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Stock impact report

Imperial calls for enforcement-first approach and fact-based action to address youth vaping [Yahoo! Finance]

British American Tobacco Industries, p.l.c. ADR (BTI) 
NASDAQ:AMEX Investor Relations: bat.com/ir
Company Research Source: Yahoo! Finance
for a more focused, fact-based approach to youth vaping that targets the real source of the problem: the illicit market. Imperial Tobacco Canada Logo (CNW Group/Imperial Tobacco Canada) There is unanimous agreement on the core issue. Youth should not be using nicotine products. Imperial supports strong measures to prevent youth access and stresses that enforcement of existing laws must be the priority. However, the discussion failed to clearly distinguish, and at times blurred the line between the regulated market and the growing illicit market driving youth access. "The flavoured, youth-appealing products being cited are not coming from Imperial or the regulated market," said Eric Gagnon, Vice President, Corporate and Regulatory Affairs. "They are overwhelmingly coming from the illicit market, where there are no rules, no oversight and no age verification." Recent Health Canada data, which was cited in today's press conference, underscores the issue. While less than (1%) of Show less Read more
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