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In 2000, CalPERS voted to divest tobacco shares from its internally managed investment portfolio because of the products widespread health concerns, related healthcare costs for smokers and, at the time, massive litigation against the tobacco companies and the stocks poor returns

The average additional years a person would have lived if they had not died prematurely from a disease, like cancer

For context, revenues and excise and VAT for 2022 and 2023, measured in thousands of EUR, were 1,265,734/1,008,709 and 1,324,157/1,045,922, respectively

PMID 15753970

Knowing the new rules is not optionalit is essential for staying out of legal trouble in 2025