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When buying a stock for the long haul, looking for long-term trends only makes sense. If people are starting to drink less Coke, then Coca-Cola (KO) is going to be considerably less attractive for the long haul. If people are switching from land phones to mobile phones, then investing in a company that focuses exclusively on those land phones is suddenly a pretty rough idea for the long haul.

When it comes to US tobacco investments like Altria (MO), what's the greatest long-term trend that is a huge risk? That people smoke less -- considerably less. And that's what we'll be analyzing here.

The Legal Risks Of Taxes And Regulations

Just recently, US tobacco companies had a huge victory in terms of free speech. The FDA tried to get them to put absurdly obnoxious "warning" labels on the packages to discourage the notion of tobacco being "cool" or something along those lines.

While regulations on smoking are disturbing from a personal liberty approach (I smoke cigars, and if they ban cigarettes, it's only a matter of time before cigars are impacted as well), it's even more disturbing from an investment approach. Here's a list of anti-tobacco moves and regulations that are getting worse by the decade:

Tobacco Taxes. A huge tax boom for tobacco has led to a historical drop in tobacco consumption. That's bad, but it's happening. Unavoidable. Over 3,000,000 fewer people smoke than in 2009... even though our population is larger. That's a huge, huge paradigm shift for tobacco investors.

Tobacco Bans. My state was one of the first to ban smoking in a public restaurant. I think it's a violation of choice (people who don't like smoke can just eat somewhere else). Either way, it's made it much more difficult for people to even regularly smoke in public. It's all part of a decades-long anti-smoking campaign that's finally paying dividends for the activists. Of course, the biggest risk is an outright ban. There's been a little chatter about it, but nothing substantial yet.

Tobacco Regulations. Regulations are getting stronger for tobacco, and they could continue to get stronger. Where you're allowed to smoke, what you're allowed to smoke, a ban on clove cigs -- it's all getting worse. And it'll probably keep getting worse.

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Khalid Abouzed and Matu Cooper chose to smoke cannabis instead of doing community work and dug themselves a deep hole while appearing before a no-nonsense judge. Both were sent to jail by Judge John McDonald who warned that those who breached community work should not expect any sympathy from the courts.

They appeared in the Whangarei District Court this week for a review of their sentences after breaching them. "You [Abouzed] and a large number of people like you think it's up to them when and if they do community work," Judge McDonald said.

"There are a large number of excuses dished out to judges day in, day out in Northland courts on why people can't do it. Community Corrections in Northland is to be commended for the effort it puts into getting people to do community work.'' Abouzed, 24, appeared on three breaches of community work after completing only 5 hours of the 120 hours imposed in October 2011 on two breaches and one charge of shoplifting.

"His girlfriend's father has kicked him out of the house because he's sick and tired of him lazing around and smoking cannabis. He won't have him back," the judge said.

Abouzed then interjected and said he didn't smoke cannabis anymore. "I don't believe that," Judge McDonald replied. He said an electronically-monitored home-based sentence, suggested by his lawyer, Melissa Russell, was hardly a punishment because all Abouzed would do was laze around, watch TV and sleep- something he'd already been doing rather than completing his community work.

The pre-sentence report recommended community detention and Ms Russell said the proposed address was suitable. Judge McDonald said the 3.7 hours Abouzed had completed by March this year was probably the time he spent on his induction at the Community Probation office.

He managed to do another two hours in April. Despite warning letters, laying of charges and being told that he would likely end up in jail, Judge McDonald said Abouzed did not get off the couch. He sentenced him to eight months' jail.

Cooper, 26, was sentenced to 40 hours' community work in May last year on charges of shoplifting and breach of bail. He completed only 8.25 hours. "You're a great danger to yourself and to others because of your underlying mental condition which has been aggravated by your drinking and cannabis use," Judge McDonald said. Since Cooper could not do community detention, home detention or community work, he sentenced him to four months in jail. "That might kick-start the road to overcome your addiction," he said.

SMOKERS in Worcestershire are being invited to join a national 28 day campaign to quit the habit this October. The Stoptober campaign is encouraging smokers to take part in the first ever mass quit attempt, starting on Monday, October 1.

