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Cost Sensitivity and Restricted Rural Reach: While premium consumers in city areas are embracing HTPs, the typical cost of devices and cartridges is still elevated for middle- and lower-income groups

In such cases, preemptive state laws set a ceiling, rather than a floor, and do not allow local authorities to enact strong local laws

So if BAT's earnings continue to grow, and if its debts remain flat or (preferably) decline somewhat, its debt ratio would become more acceptable within a handful of years

Do I like this one though

Davidoff built this line as a deliberate step up in intensity from the Zino Nicaragua, and in the Robusto format that intention comes through clearly