7 Pages Posted: 1 May 2008
Date Written: April 2, 2008
During the 1990s American began to associate premium cigar smoking with status and a privileged life-style. Many new brands of premium cigars were created to satisfy this increased demand. The "cigar boom" was short-lived and many small producers went bankrupt. The remaining independent producers face an uncertain future with increased concerns over health issues and smoking bans and the consolidation of a shrinking market.
Keywords: cigar, premium cigars, tobacco
JEL Classification: M10
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