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Montana Minimum Price List Effective Month 02/01/18 The classification of little cigars as cigarettes affects only their taxation and Montana Youth Access Laws. Little cigars classified as cigarettes are not required to have a minimum price. You may only sell the cigarettes listed on the DOJ approved brands list on: http://dojmt.gov/consumer/tobacco-sales-and-directory--settlement/ Note: The Wholesale and Retail Minimum Prices are calculated on the List Price of cigarettes reported to the Department by the Manufacturers BEFORE any approved adjustments for promotions or discounts. Wholesalers and Retailers who contract with Manufacturers may receive approved promotions or buy-downs that result in an advertised sales price, which is lower that the minimum wholesale or retail

Manufacturer's Wholesale's Retail's Min PM Manufacturer Brand Family Sales Price Sales Price Sales Price NPM $/Carton $/Carton $/Cartn / $/Pack

PM Manufacturing, Inc. 1839 $23.95 $43.30 $47.64 / $4.77 NPM Xcaliber International Ltd LLC 24/7 $20.40 $39.55 $43.51 / $4.36 PM King-Maker Marketing Inc Ace $19.79 $38.91 $42.80 / $4.28 NPM Native Trading Associates All Natural Native $14.10 $32.89 $36.18 / $3.62 NPM Cheyenne International, LLC Aura $30.60 $50.34 $55.38 / $5.54 PM Farmer’s Tobacco Company of Cynthiana, BaronInc. American Blend $21.90 $41.14 $45.26 / $4.53 PM Philip Morris USA, Inc. $45.04 $65.61 $72.17 / $7.22 PM Philp Morris USA, Inc. Benson & Hedges $56.20 $77.41 $85.15 / $8.52 PM Philp Morris USA, Inc. Benson & Hedges (King) $62.55 $84.12 $92.54 / $9.26 NPM Xcaliber International Ltd LLC Berley $17.95 $36.96 $40.66 / $4.07 PM Sherman's 1400 Broadway NYC Ltd. Black & Gold $60.00 $81.43 $89.58 / $8.96 PM Philp Morris USA, Inc. $51.63 $72.58 $79.84 / $7.99 PM R.J. Reynolds Tobacco Company $45.64 $66.24 $72.87 / $7.29 PM R.J. Reynolds Tobacco Company Camel (Non-Filter) $58.88 $80.24 $88.27 / $8.83 PM R.J. Reynolds Tobacco Company $58.88 $80.24 $88.27 / $8.83 PM R.J. Reynolds Tobacco Company Carlton $58.88 $80.24 $88.27 / $8.83 NPM KT&G Corporation Carnival $21.60 $40.82 $44.91 / $4.50 PM King-Maker Marketing, Inc. Checkers $19.79 $38.91 $42.80 / $4.28 PM Philp Morris USA, Inc. $56.20 $77.41 $85.15 / $8.52 NPM Cheyenne International, LLC Cheyenne $21.57 $40.79 $44.87 / $4.49 PM Sherman's 1400 Broadway NYC LLC Cigarettellos (Non-Filter) $60.00 $81.43 $89.58 / $8.96 PM Sherman's 1400 Broadway NYC LLC Classic $60.00 $81.43 $89.58 / $8.96 PM Philp Morris USA, Inc. Commander $55.30 $76.46 $84.11 / $8.42 NPM Grand River Enterprises Couture $22.38 $41.64 $45.81 / $4.59 PM Commonwealth Brands Inc Crowns $27.05 $46.58 $51.25 / $5.13 PM Philp Morris USA, Inc. Dave’s $51.63 $72.58 $79.84 / $7.99 NPM Cheyenne International, LLC Decade $20.01 $39.14 $43.06 / $4.31 PM R.J. Reynolds Tobacco Company $41.64 $62.01 $68.22 / $6.83 PM R.J. Reynolds Tobacco Company $56.38 $77.60 $85.36 / $8.54 PM Vector Tobacco, Inc. Eagle 20s $24.75 $44.15 $48.57 / $4.86 NPM Xcaliber International Ltd LLC Echo $26.70 $46.21 $50.84 / $5.09 PM R.J. Reynolds Tobacco Company $58.88 $80.24 $88.27 / $8.83 NPM Xcaliber International Ltd LLC Edgefield $18.95 $38.02 $41.82 / $4.19 PM Philp Morris USA, Inc. English Ovals $61.65 $83.17 $91.49 / $9.15

