Cigarette Sales Are Tanking But Their Profits Are Going Up – How? And Why?

11 May 2017 by Jasmine Stone in Business, Health

Related Posts

• UK Ban Naomi Campbell From Charities After Supermodel Spends Money On Cigarettes And Spa Treatments
• Wednesday Morning Spice
• New Zealand Ditches Plans To Make It Illegal For Anyone Born After 2009 To Buy Cigarettes
• 'Stop Painting Everything With The Same Brush': Tobacco Industry Experts Slam Proposed Bill That Would See Vape Users Pay Increased Sin Tax
• Vaping Among Children Takes Horrifying Turn As Teen Forces Baby To Smoke [Video]

Cigarette advertising might be banned, and we’re all a little more clued up on the fact that entjies aren’t good for our health, but big tobacco is still laughing all the way to the bank.

We’ll start off with this stat – cigarette sales fell by 37% in the US over the past 15 years, but tobacco companies saw their revenue from cigarettes grow by 32%, up to more than $93 billion in 2016 alone.

How and where does that 32% growth come from, right?

Quartz has a handy little flip through look at what’s happening and we’ll screenshot for your convenience:

Smoking kills, but damn does it make money.

By the way, if cocaine is more your thing then go ahead and check THIS out.

[source:quartz]

• ← South African Parents Are Freaking Out About The #BlueWhale Suicide Game
• See Ya, Cairo! Here’s Egypt’s New Capital, Being Built By The Chinese →

• 2oceansvibe Partners

  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  • 
  •