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What is cross-price elasticity in the tobacco industry

In fact, e-cigarette use grew 78% among high schoolers and 48% among middle schoolers in just one year from 2017 to 2018, and JUUL now accounts for three-quarters of the U.S

The market is so competitive these days that prices on high-quality vaporizers and mods are going down virtually every day, and although the initial cost may still be higher than that of a pack of cigarettes, savings in the long run are substantial

See the IIFS blog for more information on the States cigarette and tobacco tax changes

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This is being rolled out to key locations, with all major international airports expected to be covered by the end of the year, added JTI