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There continues to be a long-standing policy debate over the use of tobacco securitization, with proponents arguing the benefits of having immediate access to cash and removing much of the uncertainty enveloping future tobacco settlement payments for state and local governments

Globally, there is growing concern about the potential risks associated with e-cigarette use (vaping), including short and long-term health risks, the presence of harmful chemicals, the nicotine content either stated on the vapes or mislabelled and variable, and the consumption becoming a gateway to smoking cigarettes with high youth appeal

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According to data released by the Campaign for Tobacco-Free Kids in January, New York has the highest cigarette tax rate in the country, while California comes in a distant 35th