Philip Morris innovates cigarettes

InternAdmin | Contributor

Tobacco companies are staving off the decline of smoking with a stream of exciting new products (which are popular with children).

A Jefferies note on Philip Morris talks of “high hopes for Next Generation Products (NPGs).”

NPGs include progress toward “a reduced harm alternative,” but primarily they involve gimmicks.

Full story: Philip Morris is releasing a bunch of cool new cigarettes

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