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Is marijuana the future of Big Tobacco?


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Americans are smoking much less tobacco than they once did. To date, Big Tobacco has shrugged off this trend line with strong growth in developing countries, including India, Russia, and especially China, which now has over 350 million smokers. But in the longer run, the declining numbers of smokers in the United States is a damaging development for Big Tobacco and a presage of things to come ...

 

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