ANALYSIS: The More People Quitting Smoking, The More Big Tobacco Companies Making Profit. WHY?

Smoking rates are falling in the UK, US and much of Europe. Forty-five per cent of Brits smoked in the 60s and 70s, compared with just 15% today. You would think this was bad news for cigarette profits, but tobacco companies are making more money than ever.

Source: We’re quitting smoking, so why is big tobacco booming?

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