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That includes $29.44 in cash and 0.526 of its ordinary shares The acquisition comes as e-cigarettes and vaping are gaining traction among consumers and is expected to better position the company to compete for those dollars

With the uptake in smoking since 2000, we can expect that figure to rise significantly in the future as smoking related health issues begin to impact on an ageing population

Product information Regulatory Compliance and Labeling Requirements for Custom-Printed Cigarette Boxes Design Strategies for Custom Printed Cigarette Packaging printed tobacco boxes are attractive to their targeted consumer audience and stand out while at the same time being memorable in the midst of other tobacco products

The addictiveness of nicotine can be measured, according to the National Institute on Drug Abuse, by how reinforcing it is, or how much it drives people to continue using it

"There are a number of concerns which we hold in regards to tobacco plain packaging, one of which is stripping intellectual property from legitimate organisations, another is the growth in the illegal market," he said