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Increasing the price of tobacco causes cannabis use to increase significantly

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One-Year Price Performance Industry's Current Valuation On the basis of forward 12-month price-to-earnings (P/E), which is commonly used for valuing consumer staple stocks, the industry is currently trading at 15.52X compared with the S&P 500s 21.65X and the sectors 16.94X

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Otherwise, if the company's confidence in its future earning power weakens, then management may not have the financial resources needed to hit its long-term leverage ratio target of 3.0 without taking a hard look at reducing the dividend