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According to the Monitoring the Future Survey, about 37% of high school seniors reported using e-cigarettes within the preceding year and about 10 percent report daily use
Birben, E., Sahiner, U
As the industry continues to evolve, staying informed about these trends will be essential for stakeholders to make strategic decisions and adapt to changing market conditions
I will never rely on the assumption of multiple expansion for forward returns, but I think there is a reasonable chance for BAT to re-rate as New Categories continue to grow and the companys prospects become more evident
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