The number of Iowa businesses seeking cigar and other tobacco permits has plunged in Iowa, according to the Iowa Department of Public Health’s Tobacco Use Prevention and Control division. From 5,500 retail permits in the state in 2003 and 2004, the tobacco tax and smoking ban pushed the number down by approximately a third.
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Cuba’s economy is so battered, it seems, that lifting the U.S. embargo wouldn’t even be enough of a help … well, not in the short run. The country’s infrastructure is in such a sorry state that I would take an incredible amount of time to modernize, according to Dr. William N. Trumbull, interim dean at [...]
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Without a Winston Churchill or John F. Kennedy, it seems, cigars will struggle to gain popularity in Lithuania, it’s been lamented. Nonetheless, cigarillo and cigar imports are surging. Last year, 182.6 million cigarillos were imported into Lithuania, up from a meager 4.6 million in 2008. Yet, cigar smokers comprise only 2 percent of the population. [...]
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Because of the 75 percent OTP tax that takes effect August 1, 2010, many tobacconists from New York aren’t making the trek out to New Orleans this year. A source close to the market tells me that the New York cigar shops are focused on buying as much product as they can in July, particularly [...]
Continue reading about EXCLUSIVE: New York Tobacconists Bailing on IPCPR Show
Luxury spending is coming back, and that’s great news for the cigar business. There may be hints of a double-dip recession, but that’s leaving the consumer undeterred. Luxury sales are expected to surge, especially in China and India.
When scanning the cigar-related headlines this morning, I stumbled into a PennLive.com op-ed piece with a wonderfully inflammatory headline: “Pa. backroom deals aid Big Tobacco, harm regular folks.” Unfortunately, the piece consists of nothing but misinformation and flawed assumptions about the cigar industry, cigar taxation and the impact of both on Pennsylvania’s budget. It’s time [...]
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Have you ever heard of Cigar Tourism? If you enjoy cigars religiously, a vacation at one of these tours is like being in heaven. Imagine this: at least five days of pure cigar enjoyment including hanging out with the big dogs in the cigar industry, visiting to their factories and plantations, and of course, enjoying [...]
Watch the latest video at video.foxbusiness.com Check out the thoughts of Camacho‘s Christian Eiroa on Fidel Castro and the latest developments in the cigar industry. Watch other videos on Cigar Reader >> via W. Curtis Draper
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