Minneapolis smokers to pay some of the highest cigarette prices in US
Time:2024-05-08 04:23:37 Source:businessViews(143)
MINNEAPOLIS (AP) — Smokers in Minneapolis will pay some of the highest cigarette prices in the country after the City Council voted unanimously Thursday to impose a minimum retail price of $15 per pack to promote public health.
The ordinance not only sets a floor price. It prevents smokers and retailers from getting around it by prohibiting price discounts and coupons, which several tobacco companies circulate online to lure customers and reinforce brand loyalty. The minimum price also applies to four-packs of cigars. Distribution of free samples is prohibited.
Consumer prices are expected to run even higher after taxes are figured in. While retailers will get to keep the extra money paid by smokers, the higher prices are expected to snuff out at least some of their sales. E-cigarettes, which have grown in popularity, were left out because their prices vary too widely.
You may also like
- Who is youngest
- Guizhou Achieves Progress in Economic Development, Poverty Alleviation
- China Unveils Supporting Measures for Childbirth, Parenting
- China Holds Conference on Internet Civilization
- I have the largest penis in Britain
- 2022 World Artificial Intelligence Conference Held in Shanghai
- Ministry Ensures Rural Students Not Left Behind
- World Robot Conference 2022 Held in Beijing
- Anne Hathaway and husband Adam Shulman join Kate Hudson at Derek Blasberg's star