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Portfolio diversification across product categories was historically a way for tobacco companies to increase profits, pool resources, leverage relationships with retailers and expand into new consumer markets.1 Today, diversification is particularly critical to minimise profit loss amid a global decline in smoking and tightening cigarette regulations.2 Big Tobacco has heavily invested in the development Footnotes X @dannygiovenco Contributors DPG took primary responsibility for conceptualisation and writing

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Given the objectives and large scope of this review, it is not viable to undertake it using a structured methodological approach (ie, systematic or review)

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