Are concerns about vaping driving people back to cigarettes? Investors are told “no”

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In recent months vaping companies have been warning that regulations aimed at reducing vaping will “drive people to cigarettes.” The recent “facts not fear” campaign run by Imperial Tobacco Canada, for example, predicts that regulations to protect young people from pro-vaping advertising will be “forcing consumers to go back to cigarettes.” Even some public health authorities – like...

How much has vaping reduced cigarette sales? Not much, says Altria to its investors

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Yesterday Altria made a regularly-scheduled presentation to investors, giving them an update on their business results for the first 9 months of their fiscal year. Altria sells that country’s most prominent cigarette brand (Marlboro), but there was very little interest in its report of the cigarette marketing. Instead, investors’ focus was on Altria reports on the...

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