Cigarette Maker Cuts Value of Camel and Other U.S. Brands by $31 Billion shared by Jacob Grier

@Jake · Dec 6, 2023

I take this as more evidence against the claim that vaping is a gateway drug to cigarettes.

Cigarette Maker Cuts Value of Camel and Other U.S. Brands by $31 Billion

British American Tobacco told investors that it had reassessed the “useful economic lives” of some of its brands amid waning sales and a shift toward vaping.

nytimes.com

Cigarette Maker Cuts Value of Camel and Other U.S. Brands by $31 Billion - shared by Jacob Grier - Seabird