A new report mandated by the US Food and Drug Administration (FDA) has investigated illicit tobacco markets both at home and abroad in order to evaluate how these markets react to policies that affect the sale and regulation of tobacco products.
Although tobacco use has fallen worldwide over the past few decades, over 1 billion people still regularly use tobacco products. Illicit tobacco sales represent a sizable portion of the overall tobacco market, and in the US, illicit sales make up 8.5-21% of the total market. That works out at 1.24-2...
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