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As Gottlieb, the public health lawyer, reminds me, the history of tobacco control is one of gradual progress, with local leadership pushing forward radical policies, from banning cigarettes in restaurants to raising the age of purchase to 21

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Additionally, like Sees, JMC has a long history of leveraging its brand into continued pricing power, continued through the years since being acquired by Altria: From 2008 to 2011, reported net revenues increased from $387 million to $567 million, and revenues net of excise taxes increased from $326 million to $360 million