What Is Philip Morris International Smoking? CEO Calls for Banning Cigarettes Within a Decade
When even the biggest tobacco giant says its products should be banned, why should any governments hesitate? The answer is, they probably won't -- and Philip Morris International (NYSE: PM) may regret calling on the U.K.'s government to ban cigarettes in 10 years.
It may be trying to prove it's serious about wanting to usher in a smoke-free future, in which it's actually a healthcare company and not a maker of products that kill people. But just because it's not ready to go cold turkey yet doesn't mean the U.K.'s Parliament needs to abide by PMI's timeline.
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Source Fool.com