With a market valuation of more than $144 billion as of 2021, Philip Morris International Inc. is the richest tobacco corporation in the world. Altria Group Inc.’s international division, Philip Morris International Inc., is in charge of manufacturing and marketing the business’s goods overseas. The business is well-known for its well-known cigarette brands, including Parliament, L&M, and Marlboro.
It is true that selling tobacco may be a successful company. Selling tobacco goods comes with a lot of risks, though, and the tobacco sector is heavily controlled. Additionally, the harmful effects of smoking have resulted in lower sales and higher taxation on tobacco products in many nations. Entrepreneurs who wish to launch a tobacco firm should do thorough market research and prepare for the challenging regulatory environment.
A smoker typically has a 10 year shorter life expectancy than a non-smoker. Smoking causes more than 480,000 deaths annually in the US, making it the biggest preventable cause of death, according to the Centers for Disease Control and Prevention (CDC). Numerous chronic ailments, such as lung cancer, heart disease, stroke, and respiratory illnesses are all significantly increased by smoking.
The price of a pack of cigarettes each day varies depending on where you live and the brand you buy. The average price of a pack of cigarettes in the United States is $6.28, per the American Lung Association. Therefore, it would cost around $188 per month or $2,292 annually to smoke a pack a day. Taxes, however, make cigarettes significantly more expensive in some states.
Because the health effects of smoking vary based on a variety of circumstances, such as the age at which a person starts smoking, the quantity of cigarettes smoked per day, and the existence of other health disorders, it is challenging to quantify just how much a cigarette shortens your life. However, smoking shortens life expectancy by an average of 10 years, according to the CDC. So, one of the most crucial things a person can do to enhance their health and lengthen their life is to stop smoking.