Plasencia Cigars recently made an announcement that they will be increasing the prices of their cigars starting April 17, 2023. Despite the news not being favorable to cigar enthusiasts, the company claims that it had tried to avoid the price adjustments for as long as possible. However, several uncontrollable factors, such as increased costs of packaging materials and shipping due to inflation, have resulted in the need to adjust their pricing.
It is interesting to note that Plasencia Cigars has managed to establish itself as a popular cigar manufacturer despite only recently starting to produce their own cigars. This achievement is remarkable, given that the cigar industry is highly competitive, and established players dominate the market.
Plasencia Cigars, a family-owned business, has a long and rich history in the tobacco industry. For over 150 years, the Plasencia family has been involved in tobacco cultivation, processing, and distribution. The company has expanded its business over the years and has become a vertically integrated business with a presence in all aspects of the tobacco industry, from farming to cigar production.
Despite the company’s long-standing reputation and experience in the tobacco industry, it was only in recent years that they started producing their own cigars. However, Plasencia Cigars has managed to quickly establish a name for itself in the cigar industry by producing high-quality cigars that have received numerous positive reviews and accolades from cigar enthusiasts and experts.
The company’s success can be attributed to its strong commitment to quality, innovation, and sustainability. Plasencia Cigars has invested heavily in research and development to create new blends and flavors that cater to different tastes and preferences. Additionally, the company has adopted sustainable practices in its tobacco farming and production processes, which has earned it recognition and praise from environmental and social responsibility organizations.
In conclusion, Plasencia Cigars’ decision to increase its cigar prices is a necessary measure due to uncontrollable market factors. Nonetheless, the company’s remarkable success in establishing itself as a popular cigar manufacturer despite being a new player in the industry is an impressive achievement. This success can be attributed to the company’s strong commitment to quality, innovation, and sustainability.