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However, e-cigarettes are available in menthol flavor and are a popular alternative product adults might switch to if menthol is prohibited in cigarettes

Since 2020, Californias tobacco and nicotine rules have tightened sharply, with real effects on product availability

(3) Breakdown of Cigarette Taxation The high cost of cigarettes in the UK is primarily driven by taxation, which accounts for approximately 82% of the retail price (4)

"We believe that, you know, it will help us play a bigger role in health-care delivery and our outlook for the future is bright." Read MoreInversions threaten to 'erode' tax base: CVS CEO Separately, Merlo said the company will tweak its corporate name

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