Potential bolt-on M&A opportunities
Everyone smoked or chewed tobacco
Nationally, the rate was 6.0%.2 Other tobacco product use: Florida Vaping rates in Florida In 2018, 5.9% of adults in Florida used e-cigarettes and 2.9% used smokeless tobacco.3 In 2019, 25.6% of high school students in Florida used an electronic vapor product on at least one day in the past 30 days.4 In 2019, 1.5% of high school students in Florida used chewing tobacco, snuff or dip on at least one day in the past 30 days.4 In 2019, 3.5% of high school students in Florida smoked cigars, cigarillos or little cigars on at least one day in the past 30 days.4 Economics of tobacco use and tobacco control How much does Florida make from tobacco taxes Florida received $1.534 billion (estimated) in revenue from tobacco settlement payments and taxes in fiscal year 2020.5 Of this, the state allocated $72.1 million in state funds to tobacco prevention in fiscal year 2020, just 37.1% of the Centers for Disease Control and Preventions annual spending target.5 Smoking-related health care costs: $8.64 billion per year.5 Smoking-related losses in productivity: $8.32 billion per year.6 Florida tobacco laws Florida cigarette tax Tobacco taxes Florida is ranked 31st in the U.S
The new ordinance addresses vaping and traditional cigarette smoking to protect residents from unwanted inhalation of second hand smoke and e-cigarette vapors
Our tobacco flavors are the true taste of the tobacco (and not a burning taste!) Like all of our traditional flavors, there is no real tobacco in it
