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Might there be a connection between cigarettes still-lawful status, despite their indisputably lethal nature, and the $7.3 billion in tobacco-related tax revenue the federal and provincial governments reaped last year
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At face value, while this strategy was intended to diversify group earnings and lock-in a stable source of profits, it effectively achieved the reverse for four main reasons: US cigarette trends have materially worsened since 2016, arguably as a result of significant gains by competing next generation products such as JUUL
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