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Waiting For Everyman
Waiting For Everyman's Journal
Waiting For Everyman's Journal
March 7, 2014
Many small companies already have e-cigs on the market, and a few of Philip Morris's competitors Lorillard and Reynolds American have either bought e-cig startups or are developing their own. They're still less than 1 percent of the overall market but growing fast, as Philip Morris illustrated at its investor presentation Wednesday:
That leaves 99% of the market comprised of independents.
All of Big Tobacco combined has less than 1% of the ecig market.
As of November 2013.
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/11/22/big-tobacco-admits-defeat-will-develop-e-cigarettes/
Many small companies already have e-cigs on the market, and a few of Philip Morris's competitors Lorillard and Reynolds American have either bought e-cig startups or are developing their own. They're still less than 1 percent of the overall market but growing fast, as Philip Morris illustrated at its investor presentation Wednesday:
That leaves 99% of the market comprised of independents.
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