Last year, Floridas highest court re-approved that decision, which made it easier for sick smokers or their survivors to pursue lawsuits against tobacco companies without having to prove to the court again that Big Tobacco knowingly sold dangerous products and hid the hazards of cigarette smoking
"Because of the recession, and falling purchasing power, the problem of black market tobacco seems to be getting worse," said Jos Luis Nueno, a professor of marketing at the IESE business school
According to researchers, smoking and chewing tobacco for years can lead to the development of squamous cell carcinoma in your mouth, regardless of the location
The company, which has been increasingly focusing on smoke-free products as governments tighten regulations on cigarettes, made $10.19bn (8.3bn) in revenues from products such as heated tobacco and electronic cigarettes in 2022