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Alternatively, a 12% state user fee would be equivalent to about $1.08 per pack today

Like those products, two of the Njoy menthol varieties come as cartridges that plug into a reusable device that heats liquid nicotine, turning it into an inhalable aerosol

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We believe this acquisition brings additional value, capabilities, and further growth potential to our Company." "While our initial guidance for FY23 anticipated the impact of stimulus in the base period and the level of inflation that we were seeing at that time, we have seen a further deterioration in consumer spending, including at higher price points, in July," said Joan Hilson, Chief Financial and Strategy Officer