Any questions? please contact Wendy Peterson at DOR Min Price 2016 (406) 444-0723, by fax 444-7997, or e-mail [email protected] Page 1 of 3 Manufacturer's Wholesale's Retail's Min PM Manufacturer Brand Family Sales Price Sales Price Sales Price NPM $/Carton $/Carton $/Cartn / $/Pack

PM Liggett Group LLC Eve $39.59 $59.84 $65.83 / $6.59 PM JTI U.S.A., Inc. Export 'A' $48.50 $69.27 $76.20 / $7.62 PM Sherman's 1400 Broadway NYC LLC Fantasia $60.00 $81.43 $89.58 / $8.96 PM Commonwealth Brands Inc Fortuna $30.14 $49.85 $54.84 / $5.49 PM King-Maker Marketing Inc Gold Crest $19.29 $38.38 $42.22 / $4.23 PM Konci G&D Management (USA), Inc. Golden Deer $39.64 $59.90 $65.89 / $6.59 PM R.J. Reynolds Tobacco Company GPC $45.22 $65.80 $72.38 / $7.24 PM Liggett Group LLC Grand Prix $34.19 $54.13 $59.55 / $5.96 PM Sherman's 1400 Broadway NYC LLC Havana Ovals $60.00 $81.43 $89.58 / $8.96 PM Sherman's 1400 Broadway NYC LLC Hint Menthol $60.00 $81.43 $89.58 / $8.96 PM King-Maker Marketing Inc Hi-Val $19.29 $38.38 $42.22 / $4.23 PM R.J. Reynolds Tobacco Company Kamel Red $45.64 $66.24 $72.87 / $7.29 PM R.J. Reynolds Tobacco Company $51.84 $72.80 $80.08 / $8.01 NPM King Mountain Tobacco Company, Inc. King Mountain $23.50 $42.83 $47.12 / $4.72 PM ITG Brands, LLC $45.64 $66.24 $72.87 / $7.29 PM Philp Morris USA, Inc. L&M $41.64 $62.01 $68.22 / $6.83 PM Philp Morris USA, Inc. $56.20 $77.41 $85.15 / $8.52 PM JTI U.S.A., Inc. LD by L.Ducat $22.75 $42.04 $46.24 / $4.63 PM Liggett Group LLC Liggett Select $37.14 $57.25 $62.98 / $6.30 PM R.J. Reynolds Tobacco Company (Non-Filter) $58.88 $80.24 $88.27 / $8.83 PM Philp Morris USA, Inc. $45.64 $66.24 $72.87 / $7.29 PM Philp Morris USA, Inc. Marlboro Craft Blends $45.44 $66.03 $72.64 / $7.27 PM ITG Brands, LLC 100s $33.29 $53.18 $58.50 / $5.85 PM Sherman's 1400 Broadway NYC LLC MCD $60.00 $81.43 $89.58 / $8.96 PM Philp Morris USA, Inc. $56.20 $77.41 $85.15 / $8.52 PM R.J. Reynolds Tobacco Company Misty $39.32 $59.56 $65.52 / $6.56 NPM Native Trading Associates Mohawk $14.10 $32.89 $36.18 / $3.62 PM R.J. Reynolds Tobacco Company Monarch $39.32 $59.56 $65.52 / $6.56 PM Commonwealth Brands Inc Montclair $26.15 $45.63 $50.20 / $5.02 PM R.J. Reynolds Tobacco Company $58.88 $80.24 $88.27 / $8.83 NPM Native Trading Associates Native $14.10 $32.89 $36.18 / $3.62 PM Santa Fe Natural Tobacco Company, Inc. $50.33 $71.20 $78.33 / $7.84 PM Sherman's 1400 Broadway NYC LLC Naturals $59.20 $80.58 $88.64 / $8.87 PM Sherman's 1400 Broadway NYC LLC Naturals King $44.20 $64.72 $71.20 / $7.12 PM Sherman's 1400 Broadway NYC LLC New York Cut $49.44 $70.26 $77.29 / $7.73 PM R.J. Reynolds Tobacco Company Menthol $49.94 $70.79 $77.87 / $7.79 PM R.J. Reynolds Tobacco Company Newport Non-Menthol $49.94 $70.79 $77.87 / $7.79 PM R.J. Reynolds Tobacco Company Now $58.88 $80.24 $88.27 / $8.83 PM R.J. Reynolds Tobacco Company $36.44 $56.51 $62.17 / $6.22 NPM Grand River Enterprises Opal $14.10 $32.89 $36.18 / $3.62 PM Sherman's 1400 Broadway NYC LLC Originals Select $60.00 $81.43 $89.58 / $8.96

