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It must be important, or at least Charles Peterson thought so

Californias passage of Proposition 56 means e-cigarettes and vaping products will be taxed in the same way as cigarettes and other tobacco products

Commenting on the move, Jorge Alday, Partner at STOP, the tobacco industry watchdog, said: Philip Morris International may be moving the deckchairs around by buying Swedish Match but, like its pharmaceutical company acquisitions last year, it doesnt change the fact that PMI is still one of the worlds biggest cigarette companies Adding new snus and nicotine pouches to its portfolio just gives it another way to replace customers who are quitting tobacco or dying from its core product

However, the online distribution segment is the fastest-growing, driven by digital-native consumers, regulatory loopholes in certain states, and a desire for discreet purchasing