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If policymakers wish to tax e-cigarettes less than combustibles, forceful policy actionalmost certainly through excise taxationmust raise the price of combustible cigarettes beyond the price of using e-cigarettes, Liber and his team concluded

(See notes below) Manufacturing times for this option vary more around busier times of the year or during extreme circumstances such as covid-19 shutdowns

For a pack-a-day smoker, the per-stick cost of IQOS ILUMA sits close to what you would spend on a mid-range cigarette brand in Dubai
The back side of the pack still has the trademark legend, which explains why the series is called Fine Cut

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