SOURCE: Paragon Financial Limited

Paragon Financial Limited

January 10, 2012 08:20 ET

Star Scientific and Reynolds American Poised to Benefit from E-Cigarette Scrutiny

The Paragon Report Provides Equity Research on Star Scientific & Reynolds American

NEW YORK, NY--(Marketwire - Jan 10, 2012) - With the start of a New Year, the tobacco industry is once again looking for alternative revenue drivers to cigarettes, which continue to fall out of favor with the general public. The Paragon Report examines investing opportunities in the tobacco industry and provides equity research on Star Scientific, Inc. (NASDAQ: CIGX) and Reynolds American, Inc. (NYSE: RAI). Access to the full company reports can be found at:

One of the latest reasons for the downturn of cigarettes had been the rising popularity of the electronic cigarette (e-cigarette). However, a new study finds electronic, or e-cigarettes, may not be as safe as advertised. In a new study in the medical journal "Chest," found participants who used the electronic cigarettes showed restricted airways and inflammation after only five minutes.

The study did not examine what the long-term effects of using e-cigarettes could be, and the lead researcher called for more studies into this.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the tobacco industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

According to recent data published by the Commissioner for the Tobacco Market in value, the sale of cigarettes between January and November 2011 stood at 10,357.8 million euros. According to the report, cigarette sales fell by 17.1% between January and November 2011, reaching 2762.9 billion packs, while the sale of snuff pipe rose 287% -- up to 1.24 million kilos.

The data says that Marlboro and Philip Morris top the list with a volume market share with 13.14% in volume, the sale of snuff up 6.6%, up to 6.54 million kilos, valued at more than 581.3 million euros, representing a 32% increase.

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