tobacco stocks etf has been phenomenal the past 3 years : r/dividends China's tobacco industry is red

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Bootleg cigarette smuggling is an ongoing drain on law enforcement as illicit tobacco seizures surge and state tax revenue from tobacco sales continues to plummet, findings from a new report by the Massachusetts Illicit Tobacco Task Force (ITTF) reveal

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With an FCV production of 1.97 billion kg in 2023, rising to an estimated 1,971 kg in 2024, according to the ITGA, China remains the leading tobacco-cultivating country by far