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The team carried out a wide and careful review of published information, drawing on: This stage helps the team understand the market structure, the value chain, the major players, and the key factors that influence demand

Smoking is not green

To put it another way, the pharmaceutical companies may have the good, FDA-approved nicotine, but Philip Morris has that good old nicotine, which one might infer from their harm-reduction ads is no more hazardous to health than a can of Red Bull, a Big Mac, or a pack of M & Ms

According to Grand View Research, the global vaping market size was valued at $15.04 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 23.8% from 2021 to 2028

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