Southern Draw Cigars has announced that it will be implementing a price increase on its three premium lines, Kudzu, Firethorn, and Rose of Sharon. Each will go an average of five percent over their current prices.
“This is the first price increase by Southern Draw Cigars since the FDA deeming regulations were announced in May 2016, and hopefully it will be the last associated with these unfortunate realities of added costs,” said Robert Holt, founder of Southern Draw Cigars, via a press release. “An average of five percent is modest, especially in the face of today’s accelerating costs due to user fees, legal fees, increased demand on human resources and general inflationary pressures associated with the production, packaging and distribution of these premium blends,” he said.
The increase will go into effect on July 12, but will not affect backorders, pre-orders, or previously agreed upon specials of current inventory.
The company’s QuickDraw line will not be affected by this increase, as the company wants to maintain the price of the value-oriented line, which ranges from $5-$6. The