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Altria Raises Prices on Cigarettes

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Altria Group Inc. recently announced about its plans to increase prices on its several cigarette brands and smokeless tobacco products.  The famous manufacturer wants to reduce its off-invoice promotional allowance by 7 cents per package on L&M and Marlboro cigarette brands. Besides this, Altria’s subsidiary, Philip Morris USA has raised prices on cigarettes by 7 cents per package and Marlboro … Continue reading

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