grimm's premium tobacco - Item Grimm's Premium Tobacco - Item

Tobacco tax haul tops US$300bn; regs, state firms and illicit trade reshape markets Disposable income shifts drive downtrading or premiumization; cigarette price elasticity ~-0.4 to -0.7 in highincome markets, approaching -1.0 in lowincome groups. Input inflation across leaf, energy and logistics has increased COGS; hedging and efficiency programmes partially protect margins while NGPs raise ASPs. Multicurrency exposure (operating in ~180 markets) and higher rates (Fed funds ~5.255.50% in 2024) raise FX and debt costs, affecting dividends and buybacks. Metric Value Markets ~180 Fed funds 2024 5.255.50% Price elasticity -0.4 to -0.7 (HI), ~-1.0 (LI)

This product does not include the battery and charger needed to provide heating

As a general rule, premium brands (Marlboro, Camel, Newport) sit at the top of the price range in any given state, while value brands can offer meaningful savings for budget-conscious smokers

These are often subjected to an artificial ageing process called relicing

is 21 by law

But I still wanted to look out for the constituency we serve, so I invited the Cancer Society to come on the line and give an update on the plans for reauthorization for Prop