The phrase "cigarette companies" refers to businesses that produce and sell cigarettes, which are small sticks filled with tobacco that people smoke. Full definition
I would also add that it would be easier for cigarette companies to create different type of cigarette. (politics.stackexchange.com)
The attacks on the science of global warming are reminiscent of the well - documented resistance by cigarette companies to scientific findings on the dangers of smoking. (nybooks.com)
Adding in the company's 5 % + dividend yield gives investors an expected total return of 13 % to 15 %; not bad for a boring cigarette company. (passiveincomemavericks.com)