STATE: Michigan smoking rates decline; CVS stops selling tobacco
The decision by the CVS drugstore chain to stop selling tobacco products effective Sept. 3 in its 7,700 stores nationwide — and more than 240 in Michigan — is a move expected to cost it $2 billion in revenue.
But that’s a drop in the bucket compared to the $96 billion that the Centers for Disease Control in Atlanta estimates the health care costs of smoking to be nationally.
“Tobacco products have no place in a setting where health care is delivered,” CVS President and CEO Larry Merlo said in February to announce the company’s new policy. “Banning tobacco products from our stores is the right thing to do.”
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