US tobacco company Altria has revised its expectations for the US cigarette industry downwards, with a predicted decline up to 6% through 2023. The company says this is primarily due to increased switching rates among adult smokers to “lower risk” products such as e-cigarettes.
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“ Altria revises US cigarette industry volume down; vapour drives revenues ”
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“ Altria revises US cigarette industry volume down; vapour drives revenues ”
US tobacco company Altria has revised its expectations for the US cigarette industry downwards, with a predicted decline up to 6% through 2023. The company says this is primarily due to increased switching rates among adult smokers to “lower risk” products such as e-cigarettes.
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