Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Advanced Container Technologies Inc. (ACTX) Message Board

420 with CNW — Study Says Tobacco Use is Declini

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 527
(Total Views: 158)
Posted On: 05/23/2023 6:08:32 PM
Avatar
Posted By: NetworkNewsWire
420 with CNW — Study Says Tobacco Use is Declining in States with Legal Marijuana Markets

A recent study has found that state-level marijuana policies are largely linked to modest, sporadic, longer-term declines in tobacco use among adults. The implementation of state recreational cannabis laws (RMLs) did, according to the research, result in a small increase in adult marijuana usage of between 2% to 4%, depending on the source of data. However, tobacco use did not follow this pattern.

The results were published last month in the “Journal of Health Economics” by researchers from Bentley, Georgia State and San Diego State universities. They noted the study was the first to thoroughly investigate how legalizing marijuana for recreational use will affect tobacco usage. The researchers used data from the Population Assessment of Tobacco and Health (PATH) and the National Survey on Drug Use and Health (NSDUH).

The study found that cigarette smoking rates had significantly decreased since the first report in 1964, with male adult rates falling from 55% to 16% and female rates falling from 35% to 12%. The study notes that there is considerable disagreement over the reasons for these declines, but the majority of public health professionals advocate for maintaining the improvements.

The study’s authors agree that their examination of the NSDUH data reveals that legalization results in a (mostly) statistically negligible decrease of 0.5 to 0.7 percentage points in tobacco usage, which includes cigars, smokeless tobacco, pipe tobacco and cigarettes. RMLs have minor, laggardly tobacco effects that are concealed by this null effect, however. “We observed that adult tobacco usage decreases by roughly 1.4% to 2.7% three or more years after the establishment of an RML,” the authors said.

The study also looked at states that legalized marijuana earlier than others to make sure. The findings, it claims, offer some evidence in favor of the theory that tobacco usage decreased in several of the first-to-adopt states, particularly in Washington and Colorado, which also experienced the biggest increases in marijuana use after RML was passed.

According to the researchers, the decline in tobacco use in states where it is legal is mainly concentrated where recreational cannabis dispensaries are permitted as well as where the population of men is higher. They claim that these results are in line with the theory that some adults may substitute tobacco for recreational cannabis and vice versa.

Ultimately, the authors concluded that the study’s projections point to a drop in smoking prevalence of up to 5 million individuals, which would result in annual savings of $10 billion in healthcare costs associated with tobacco use.

These studies that highlight some of the additional societal benefits of cannabis legalization help to change perceptions about this plant. As attitudes change, business opportunities keep increasing for not only “cannabis-touching” companies but also ancillary ones such as Advanced Container Technologies Inc. (OTC: ACTX).

NOTE TO INVESTORS: The latest news and updates relating to Advanced Container Technologies Inc. (OTC: ACTX) are available in the company’s newsroom at https://cnw.fm/ACTX

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer



(0)
(0)




Advanced Container Technologies Inc. (ACTX) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us