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High School Students Lowest in 22 Years Percentage of high school students who smoke 1991: 27.5 1993: 30.5 1995: 34.8 1997: 36.4 1999: 34.8 2001: 28.5 2003: 21.9 2005: 23.0 2007: 20.0 2009: 19.5 2011: 18.1 2013: 15.7 Source: National Youth Risk Behavior Surveys, 1991-2013 More Than a Quarter-Million Youth Who Had Never Smoked a Cigarette Used E-Cigarettes in 2013 In 2013, more than a quarter million middle school and high school students never smoked regular cigarettes but had used e-cigarettes three times as many as 2011

Whether made from Broadleaf, Habano, or San Andrs tobacco, the Maduros signature dark hue comes from careful fermentationnot additives

Mike Zamore at the American Civil Liberties Union

However, most recently the FDA, in its latest crackdown on e-cigarettes, said that it "won't tolerate a whole generation of young people becoming addicted to nicotine as a trade-off for enabling adults to have unfettered access to these same products." This suggests that the FDA doesn't just see its role as waging an all-out war to kill traditional tobacco products in the U.S., but is outright trying to eliminate nicotine addiction entirely

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The calculation of adjusted net debt to adjusted EBITDA is provided on page 59