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It also avoids disrupting the equilibrium in the market by introducing a new player

Financially, BAT can keep investing in NGPs and maintain its dividend so long as the core cigarette business continues to face a manageable pace of erosion

Strengths and limitations This research has strengths, including that it examined adult LCC users from the US who are not well represented in tobacco research, and that the research uses the most recent nationally representative PATH Study data to provide an estimate of nicotine perceptions

Younger consumers and first-time smokers are the primary targets of wellness-oriented marketing

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