Seeking Alpha

State AGs hammer away at retail chains on tobacco

  • More than two dozen states are pressuring retail giants to stop selling tobacco products.
  • Letters from state AGs went out to Rite Aid (RAD), Walgreen (WAG), Kroger (KR), Safeway (SWY), and Walmart (WMT).
  • CVS Caremark isn't in receipt of the request after previously stating it would cease tobacco product sales.
Comments (16)
  • fuzzymc
    , contributor
    Comments (118) | Send Message
    The amount of tax $ collected on cigs, do you really want everyone to stop selling them??
    17 Mar, 09:33 AM Reply Like
  • SteveTheHawk
    , contributor
    Comments (1352) | Send Message
    Sure, no problem. Long as they also stop selling booze, candy, meat and toxic lawn chemicals. Long as we're being self-righteous and judgmental, we should do it right.
    17 Mar, 09:36 AM Reply Like
  • busterosodd
    , contributor
    Comments (36) | Send Message
    Perhaps the title should be: "State NAZI AGs hammer away at retail chains on tobacco"
    17 Mar, 09:52 AM Reply Like
  • wam350
    , contributor
    Comments (116) | Send Message
    I'm a non-smoker but feel this is just another over step by government into the private lives of citizens. The article doesn't say which states but shut down tobacco and open pot stores appears to be the trend.
    17 Mar, 10:11 AM Reply Like
  • Tom Armistead
    , contributor
    Comments (5365) | Send Message
    The sale of tobacco products is legal in the states involved. I fail to see where AG's pick up the right to in effect try to make it illegal. The states have legislators who can do that at any time, or for that matter cities could outlaw the sale of cigs if they want to.


    Serious overstepping of division of power here and it should be stopped before it gets out of hand.
    17 Mar, 09:52 AM Reply Like
  • factsmatter
    , contributor
    Comments (112) | Send Message
    For the most part, it is being used as a political platform to appeal to a certain slice of voters. Most of these guys have big political ambitions and are trying to follow in the path of former NY state Attorney General Eliot Spitzer who was able to channel his activism into a governorship.
    17 Mar, 11:22 AM Reply Like
  • kbabdb
    , contributor
    Comments (7) | Send Message
    They say, as they continue to subsidize tobacco farmers.... how can you be more two faced?
    17 Mar, 09:55 AM Reply Like
  • edhaven
    , contributor
    Comments (37) | Send Message
    A question for the state AG's.
    Has your legislature passed a law against the selling of tobacco products or are you on a personal crusade with taxpayers money?
    Just asking.
    17 Mar, 09:56 AM Reply Like
  • rheimerl
    , contributor
    Comments (374) | Send Message
    this is just crazy!...shows where this country is headed! and this is coming from a non-smoker!.....
    17 Mar, 10:01 AM Reply Like
  • sabresfan21
    , contributor
    Comments (164) | Send Message
    It is a bit hypocritical. You would never see a letter come from a governor or a legislature as they bank on revenue from taxes collected from cigarettes. AG's don't have to worry about balancing state budgets.


    Having said that, I support anything that would curtail the selling of cigarettes.
    17 Mar, 10:04 AM Reply Like
  • tampabay
    , contributor
    Comments (296) | Send Message
    let me don't smoke...
    17 Mar, 01:13 PM Reply Like
  • User 21357631
    , contributor
    Comment (1) | Send Message
    what about the second ammendmet
    17 Mar, 09:42 PM Reply Like
  • rennatus
    , contributor
    Comments (44) | Send Message
    Why no letters to 7/11 stores? Sheetz?
    Every time I go to tem AT LEAST on person in line buys cigarettes, when I go to drug store I have see maybe one person every 5 trips buying cigarettes.
    17 Mar, 10:07 AM Reply Like
  • Jbgoose
    , contributor
    Comments (1283) | Send Message
    Min wage at 10 bucks and a pack of smokes at 8.5-12 bucks should effectively knock the smokers percentages down more. Then e cigs, which should be allowed with a battery redesign because they use toxic and non child proof button batteries -should be allowed. Thus upcoming mergers in tobacco land and the two main manufacturing firms of e cigs themselves. A perfect example of a small basket to play, assuming you call it right. Don't they pay some farmers to not grow tobacco now, as well?
    17 Mar, 11:06 AM Reply Like
  • happo
    , contributor
    Comments (50) | Send Message
    Years back Canada enacted a substantial increase in its tobacco taxes. Within 3 years their revenue from tobacco decreased so much they removed the tax. Its prohibition all over and the answer will be the same, it won't work for very long.


    Pretty soon one non-complying retailer will be reaping thousands from selling tobacco, then the others who have stopped will cave in. Its called "herd mentality".
    17 Mar, 11:30 AM Reply Like
  • cjandshilo
    , contributor
    Comments (13) | Send Message
    Smoking Kill"s !!!! It says it on the side of every pack of cigaretts made in the USA. !!!!!!!
    You take it from There !!!!!!!!!!!!!!!
    March 17 , 2014
    Happy St. Patty"s Day,
    To One And All.
    17 Mar, 05:13 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector