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Nationally, the rate was 5.7%.2 Economics of tobacco use and tobacco control Massachusetts cigarette tax Massachusetts received $793.9 million (estimated) in revenue from tobacco settlement payments and taxes in fiscal year 2021.4 Of this, the state allocated $5.1 million in state funds to tobacco prevention in fiscal year 2021, 7.7% of the Centers for Disease Control and Preventions annual spending target.4 Smoking-caused health care costs: $4.08 billion per year.4 Smoking-caused losses in productivity: $2.40 billion per year.5 Massachusetts tobacco laws Massachusetts smoking laws Tobacco taxes Massachusetts is ranked 6th in the U.S
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Its first early-stage venture fund was $30 million, and it is now raising a second expected to reach $50 million, according to people familiar with the matter
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