The cost of the Padilla Finest Hour line will be getting a bit more expensive in the new year.
Ernesto Padilla confirmed to halfwheel that the line will be increasing by 25 cents per cigar as of January, but it will be the only line in his portfolio to see an increase, which means it will not affect the Padilla Miami or 1932 lines. He attributed the increase to rising costs of tobacco as well as expenses related to making sure all of the company’s predicate blends, as well as some yet-to-be-released blends, are compliant with FDA regulations.
In August, Padilla announced that production of the line was being moved from an undisclosed factory in Honduras to Tabacalera AJ Fernandez Cigars de Nicaragua S.A.
It is the first price increase for the Finest Hour line since it was released in January 2019. The Padilla Finest Hour is offered in three blends, Finest Hour Oscuro, Finest Hour Habano and Finest Hour Connecticut. Each of the lines consists of the same three sizes, a 5 x 52 robusto, 6 x 52 toro and a 6 x 60 double toro, all packaged in 20-count boxes.
The Padilla Finest Hour will now be priced at $7.75-$9.15 per cigar, before taxes.
The following chart is a live look at what companies have announced price increases or no price increase for 2021.
|Black Label Trading Co.||No|
|General Cigar Co.||Yes|
|Jas Sum Kral||No|
|JRE Tobacco Co.||Yes|
|La Galera/Indianhead Tobacco||No|
|Miami Cigar & Co.||No|
|Mombacho Cigars S.A.||No|
|Pure Aroma Cigars/D'Crossier||No|
|RoMa Craft Tobac||No|
|Sans Pareil/La Instructora||No|