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Librarian Capital's avatar

Given the article's focus on Vaping, I would respectfully point out that:

- Philip Morris stated it has an ~1% share of the global E-Vapor market (investor day, Sep-23)

- BAT stated it has a 38% share of the E-Vapor market in the top 5 key countries (results, 23H1)

They are not necessarily aligned in terms of what they want from regulators

PM shareholders (which include us) will probably make more money if Vaping is banned.

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Martin Cullip's avatar

"But while the prime minister was talking tough on tobacco, one of his own MPs had just returned from advocating for vaping at a major international conference". Basically the same thing.

Oh and UKVIA no longer has tobacco companies on its board. Keep up.

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