The campaign is being launched by the Department of Health and backed by Cancer research UK and the British Heart Foundation. Dr Frances Howie, assistant director of public health for NHS Worcestershire, said: “After a fantastic summer of hearing inspirational athletes talk about setting goals and achieving them, here is a chance for smokers to achieve a personal best. Giving up smoking is the single most important thing you can do to improve your health and in the current financial climate it is probably the most important thing you can do to improve your finances too. Let’s make this the month that Worcestershire smokers come home with gold.”

NHS Worcestershire has launched a website to help support smokers attempting to give up, with information about Stoptober at stopsmokingworcestershire.nhs.uk as well as offering advice on where people can find their nearest stop smoking service, through the Healthy Lifestyles Hub on 01905 363909 The national campaign is also offering help at smokefree.nhs.uk/Stoptober , where people can sign up for the Stoptober app, and motivational text messages.

No smoking signs outside Dorset County Hospital are being ignored, forcing patients and visitors to walk through clouds of smoke and discarded cigarette butts. Speaking to DorsetEcho.co.uk, Elaine Cheeseman, from Weymouth, said that the scene outside the facility was "awful".

Ms Cheeseman was visiting a friend at the hospital and told the source that "it smells and looks disgusting". In 2006 smoking in the grounds of the hospital was banned, however it is reported that the rules are often being flouted.

"I'm an ex-smoker myself, and I know for a lot of people it's an everyday part of their life. Stopping is not just switching out a light, and I'm aware that if patients are facing illnesses, they may want to smoke. You can't deprive them of that," she added.

Ms Cheeseman told the newspaper that if smoking is not going to be controlled properly outside the hospital then cigarette and litter bins should be returned in order to tidy the area up. Letterkenny General Hospital has also introduced a ban on smoking anywhere in its grounds, with visitors and patients being told to use the pavement outside of the facility.

Smokers may get fewer hours of sleep and have a less restful slumber than non-smokers, a new study suggests. Viceroy Red cigarettes in packs and cartons. 12.99$ per 10 packs! German researchers found that of nearly 1,100 smokers they surveyed, 17 percent got less than six hours of sleep each night and 28 percent reported "disturbed" sleep quality. That compared with rates of seven percent and 19 percent, respectively, among more than 1,200 non-smokers.

The findings cannot prove that smoking directly impairs sleep. Smokers may have other habits that could affect their shut-eye - such as staying up late to watch TV or getting little exercise, said lead researcher Dr. Stefan Cohrs, of Charite Berlin medical school in Germany.

But there is also reason to believe smoking is to blame - namely, the stimulating effects of nicotine, Cohrs told Reuters Health in an email. There have also been studies showing that smokers' sleep improves after they quit the habit, according to Cohrs.

"If you smoke and you do suffer from sleep problems, it is another good reason to quit smoking," Cohrs said. Poor sleep quality may not only make your waking hours tougher: Some studies have also linked habitually poor sleep to health problems like obesity, diabetes and heart disease. The new study, which appears in the journal Addiction Biology, included 1,071 smokers and 1,243 non-smokers who were free of mental health disorders - since those conditions may make a person both more likely to smoke and more vulnerable to sleep problems.

The researchers used a standard questionnaire that gauges sleep quality. Overall, more than one-quarter of smokers had a score that landed them in the category of "disturbed" sleep. That means they had a "high probability" of having insomnia, according to Cohrs.

Many things can affect sleep quality. Cohrs' team was able to account for some of those factors, like age, weight and alcohol abuse. And smoking was still linked to poorer sleep quality. It's still possible there are other things about smokers that impair their sleep. But Cohrs thinks the most likely culprit is nicotine. Of course, there are already plenty of established reasons to kick the smoking habit. But the prospect of better sleep could offer people more motivation, Cohrs noted.

A potential smoking ban in Lansdale’s parks, pools and playgrounds is at least another month away. Borough staff members are working on a list of potential “Play Areas” where a ban could be implemented as soon as next month, as it continues a discussion about whether to ban or restrict smoking on all other borough properties, according to borough Manager Timi Kirchner.

