During the Tobacco Plus Expo (TPE) this year, CAA gave a webinar presentation on the state of the cigar industry as part of the TPE Ignite Virtual Educational Seminar series. David Ozgo and Chris Newbry gave online participants an overview of the challenges the industry faced at both the state and federal levels in 2021. They also discussed the likelihood of potential tax increases and proposed flavor bans that the industry will face in 2022.
To watch the presentation in its entirety, click here. As a summary, at around the 3:05 mark, David discusses the potential risk for excise tax increases at the federal level. Then, starting at 17:30 Chris first discusses 2021 state legislative highlights followed by an overview of what we can expect in 2022 at 24:33.
CAA is grateful to TPE and has enjoyed participating over the years to provide insights on the cigar industry.
