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But she cautioned against automatically reaching for more graphic warning labels as the solution

Low grade tobacco by definition is tobacco of inferior quality that is not fit to be sold as a regular grade

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This has been partially offset by an impairment charge of 46 million for machinery due to the adverse impact from macro-economic headwinds and industry volume declines in the U.S

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Business Model Raw Materials & Manufacturing BAT does not own tobacco farms or directly employ farmers, but sources tobacco leaves directly with around 91,000 farmers and third-party suppliers