“These are two very different ordinances that would have to be done, related to different areas of the borough,” she said. “Let your staff look into this, something as monumental as this - and it is monumental - because we are talking about a significant restriction on all of the lands that are owned by the borough,” Kirchner said.

A ban in borough parks was initially discussed, but voted down last month for further discussion, and Kirchner told several council committees Wednesday night that staff members are now looking into the feasibility of recommending to council smoking bans in two phases.

The first phase would be similar to the intent of the initiative originally discussed last month, and would eliminate smoking and other tobacco use outside of designated areas at borough playgrounds, pools and possibly parks - although staff members are now working to define “play areas” to clarify where that ban would be in place. “We felt that that was something that was very reasonable, and also doable.

Part of that, to me, is that it’s a no-brainer: there are young children at play” in those designated play areas, she said. Kirchner, borough Parks and Recreation Director Carl Saldutti, and council are working to identify those play areas and will present those they’ve identified when the parks committee meets in October, but will tackle that separately from a wider ban on all borough properties.

That second step was brought up at council’s August meeting by councilman Paul Clemente - who was absent from Wednesday night’s meetings - when he suggested that since the borough’s solicitor was preparing a park ban, why not look at writing a wider ban at the same time?

Kirchner told council Wednesday night that after staff discussion and deliberation, “there are no economies of scale” by trying to write both bans at once, but staff members have found new resources and new costs that could help with both steps.

A little city in the Matanuska-Susitna valley is looking to take on the big-city issue of whether to ban smoking. Smoking is already banned in Anchorage, Alaska's largest city, and in Juneau, the capitol. On Oct. 2, Palmer residents will vote on three ballot measures, one which will ban smoking in public places, including bars and restaurants.

“This is not a far-fetched idea, this is common sense,” said David Cheezem, owner of Fireside Books in Palmer and chair of Smoke-Free Palmer, the organization in charge of putting the ordinance on the ballot. Jenny Olendorff, co-chair of the Alaska Tobacco Control Alliance, said the Palmer ordinance, if enacted, would be one of the strongest in the state.

It's not the first time Palmer has looked at enacting a ban. In October of 2011, the city council narrowly voted down an ordinance 4-3 that would have banned smoking in the community. While Alaska has no statewide smoking ban, communities across the state have enacted local ones. Small coastal communities like Klawock and Unalaska have them. So does Nome, a town famous for its hard-partying, gold-rush past.

Palmer, just 40 miles north of Anchorage, is probably the one of largest communities in recent years to take the issue to vote. The town of about 6,000 people is perhaps better known for its ability to grow record-breaking vegetables. But Palmer has a bit of a wild side, too. While bars in Alaska's largest city close at 3 a.m. on the weekend, Palmer's stay open until 5 a.m.

That, coupled with the ability to enjoy a smoke during a night on the town, is enough for some Anchorage residents to make a trip to the Mat-Su. “I would say 10 percent of overall business are people coming out there so they can smoke,” said Christopher Cox, owner of Klondike Mike's Dance Hall. “They want to sit and smoke and drink. They just go together. It's like having a cheeseburger with French fries.”

While Palmer bar owners are concerned about Anchorage business, they're even more concerned about locals going elsewhere. The city of Palmer is geographically small, comprising a little more than 5 square miles. Only a few bars reside in city limits, and business owners worry that smoking customers will go elsewhere, sometimes just outside city limits.

“The only three places you can smoke is in the bars, so Palmer is already smoke-free, basically” Palmer Bar owner Mary Lou Coddington said. “I don't understand the reasoning behind (the ordinance).” Nearby Wasilla lacks a smoking ban. Complicating matters is the fact the Mat-Su Borough Assembly has no health powers and cannot enact a borough-wide ordinance. Borough spokeswoman Patty Sullivan said residents could vote to give the assembly health powers, but that would take a ballot proposition.

Trying to stop smoking? Smokers have considerably more success when they use nicotine patches or prescription medications than when they try to go it alone, an international study found. Past research has yielded conflicting evidence on the effectiveness of such aids since they seem to work in clinical trials, but less so in a real-life setting.

