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Learn more about smoke-free alternatives All about: Heated tobacco products 5 min read Also known as heat-not-burn products, these alternatives to smoking heat tobacco below the level of burning to release nicotine and flavors

Pensions' Role On Monday, the investment committee for the California Public Employees' Retirement System (CalPERS), the largest public pension plan in the United States, not only opted against getting involved with tobacco stocks again, it extended its ban on such investments to affiliate funds

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This regulatory framework creates a distinct market dynamic focused on compliance and uniformity, differing significantly from markets with more branding flexibility

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Smoke-free bars and restaurants usually see the highest boost