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This equates to a total of 200 cigarettes per carton

From timeless classics that have stood the test of time to innovative newcomers pushing the boundaries of taste and experience, well explore the brands that have captivated the hearts and minds of smokers across the country

While tech giants like Apple (with intangible assets of $2.7 trillion) and Microsoft ($2.3 trillion) continued to lead the pack in the 2023 analysis, last years most intangible sector in relative terms, with 91 percent of total enterprise value, was tobacco and e-cigarettes, as companies invested heavily in proprietary technology and patented intellectual property around vaping devices to drive growth, according to Brand Finance