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Given that there is no safe tobacco product, youth and adults who do not use tobacco products should not start using e-cigarettes

Cigarettes have become an average of 21% more affordable in low- and middle-income countries over the past decade

The resulting regression equation: 5.958 + 20.948 (% Rev from Non-Combustibles) This gives British American Tobacco an implied EV/EBITDA of 9.02, ~7.5% lower than its current multiple

The economic burden is staggering, with the opioid epidemic costing the United States over 1.5 Trillion dollars

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