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As of December 2021, the state took in $51.3 million from alcohol taxes and $74.2 million from cannabis at the halfway point of the fiscal year

For the first quarter, the company posted net revenues of $10.1 billion, up 9.1% year-over-year (2.7% organically)

20, but there was initially no mandate on when the law would become effective

Perhaps the most significant change occurred with the passage of the Family Smoking Prevention and Tobacco Control Act (TCA) signed by President Obama in 2009

Because, mind you, its not about reducing debt: its about having more cash available to keep up the buyback program while reducing debt anyway with the cash flow from regular business operations