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Philip Morris International rallied 3.3% after the seller of Marlboro cigarettes reported stronger profit and revenue for the latest quarter than expected

These included comments from Mackinac Center for Public Policy and the Washington D.C.-based Tax Foundation, authors of this and previous smuggling studies

Major market drivers include Dubai's luxury hospitality sector requiring premium smoking accessories, corporate gifting programs targeting high-value clients, and retail expansion in duty-free zones

Marijuana usage has also climbed in recent years among adults between the ages of 30 and 64, while it has been stable at a low level among senior citizens