C-store industry economic findings say flavor ban would hurt retailers, kill 1,200 jobs and cost the state $3.4 billion in lost revenue over next decade.
Outlawing the sale of flavored tobacco products for adults — such as cherry pipe tobacco and menthol cigarettes — would deepen New York State’s budget hole, threaten the survival of thousands of mom-and-pop retailers, and place the jobs of frontline workers at these businesses at risk.
That’s the conclusion of an economic study performed by Regional Economic Models Inc. (REMI) for the New York Association of Convenience Stores (NYACS). REMI estimated the proposed action would cost the state $3.4 billion in tax revenue over the next decade, cost shop owners nearly $500 million annually in lost sales, and eliminate 1,200 jobs in retail and related industries.
Legislation has been introduced in the New York State Senate and State Assembly that would bar New York’s 21,000 licensed tobacco outlets from selling flavored tobacco products to age-verified customers. A law that took effect July 1, 2020, already prohibits them from selling flavored vaping products. New York City additionally bans the sale of flavored non-cigarette tobacco products.
“As convenience stores struggle to