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In 2016, menthols represented about half of Reynolds's $12.5 billion revenue." Should menthol cigarettes ultimately be banned in America, this deal will not only have been a major waste of capital, but it would leave the company saddled with debt that needs to be serviced by a much smaller cash flow stream than management expected

Morris Coats, A Note on Estimating Cross-Border Effects of State Cigarette Taxes, National Tax Journal 48:4 (December 1995): 573-584, ntj-v48n04p573-84-note-estimating-cross-border.pdf?v=%CE%B1&r=35923133871196367

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Of course, we mourn the loss of the varietal, but the unique charm of Artisan's Blend was not lost on the other side

4 5 Summatively these findings have reinforced the ideal that smoking needs to be highlighted as a global problem affecting us all, not just smokers and those around them