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Wisconsin introduced a 5 cent per milliliter tax on vapor products, which are among the growing number of substitute products for cigarettes

Going the way of the dinosaurs

High Valuations: ITC shares are generally considered to be overvalued as compared to its peers and the companys PE ratio(price to earning ratio) are also on the higher side which gives less room for growth

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In addition, it has been pointed out that smoking causes a decline in corporate productivity (Toward the Realization of a Cigarette Abolition Society, Science Council of Japan, March 4, 20 (2008)) due to mental diseases such as depression and smoking-related diseasesin other words, smoking causes economic loss [36]