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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

Vaping also exposes the lungs to a variety of chemicals, including those added to e-liquids, and other chemicals produced during the heating/vaporizing process

According to NSW Health data, the number of daily smokers in Sydneys wealthy north is the lowest in the state at 5.5%

One exception applies: Disposable lighters with less than four fluid ounces of fuel are allowed in carry-ons

Update: this story has been updated with a statement from The Campaign for Tobacco-Free Kids

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