But the current researchers, whose findings appear in the journal Addiction, found that some quitting aids were linked to four-to-six-fold higher success rates. "Smokers in the United Kingdom, Canada, Australia and the United States are more likely to succeed in quit attempts when they use (drugs) or nicotine patch," wrote study leader Karin Kasza, a statistician at Roswell Park Cancer Institute in Buffalo, New York, and colleagues.

Kasza and her team surveyed more than 7,400 adult smokers in the United States, the Britain, Canada and Australia on their quit attempts, including whether they even remembered every time they resolved to give up kent cigarettes(more information about price and shipping here).

They then tracked these people to see how many had succeeded in staying smoke-free for at least six months. About 2,200 people used a prescription medication or nicotine replacement therapy, but the rest did not. Among those who used no medication to quit, five percent managed to stay smoke-free for six months.

In comparison, 18 percent of nicotine patch users, 15 percent of people who used buproprion - an antidepressant - and 19 percent of people who used a medication called varenicline stayed off cigarettes for six months. After taking into account factors that could affect people's success, such as how long and how heavily they had smoked, the researchers determined that buproprion and the nicotine patch were each tied to a four-fold increase in quitting success compared with those who used no medications, and varenicline to a nearly six-fold increase.

Eight percent of people who used oral nicotine replacement products, such as gum, stayed abstinent for six months. Overall, the researchers found, people who tried to quit without any aids were likely to be younger, have lower incomes, be less addicted to nicotine and have higher confidence in their ability to break the smoking habit than those who used aids.

The study does not prove that the medications are responsible for the greater success in quitting, merely that people who use them are more likely to quit. "The disappointing reality is that even when people use these medications to help them quit, relapse is still the norm. It's better than nothing, but it's by no means a magic bullet."

Citizens who enjoy a smoke in between innings at a Greer park may soon be out of luck. Greer has taken the first steps to banning tobacco use in city parks and within 25 feet of a city-owned recreation or park facility.

After a nearly hour-long debate, the ordinance passed its first reading 4-2. Council members Wayne Griffin, Kimberly Bookert, Judy Albert and Mayor Rick Danner voted for it, while Councilmen Jay Arrowood and Lee Dumas voted against. Councilman Wyley Bettis was absent.

Much of the debate centered on private property rights and setting an example for the children who use Greer’s parks. Arrowood is concerned about private property rights — that this ordinance would open the door for prohibiting tobacco use in other places, such as restaurants and other privately owned establishments.

“It’s going to be an assault on private businesses,” he said. “It’s going to be on assault on private property owners. I don’t believe in that.” Griffin, who noted he was a former smoker, said it doesn’t make sense to allow smoking in a place that emphasizes exercise. “You’re setting an example. … Children are watching,” he said. “They’re watching what you do.”

The question of whether to allow smoking in cars while in the park parking lots was asked. City Administrator Ed Driggers said there was “not an intent nor a directive that we’re going on knocking on windows that have smoke in them.” Arrowood said the ordinance would cost the city about $5,000 in signage alone. He questioned whether the ban was needed.

“We already have a policy in place. We don’t have a public outcry about it. Our director of parks and recreation said they’ve had no issues with this,” Arrowood said. “So we’re going to create an ordinance for a problem that doesn’t really exist.” The city has a departmental policy that is “pretty standard throughout the state in comparison with other agencies where we have designated smoking areas that are substantially far away from any play with children or adults,” said Ann Cunningham, Parks and Recreation director.

The e-cigarette, introduced as a less harmful alternative to smoking cigarettes, could still cause lung damage, claims new research. Researchers at the University of Athens have found there to be an immediate increase in airway resistance when using the product, lasting for 10 minutes. This allows less oxygen to be absorbed by the blood.

It is believed there are 650,000 smokers who use the inhalers as a substitute to help combat smoking, with 2 million Brits trying an e-cigarette at least once. Appearing a cross between a pen and a cigarette, the device delivers nicotine through vapour rather than smoke. Although there is no combustion, the nicotine is still derived from tobacco.

