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created and funded on an ongoing basis from tobacco sales (not just one lump sum) the American Legacy Foundation, later called the Truth Initiative , with the slogan: Inspiring lives free from smoking, vaping and nicotine. The Truth Initiative is clear about what it does: We provide the facts about smoking, vaping, nicotine and the tobacco industry
Moreover, the proposals would likely reduce revenue as consumers purchase lower-taxed products in neighboring states
Stamping out alternatives A lot of these actions are hinging on the so-called "epidemic" the FDA has highlighted over teen e-cig use, as well as the lung illness outbreak last year that resulted in dozens of deaths and thousands of injuries
David Adelman of Morgan Stanley said: 'If plain packaging were adopted in the UK, some other nations would most likely mandate [it] as well.' Adam Spielman, a tobacco analyst at Citigroup, told the publication: 'Plain packaging would level the playing field, making premium brands less attractive to smokers, and would lead to a rapid worsening of the downtrading [falling sales] trend which has been going on for years in the UK, far and away the most expensive country in Europe for smokers.' Tobacco companies fear that introducing the plain packaging would prompt many smokers to abandon the premium brands such as Marlboro and Benson and Hedges, and instead switch to much cheaper makes costing 3.50 to 4
It causes bone marrow damage and leukemia
