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When the deal closed in November 2023, a statement from Eastern noted the stake was sold for $530 million, with an additional $95 million to be paid in installments over an unspecified period

In a 2012 report, the Washington-based Global Business Group on Health said Japans ownership of Japan Tobacco shares leads to a national conflict of interest, in which the government treats smoking as a behavioral issue rather than a health concern. Though smoking rates have started to decline in recent years, the Japanese remain heavy smokers, consuming about 1,841 cigarettes a person, according to data compiled last year by the World Lung Foundation and American Cancer Society

Cannabidiol (CBD): What we know and what we don't Cannabidiol (CBD) is often covered in the media, and you may see it touted as an add-in booster to your post-workout smoothie or morning coffee

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Cardboard cigarette boxes can give cigarette brand owners a more direct route