In a statement, one of the study’s authors, professor Christina Gratziou, said, ‘We do not yet know whether unapproved nicotine delivery products, such as e-cigarettes, are safer than normal cigarettes(like Kiss cigarettes, click here for more details), despite marketing claims that they are less harmful.

‘We found an immediate rise in airway resistance in our group of participants, which suggests e-cigarettes can cause immediate harm after smoking the device. ‘More research is needed to understand whether this harm also has lasting effects in the long-term.’ The findings were presented at the European Respiratory Society's Annual Congress in Vienna.

Exercise can reduce cigarette cravings for a little while, claims a study in the British research journal Addiction. Reuters Health says the study “combined the data from 19 previous clinical trials and found that a bout of exercise generally helped hopeful quitters reduce their nicotine cravings.” It’s not clear whether that also boosted chances of quitting.

It’s also not clear why it works. Head researcher Adrian Taylor is quoted as saying that the activity might boost your mood, or maybe exercise is simply a good distraction. Whatever the cause, the result was less interest in smoking after a walk or bike ride.

Nobody in a quit-smoking program or using products to help quit was included in the study, so its benefits for those people are unclear. But it might help smokers spend less on cigarettes. Find other ideas in 6 Ways to Save on Cigarettes.

Most of us are familiar of the effects of second hand smoke. But what about third hand smoke? The new term is raising concerns among health officials and the dangers of the third hand smoke are becoming more apparent.

Sanford Tobacco Education specialist Jay Taylor says third hand smoke may seem like a new term but the effects of it are clear. Jay Taylor, Sanford Tobacco Education Coordinator: “Any exposure to tobacco smoke in any form is bad, the third hand is a little slower to react.” Third hand smoke is the tobacco residue from cigarettes, cigars, and other tobacco products that is left behind after smoking. This residue mixes with the Nitrous Acid in the atmosphere, and turns it into a toxin.

Taylor: “Nitrosamines are the most potent cancer causing chemicals in the world they are number one.” Taylor recommends putting on a coat or a smoking jacket when you come outside to smoke and taking it off and leaving it outside once you're done.

Taylor: “If mom or dad goes outside to smoke, and going outside to smoke is no guarantee it's safe, those chemicals then adhere to their clothing, if they come back in the house, and pick up baby, baby get a dose.” Fargo Cass Public Health Community Health Educator Holly Scott says tobacco residue builds up on surfaces and furnishings like car upholstery, your hair, your clothes, basically everything.

Holly Scott, Fargo Cass Public Health Community Educator: “Curtains, upholstery on furniture, carpeting. You know even children’s toys, like a plastic ball, a teddy bear, a blanket.” Scott says the best way to avoid any dangers of smoke is to quit, but if not you should try smoking outdoors because the air is less concentrated.

Scott: “You're still going to have that residual, some of those residual toxins that just get stuck there. They actually become sticky and they get imbedded or they cling to clothing, hair, even skin.” Although the effects of third hand smoke right away, both Taylor and Scott say if you can smell it, you're being exposed to third hand smoke. Third hand smoke has been shown to cause problems with asthma and ear infections in children.

A challenge by two of the nation's largest cigarette makers alleging conflicts of interest in the Food and Drug Administration advisory panel's review of tobacco products can move forward, a federal judge has ruled. In an order posted Wednesday, U.S. District Court Judge Richard Leon in Washington denied the FDA's motion to dismiss the suit filed by Lorillard Inc. and R.J. Reynolds Tobacco Co. The suit filed last year alleges financial conflict of interest and bias by several members of the Tobacco Products Scientific Advisory Committee and asks the court to stop the federal agency from relying on the panel's recommendations.

The panel is tasked with advising the FDA on tobacco-related issues, including the public health impact of menthol cigarettes and dissolvable tobacco, two industry growth areas. "Because of the limited number of viewpoints on these issues, the scientific — as opposed to political — nature of those viewpoints, and the distinct responsibilities of the committee, I believe I have sufficient standards which I can evaluate the agency's discretion," Leon wrote in his order.

