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Margins and cash: Q1 gross margin was 55%, adjusted EBITDA was $25.9 million, and free cash flow was negative $27.4 million as investments and manufacturing CapEx weighed on cash flow

In the case of herbal cigarettes, we would still have to burn them, which would generate toxic waste such as tar, carbon monoxide, irritants, particulate matter, polycyclic aromatic compounds (like those observed with nicotine), which could cause similar damage to the respiratory tract, Dr Amit Kumar Mandal, senior director, pulmonology and critical care, at Paras Hospital, Panchkula, said

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In parallel, taxes on cigarettes and strict restrictions on the marketing of these products have played an important role. She added that Sweden is not there yet, noting that the proportion of smokers is higher in disadvantaged socio-economic groups