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THC & CBD topicals are cannabis-infused products that are designed to be applied externally to the skin

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These factors, combined with the regions established consumer base and regulatory frameworks, make Europe not only the largest market by volume but also strategically critical for global e-cigarette manufacturers navigating evolving public health policies

RBC Capital Markets analyst Nik Modi saw several strategic reasons for a deal, including geographic alignment with international competitors and full economic benefit of IQOS in the United States and global access for Juul