Regulatory Costs & Consequences: Economic Impact of Premium Cigar Regulation

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    “This report is the first of its kind to quantify the domestic economic consequences of premium cigar regulation. From the manufacturers, headquarters operations and the supply chain based in Florida, to the family farms of Pennsylvania and Connecticut, to community tobacconists from Seattle to Boston, it’s clear that these regulations threaten the jobs, families and small businesses that dot Main Street America. Coupled with the international trade implications of these regulations, something as simple as enjoying a cigar results in true economic harm that carries commerce and national security implications.”

    The report will be distributed to the Trump administration through applicable regulatory reform task forces within various agencies and cabinet offices in addition to congressional committees that have oversight on regulatory and small-business issues.

    This story first appeared in the January/February 2019 issue of Tobacco Business magazine. Members of the tobacco industry are eligible for a complimentary subscription to our magazine. Click here for details.

    Contributed by J. Glynn Loope, executive director of Cigar Rights of America. Photo courtesy of J.C. Newman Cigar Co.