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Quick Links: Cigarillos Discover the Dutch Leaf Pure Sweet Cigarillos, featuring fifteen 2-packs of natural tobacco leaf wrapped cigarillos with Caribbean Cuban Seed Tobaccos, accented with a light sweetness

Participants who believed ENDS to be safe were 1.26 times more likely to have ever used ENDS for every one unit increase on the perceived safety of ENDS ordinal scale (AOR=1.26

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Below is the upside case: US doesnt ban menthol Share gains drive NGP revenues at 20% CAGR, to 13b GBP in 2030 55% incremental margins in NGP, creating 36% terminal operating margin (still a little lower than the company average) Flat 51% margins in combustibles with no menthol ban Stock trades at near market-ish multiple of 15x on substantial NGP transition The above are very much possible