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A long-term study by University College London found that the proportion of smokers who believed e-cigarettes were less harmful than cigarettes dropped from 44% in 2014 to 27% in 2023, while a majority came to believe vaping is as harmful or more harmful than smoking

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"Glory Week" consumes tremendous energy

In the worst-case scenario, its not hard to envision revenues falling below operating costs and EBITDA reaching zero, implying the shares are worthless and that dividends will be cut or even stopped entirely

More research is needed to fully uncover the nature of the relationship between income, drinking, and smoking