Interesting point. With the current market correction/crash we are going through, what companies are showing the most strength? Tobacco companies.
Tobacco giants have not been shacken by any of these fears circulating the market while other fantastic companies have been slashed by 50-80%.
With the fear of possible recession on the horizon, tobacco has been a safe haven for investors.
But, while people will still always smoke, they will also look for cheaper brands and better deals to save money during these economic down times.
now we have taat expanding quiet rapidly across the states and into Europe, offering an alternative choice at half the cost of tobacco.
I would have to think that a company like taat, offering a product that can help you kick an expensive bad habit and save you money while
doing so , would thrive during a major recession.
people will always look for the cheaper option, especially with smokes at all time high prices (cost about 19$ for a pack of premium smokes in my province).I belive a large portion of smokers will look at taat more now then they would have in a healthier economy
just my thoughts.