- Apr 2, 2009
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First paragraph in today's report by David Adelman at Goldman Sachs.
And yet, the FDA, CDC, WHO, many state/local health officials, CTFK, ACS, AHA, ALA, Legacy, ANR, AMA, ATTUD, and many others who claim to be public health advocates continue to try banning e-cigarettes by falsely claiming they are very hazardous and are target marketed to youth.
Five importantdynamics between now & mid-May: First, we still expect weak 1Q13 US cigarette shipments(~4.5%). Generally soft C-store trends and higher payroll taxes/gas prices maybe contributing, but we believe that e-cigarettes are likely the principalculprit.
And yet, the FDA, CDC, WHO, many state/local health officials, CTFK, ACS, AHA, ALA, Legacy, ANR, AMA, ATTUD, and many others who claim to be public health advocates continue to try banning e-cigarettes by falsely claiming they are very hazardous and are target marketed to youth.