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BAT expects traditional tobacco product sales to decline 2.5% across the industry this year

In the most recent cycle of the Year 10 school survey, as reported by New Zealands ASPIRE 2025 research team [E] both cigarette smoking and vaping had risen

It concluded that VELO is not made of tobacco because nicotine isolate is a chemically pure substance that contains no part or traces of the tobacco leaf. It also concluded VELO is not made of a tobacco substitute

The excise tax increase under the measure would raise the retail price of taxable cigarettes and tobacco products, and consumers would respond by buying fewer of those goods