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Earlier this month, Phillip Morris International announced that it had agreed to a $1.2 billion deal to buy UK asthma inhaler maker Vectura

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The state generated $551.3 million in tobacco related revenue from settlement payments and taxes

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Pictured: Australian Border Force officers in 2018 bust a tobacco importation operation in Melbourne seizing over 10 tonnes of illicit tobacco which represents about $10 million in evaded duty Although there is some scientific evidence to support the notion that vaping is safer than traditional tobacco products, other studies around the globe have concluded e-cigarettes can still cause serious harm