The cigar industry has been seeing a lot of price increases due to tariffs, shipping costs, and other unavoidable reasons. The latest price increase coming from Drew Estate is due to the tariffs.
Drew Estate will be increasing their prices by 5-25 cents per SKU. Essentially, this means that your favorite Drew Estate Cigar could go up by a nickel or a quarter. In the grand scheme of things it doesn't seem like a lot, but those few cents can add up quickly. When buying your cigars, just be mindful of what cigars have increased prices, and buy accordingly.
Louisiana has increased a tax cap on cigars. This new bill will make cigars easier to buy for locals and tourists alike. This tax cap will have three tiers to it. Cigars priced at 12 cents or less will be taxed no more than 8 percent. Cigars priced between 12 cents and $2.50 will be taxed at no more than 20 percent. Cigars priced over $2.50 will be taxed no more than 50 cents. This new tax cap will take effect in 2026, and make the cigar industry in Louisiana more approachable and inclusive.
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