No one makes more money from tobacco sales than governments do — not tobacco farmers or small tobacco retailers or even tobacco companies. Last year in Canada, federal and provincial governments took in over $7-billion from tobacco taxes. The combined net income of tobacco growers and tobacco companies, on the other hand, was just over $1-billion. Yet the federal government, through the Canada Pension Plan Investment Board, is also one of ... Jump to full article >>

August 30, 2009 – RICHMOND, Va. — After Philip Morris USA filed a lawsuit against three Mastic, N.Y., retail stores on the Poospatuck reservation, approximately 300 cartons of counterfeit Marlboro cigarettes were seized. The Mastic retailers were among a group of nine stores in New York and New Jersey that PM USA sued for selling counterfeit versions of the company’s brand cigarettes. “The sale of counterfeit cigarettes unde ... Jump to full article >>