Our Tobacco segment operates through our two subsidiaries, Liggett and Vector Tobacco. Prior to August 2020, Montego was sold in select targeted markets in four states. In 2020, approximately 19% of our cigarette unit sales were menthol flavored. The law took effect immediately. The lawsuit was stayed by agreement of the parties. Proposition EE was approved by the voters. See Item 1A. "Risk Factors" and Note 15 to our consolidated financial statements. Douglas Elliman Real Estate Brokerage Business. The New Jersey brokerage operation operates in Hoboken, New Jersey. We expect this trend to continue and accelerate in the future. We believe this philosophy served Liggett well during the COVID-19 pandemic. For a more complete discussion of the TCA, see Item 1. Litigation will continue to harm the tobacco industry, including Liggett. Liggett may have additional payment obligations under the MSA.NPM Adjustment. This is known as the "NPM Adjustment." These measures may occur again depending on COVID-19 infection rates. The real estate development industry is highly competitive. Risks inherent in PropTech Investments. Risks associated with Douglas Elliman. There is no assurance that those activities will enhance the brand awareness. Douglas Elliman also competes for the services of qualified licensed agents. These debt ratings may affect our ability to raise debt.