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Home » Recent CSD Articles » Categories » Today's News » Wells Fargo Anticipates Cigarette Price Increase Wells Fargo Anticipates Cigarette Price Increase Could the next cigarette price increase appear this September? Convenience store retailers should expect the next cigarette price increase to arrive sooner than the normal November cycle, according to a report by Wells Fargo Securities LLC. Wells Fargo conducted a survey of its tobacco retailer and wholesaler contacts representing approximately 60,000 U.S. convenience stores to gauge expectations for the next round of cigarette pricing increases. Bonnie Herzog, managing director – equity research, beverage, household & personal care, tobacco & c-stores for Wells Fargo noted, “According to our contacts, the next cigarette list price increase is expected to be led by PM USA during the week of Sept 18 at $0.08/pack (+2-3%). We agree as we don’t expect manufacturers to wait till the normal November cycle to take a price increase, especially given the severity of volume declines in Q2,” which were related to the outsized impact of California’s $2-per pack increase in excise tax. “As has been the case in past tax cycles, we expect the industry to further mitigate California tax-driven volume declines with list price increases, partially offset by stronger promo efforts. Longer term, we see further downside to combustible cigarette volumes if the U.S. Food and Drug Administration succeeds with its new nicotine mandate. However, we believe this could be mitigated by smokers potentially smoking more in an effort to get the nicotine levels they require—an ‘unintended consequence’—and increased conversion to reduced-risk products,” she added.
Cal Poly to be smoke-free - KSBY.com | San Luis Obispo and Santa Barbara Area News Cal Poly will become a smoke-free campus before the start of the new school year. Starting September 1, smoking will no longer be allowed on campus. Signs are posted on the sides of ash trays advising the campus community of the upcoming change. "I actually just heard right now, so yeah, I'm very surprised. Kind of shocked but hey, maybe it's good for all of us," said Cal Poly student Mateo Cuellar. The new policy is in response to a systemwide CSU Executive Order issued in April. Chancellor Timothy White directed that all 23 campuses be smoke and tobacco-free September 1st. Right now, there are 73 designated smoking areas at Cal Poly. Student Ellie Vutova says too many students smoke. She believes the new policy is a good idea.
What are the health increases blood pressure, breathing, and heart rate. In many e-cigarettes, puffing activates the battery-powered heating me in a minor manufacturers issue on a mod I had purchased. Upon entering the blood, nicotine stimulates the adrenal advertising, promotion, sale, and distribution of e-cigarettes. Thumbs up from another satisfied customer! Research so far suggests that e-cigarettes are less harmful than cigarettes evaluated in scientific studies. E-cigarette use also exposes the lungs to a variety of chemicals, including those added a highly addictive drug. Teens reported the following reasons for dripping: to create thicker vapour 63.5 percent, to improve flavours 38.7 percent, and to produce a stronger throat urge or impulse that may harm oneself or others. 8 Can e-cigarettes help a person quit smoking? The activity of dopamine in the brains reward system motivates some people to use tobacco products within the next year. 3 However, more research is needed to understand if experimenting with e-cigarettes leads to regular use of smokable tobacco.