Any questions? please contact Wendy Peterson at DOR Min Price 2016 (406) 444-0723, by fax 444-7997, or e-mail [email protected] Page 2 of 3 Manufacturer's Wholesale's Retail's Min PM Manufacturer Brand Family Sales Price Sales Price Sales Price NPM $/Carton $/Carton $/Cartn / $/Pack

PM Tabacalera del este S.A. (TABESA) Palermo $51.30 $72.23 $79.46 / $7.95 PM R.J. Reynolds Tobacco Company $41.64 $62.01 $68.22 / $6.83 PM R.J. Reynolds Tobacco Company Pall Mall Non-Filter $58.88 $80.24 $88.27 / $8.83 PM Philp Morris USA, Inc. $49.34 $70.15 $77.18 / $7.72 PM Philp Morris USA, Inc. Players $56.20 $77.41 $85.15 / $8.52 PM Imperial Tobacco Ltd, Player's Rich $24.25 $43.62 $47.99 / $4.80 PM Liggett Group LLC Pyramid $30.65 $50.39 $55.43 / $5.55 PM Commonwealth Brands Inc. Rave $30.14 $49.85 $54.84 / $5.49 PM ITG Brands, LLC $45.64 $66.24 $72.87 / $7.29 PM Philip Morris USA Saratoga $56.20 $77.41 $85.15 / $8.52 PM Sherman's 1400 Broadway NYC LLC Select $49.44 $70.26 $77.29 / $7.73 NPM Grand River Enterprises Seneca $21.13 $40.32 $44.36 / $4.44 NPM Grand River Enterprises Seneca 120's $22.03 $41.27 $45.41 / $4.55 NPM Ohserase Manufacturing Signal $14.00 $32.78 $36.07 / $3.61 PM NASCO Products, LLC Smoker Friendly (SF) $25.17 $44.59 $49.06 / $4.91 PM Commonwealth Brands Inc Sonoma $34.00 $53.93 $59.33 / $5.94 PM R.J. Reynolds Tobacco Company $56.38 $77.60 $85.36 / $8.54 PM R.J. Reynolds Tobacco Company $58.88 $80.24 $88.27 / $8.83 NPM KT&G Corporation Timeless Time $20.40 $39.55 $43.51 / $4.36 PM Premier Manufacturing, Inc. Traffic $23.55 $42.88 $47.17 / $4.72 PM R.J. Reynolds Tobacco Company $51.84 $72.80 $80.08 / $8.01 PM Vector Tobacco, Inc. USA $32.15 $51.98 $57.18 / $5.72 PM Commonwealth Brands Inc USA Gold $36.15 $56.21 $61.83 / $6.19 PM R.J. Reynolds Tobacco Company $58.88 $80.24 $88.27 / $8.83 PM Philp Morris USA, Inc. Slims $49.34 $70.15 $77.18 / $7.72 PM JTI U.S.A., Inc. Wave $35.79 $55.83 $61.41 / $6.15 PM King Maker Marketing Inc. Wildhorse $24.25 $43.62 $47.99 / $4.80 PM ITG Brands, LLC $45.64 $66.24 $72.87 / $7.29

Any questions? please contact Wendy Peterson at DOR Min Price 2016 (406) 444-0723, by fax 444-7997, or e-mail [email protected] Page 3 of 3