COLUMBIA, SC (WIS) - The world’s leading cigarette manufacturer, Phillip Morris International, the parent company of Marlboro, says they are going to phase out tobacco cigarettes.
In a recently-released statement, the company says they hope that smoke-free products will one day replace cigarettes.
“We will be far more than a leading cigarette company. We’re building PMI’s future on smoke-free products that are a much better choice than cigarette smoking,” the company said in a news release. "Indeed, our vision – for all of us at PMI – is that these products will one day replace cigarettes.
There’s been no time table issued for when this phasing out will be completed.
“In changing times you can always choose to do nothing,” the release said. “Instead, we’ve set a new course for the company. We’ve chosen to do something really big.”
You can read the full statement here.
According to a WalletHub study published on Jan. 9, South Carolina ranks fifth in the nation in costs over a lifetime in buying cigarettes. You can read their entire study here.