Tobacco was the most profitable industry for U.S. stockholders over a 115-year span. But tobacco was also profitable for everyone - from raw material to retail. FARMERS Each fall, farmers supplied the leaf tobacco. How did they fare economically? Tobacco had the second highest profit per acre of any crop in the world. (Only a grove of an obscure exotic nut was higher.)
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HOW PROFITABLE WAS/IS TOBACCO?
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Tobacco was the most profitable industry for U.S. stockholders over a 115-year span. But tobacco was also profitable for everyone - from raw material to retail. FARMERS Each fall, farmers supplied the leaf tobacco. How did they fare economically? Tobacco had the second highest profit per acre of any crop in the world. (Only a grove of an obscure exotic nut was higher.)