Long term investors should pay attention....https://www.nytimes.com/2022/12/12/us/supreme-court-flavored-tobacco-ban-california.html?smid=nytcore-ios-share&referringSource=articleShare
The tobacco industry spent tens of millions of dollars in support of the measure, but 63 percent of the state’s voters
approved the law in November......that's 63 percent oppose menthol.....period!!
and.....
Last week, the Justice Department announced an agreement for 200,000 retailers to display eye-catching signs in their stores about the dangers of cigarette smoking. The order goes into effect in July and gives retailers three months to post the signs. The agreement settles the terms of a 1999 racketeering lawsuit filed by the U.S. government against tobacco companies, including Reynolds..
Spin it anyway you wish!!