Tobacco's Vapor Wager Looks Good on Paper – Wall Street Journal

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Tobacco’s Vapor Wager Looks Good on Paper
Wall Street Journal
Of course, those companies are still called “big tobacco” for a reason. Retail cigarette sales of $90 billion are about 90 times as much as the e-cig market. But sales of the latter doubled last year; cigarette volume is dropping around 4% annually
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