Representatives for the FDA and R.J. Reynolds would not comment on pending litigation. In a statement, Lorillard said: "The practice of appointing members to a government scientific advisory committee who have financial interests that violate conflict-of-interest laws and regulations should be subject to judicial review, as the court has now recognized."

The FDA won the authority to regulate tobacco in 2009. The law doesn't let the FDA ban nicotine or tobacco, just regulate what goes into tobacco products, require the ingredients be publicized and limit how tobacco is marketed, especially to young people. The agency's panels advise it on scientific issues. It doesn't have to follow their recommendations, but usually does.

In the suit, the tobacco companies allege that the panel fails to meet the federal requirements that committee members should be fairly balanced and not inappropriately influenced by any special interest. The suit specifically alleges that some committee members have conflicts of interest because they were paid expert witnesses in anti-tobacco lawsuits and have financial ties to pharmaceutical companies that make smoking-cessation products.

The agency, however, argued that the panel meets federal standards and that the cigarette makers' "alleged injuries are entirely speculative," and "not fairly traceable." The FDA also argued that the court lacks jurisdiction to review the conflict of interest challenged raised by the companies. Several cigarette makers, including Altria Group Inc., parent company of Philip Morris USA, had previously asked the federal agency to remove members of the panel for conflicts of interest. Altria is not part of the suit.

Lorillard, based in Greensboro, N.C., holds about 35 percent of the U.S menthol market with its top-selling Newport brand. R.J. Reynolds and its parent company, Reynolds American Inc., based in Winston-Salem, N.C., sell brands like Camel and Pall Mall, as well as several dissolvable tobacco products — finely milled tobacco pressed into shapes like tablets that slowly dissolve in a user's mouth. Vince Willmore, a spokesman for the Campaign for Tobacco-Free Kids, said the suit is an effort by the tobacco companies to "obstruct effective policies to reduce tobacco use and to discredit anyone who advocates such policies."

The suit comes amid two advisory panel reports mandated by the law that gave the FDA authority to regulate the tobacco industry. A panel report issued last March said removing menthol cigarettes from the market would benefit public health because the flavoring has led to an increase in smokers — particularly among teens, African Americans, and those with low incomes. It also said that they make it harder for them to quit. The report, however, said menthol smokers are not likely to be at a higher risk of disease or exposed to a greater number of toxins. The FDA is conducting an independent review on the issue.

In a report earlier this year, the panel said that dissolvable tobacco products could reduce health risks compared with smoking cigarettes but also could increase the overall number of tobacco users. Dissolvable tobacco products are gaining the attention of tobacco companies looking to make up for a decline in cigarette use as smokers face tax hikes, growing health concerns, smoking bans and social stigma.

TWO men have been arrested following the seizure of almost seven tonnes of tobacco, discovered in a container near Louth. The arrests were made following an investigation by HM Revenue and Customs which discovered the haul in 27 boxes at a storage facility on Wednesday 18 July. One man was arrested at the scene on Wednesday, July 18 and another at a residential address in Cleethorpes the following day. The revenue evaded on this quantity of tobacco is around £1.1 million.

It is estimated that the seizure weighs 6.75 tonnes – 27 boxes weighing 250 kilos. The men were arrested on suspicion of being knowingly concerned in the fraudulent evasion of excise duty chargeable on tobacco.

They are a 66-year-old man arrested near Louth and a 52-year-old man who was arrested in Cleethorpes. HM Revenue and Customs spokesman Peter Hollier said: "The tobacco was hidden in a storage facility. Our investigators now have to determine how it got there. This type of crime undercuts legitimate retailers and costs the UK economy around £2billion a year.

Josh Hamilton is dealing with an addiction issue, but it's not what most people will think. CBSSports.com reported Friday that Hamilton's “personal issue” is not injury-related, but rather he's struggling in his most recent failed attempt to quit chewing tobacco.

Hamilton was 2-for-6 with four RBIs in Thursday's game, the latest sign he's coming out of a slump that lasted the month of July. He's batting .283 with 29 home runs and 84 RBIs entering Friday's series opener against the Royals despite a .177 batting average in July.