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May the best quality win. Poll Position When surveyed about the RAI/Lorillard/ITG deal, tobacco retailers revealed plenty: 46% expect a negative impact on the cigarette competitive environment post-merger, 26% expect a positive impact and 28% expect no impact.* More than 50% believe ITG will lose cigarette share,* and 48% see a competitive disadvantage for ITG Brands.** About 25% of EDLP participants recently signed up for the program, and nearly 60% believe EDLP participation will grow with the addition of Newport.** 90% see Altrias new Retailer Leader program as a win for Altria.** 45% anticipate increasing shelf space allocations for Reynolds.** Almost 80% dont plan on changing current shelf space allocations for Philip Morris USA (whose parent company is Altria).** Retailers have become more bullish on Newports potential post-merger: They expect the brand to gain nearly 1% additional market share in 2016 (up from a 0.76% prediction in December).*** 61% of retailers describe the relative price gap between premium and deep-discount cigarettes as remaining flat, while 29% say it has widened and 10% say it has narrowed.*** *Wells Fargo Securities Tobacco Talk Retailer Survey, October 2015 **Wells Fargo Securities Tobacco Talk Retailer Survey, December 2015 ***Wells Fargo Securities Tobacco Talk Retailer Survey, January 2016 Members help make our journalism possible

These cigarettes are crafted with the same commitment to natural ingredients as other American Spirit options but offer a smoother, milder flavor profile

Student cigarette smoking fell to its lowest level on record, while e-cigarettes remained the most popular category and nicotine pouches moved into second place

Overall, the existing literature remains preliminary and largely hypothesis-generating, with no longitudinal studies capable of establishing causality or dose-response relationships

Black & Mild Filter Tip Singles $0.99 Each 30 Count Box $18.99 $29.70 (-36%) Individually wrapped for freshness Smooth and mellow pipe tobacco blend Comfortable filter tip for easy draw Machine-made for consistent quality Great for on-the-go smoking Trusted Black & Mild brand Ready to smoke no prep needed Ideal for everyday enjoyment Convenient 30-count box Description Black & Mild Filter Tip Singles deliver smooth flavor and premium quality in a convenient format

Zhenlong (Xiangyun): A little more satisfaction