The industry is driven by price point, and the cheapest stuff is usually what moves in the highest volumes. Optimizing that metric has been true for the entire lifetime of the industry and doesnt show any evidence of changing, adds Jikomes
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Marlboro cartons generally range from $50 to $100, though this varies significantly by state
Youd think Lorillard (LO) shareholders would be thrilled with getting $27.4 billion from Reynolds American (RAI) in the cigarette mega-merger finally announced after months of speculation
