e-cigarette use among teenagers

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At the same time, country-level analyses of the results from the Global Youth Tobacco Survey show that the exposure of youth to second-hand smoke in public places increases their likelihood of becoming cigarette smokers in the future [28]

Some retailers even operate under a Challenge 25 policy, meaning anyone who looks under 25 will be asked for proof of age

Spreads tightened and there was episodic outperformance of the tobacco sector versus the broader muni index

Some players think the threat is overstated