The tobacco bond sector was born after Philip Morris and other cigarette makers cut a deal with 46 states in 1998 known as the Master Settlement Agreement. In exchange for billions of dollars every year in perpetuity, the states agreed not to sue the tobacco manufacturers for the health hazards the industry poses.
REF: Tobacco Payments Dip as Smokers Quit - Bond Buyer Article
James
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July 11 smoked 05 cigs, 35 less than my usual 40 cigs a day 2404 cigarettes not smoked in 69 days by using Stonewall, Joye 510, Hello 016, Ken's BoxMod, MadVapes 2xAA Box Mod, WetBox Vaporizer (ecig) and 19 bottles of ejuice partially used , $0.28 per cig X 2404 Cigs = $673.12 diverted from cigarettes to Vaporizer (ecig). I have spent over $1000 on my cigarette reduction program And will break even when Hell freezes over
REF: Tobacco Payments Dip as Smokers Quit - Bond Buyer Article
James
============================
July 11 smoked 05 cigs, 35 less than my usual 40 cigs a day 2404 cigarettes not smoked in 69 days by using Stonewall, Joye 510, Hello 016, Ken's BoxMod, MadVapes 2xAA Box Mod, WetBox Vaporizer (ecig) and 19 bottles of ejuice partially used , $0.28 per cig X 2404 Cigs = $673.12 diverted from cigarettes to Vaporizer (ecig). I have spent over $1000 on my cigarette reduction program And will break even when Hell freezes over
