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Decock, W

The presence of multiple reduced-risk products in the market forces HTP brands to differentiate themselves and justify their pricing

Clean indoor air ordinances Smoking is prohibited in all government and private workplaces, public schools and childcare facilities

Bianca is an excellent representative for Public Storage

Investment Thesis Since fully acquiring Reynolds American, British American Tobacco has steadily deleveraged while paying an increasing dividend while also engaging in significant R&D and M&A, and now, the companys transformation is reaching a powerful inflection point

Simply putting people in jail and banning tobacco is not going to help anyone, jail can be used for worse criminals