On monday, an analyst studied the cigarette industry as a whole, to see what brands and factories are up, and which are down. His conclusions were that Marlboro along with Phillip Morris is in a decline right now. The only way that they will keep their market price high is to drop the price of the tobacco due to the fall in employment in the U.S. Marlboro seems to be the only company experiencing this need to drop prices, as Reynolds America, along with many other lower-priced tobacco producers, seem to be catching the eye of many more people trying to save a couple bucks.
A ban was put in effect on Tuesday completely stopping the selling of fruit, candy, and clove flavored cigarettes in the U.S. The FDA says that the flavored cigarettes are more appealing to young adults, making it more likely for them to become regular cigarette smokers. It is said that 90% of adults started smoking before the age of 18, which is why the government is enforcing this ban. This ban will not turn out well for the stock market industry, due to a drop in cigarette purchases with the absence of more appealing cigarette flavors. We can only hope that the kids that were normally buying the flavored cigarettes will make the switch to menthol and regular cigarettes.
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