People making less than $30,000 a year spend 23.6 percent of their income on cigarettes, almost ten points higher than the national average, while those earning more than $60,000 spend an average of just 2.2 percent of their income on the same expensive packs
Macdonald Tobacco processed the tobacco leaf into a finished product, then sold it to the tobacco-starved market in the northern U.S
Most experts agree that cannabis production will commoditize, and as this happens agriculture giants will be best positioned to bring their efficiencies at scale to this industry, as well as their technology for optimizing genetics, propagation, and other techniques not currently available in the cannabis industry
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