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For the purpose of this discussion, we will focus on substances that are commonly referred to as gateway drugs: caffeine alcohol tobacco marijuana Caffeine Image 4.2 Hot Coffee in a White Mug Surrounded by Coffee Beans on a Wood Table History and Background Caffeine is a bitter substance that occurs naturally in more than 60 plants, including coffee beans, tea leaves, kola nuts (used to flavor soft-drink colas), and cacao pods (used to make chocolate products)

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[28, 29 ] Model Tobacco 21 policies recommend replacing PUP laws and any associated criminal penalties with a civil penalty structure

This does not hold when an investor sells the shares back to the company during share repurchase programs, as is frequently the case according Blitz and Swinkels (2020a)

Tobacco use dramatically increases the risk of many serious health problems, including both respiratory problems (like lung cancer, TB and COPD) and CVDs