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Zimbabwe’s Tobacco Farmers Hit Gold

Zimbabwe’s tobacco farming is on a rebound, with the sector set to produce more than 200 million kg, a third more than it did the previous year. European countries have been snapping up Zimbabwe’s tobacco, notably Belgium, which bought more than 8.4 million kg of the golden leaf worth $36.6 million. Latest statistics from the…Continue Reading…

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Why The Massive Black Market Trade in Cigarettes Affects You Even If You Don’t Smoke

A National Academy of Sciences committee meets this week to study a large, growing and little-understood black market in drugs.  But rather than cocaine, heroin and methamphetamine, the committee members will be discussing tobacco cigarettes. The global black market in tobacco is estimated to supply 11.6% of the world’s consumption, a startling 650 billion cigarettes…Continue Reading…

US: Lorillard Q1 Profit Declines

US cigarette maker Lorillard, Inc. (LO: Quote) said that income for the first quarter of 2014 declined to $271 million from $328 million in the prior year quarter. Reported earnings per share for the quarter decreased 14.0% to $0.74 from last year’s $0.86, due primarily to the $0.23 per share favorable impact of the settlement…Continue Reading…

Tobacco Rep Asks Vietnam to Curb Smuggling Before Raising Taxes

Tobacco Rep Asks Vietnam to Curb Smuggling Before Raising Taxes

The Vietnam Tobacco Association (VTA) has asked the government to delay raising the excise tax on tobacco until smuggling is “considerably” reduced, news website VnEconomy reported on Wednesday. The association made its recommendation after both the Ministry of Finance and the Ministry of Health proposed increasing the tobacco tax to 105 percent of the per-pack…Continue Reading…

India: Tobacco Products May Attract Higher Taxes in Budget

India: Tobacco Products May Attract Higher Taxes in Budget

Tobacco products are likely to attract higher taxes and stricter regulation in the coming Budget for 2014-15. The health ministry has proposed a substantial tax hike of Rs 3.5 per stick on cigarettes of all sizes and removal of tax exemption given to several bidi manufacturers. “Specifically, I propose to reform tobacco taxes in the 2014…Continue Reading…

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Reynolds Has Weighed Lorillard Purchase Amid On-and-Off Talks

Camel cigarettes Packs of Reynolds American Inc. Camel cigarettes sit on display in a store in Garner, North Carolina.   Reynolds American Inc. (RAI), the maker of Camel cigarettes, has explored the purchase of Lorillard Inc. (LO) for several months and found its efforts so far stymied by the complexity of a potential agreement, people…Continue Reading…

Our View: Schools know, tobacco-free the way to go

The leadership at Louisiana College, LSU of Alexandria, Central Louisiana Technical Community College, as well as more than 20 other institutions of higher learning across the state, should be commended for developing a campus-wide, tobacco-free policy that is already in place, or will be by August 1. With the passage of Act 211 last year,…Continue Reading…

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US: FDA Discusses Banning Online Sales of E-Cigarettes

The Food and Drug Administration is considering a ban on online sales of electronic cigarettes, as part of a package of regulations the agency is readying for the increasingly popular devices, people familiar with the matter said. The FDA, which warned in 2009 that e-cigarettes could pose health risks, has been meeting with e-cigarette makers…Continue Reading…

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US: Georgia Tobacco Heats up, Sucker Control Options

Much of the Georgia tobacco crop received some needed rainfall during the last two weeks. This resulted in rapid growth and very tender leaves. Recent temperatures and bright sunshine have combined to cause minor speckling of upper expanding leaves on rapidly growing and tender plants.  Now as much of the crop is again water deficient…Continue Reading…

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E-cigarette Makers Using Twitter to Skirt US Ad Ban

While advertising for conventional cigarettes has long been prohibited in the US, e-cigarettes are being routinely advertised in social media including Twitter, finds a new study. Researchers from the University of Illinois said e-cigarettes are commonly advertised on Twitter and the tweets often link to commercial websites promoting e-cigarette use. “There is this whole wild…Continue Reading…