The majority of products that pose a risk to your health have warning labels that inform you of the hazards involved with using them.
According to CNBC, the U.S. surgeon general has called for a new label to be placed on all alcoholic beverages in the United States in light of the connection between alcohol use and an elevated risk of cancer.
Although the link between alcohol and cancer is not as well known as it is for cigarette smoke, according to NBC News, alcohol is the third most common avoidable cause of cancer in the United States, after obesity and tobacco use.
Alcohol labels should be more prominent and warn of the elevated risk of cancer, according to U.S. Surgeon General Dr. Vivek Murthy.
Most people wouldn’t give a damn, but as soon as the news broke, chaos broke out on Wall Street. Immediately following this statement, stocks of alcoholic beverages started to decline sharply, according to Yahoo Finance.
Businesses such as Constellation Brands, which owns the brands Modelo, Svedka, and Ruffino for wine, liquor, and beer, saw a 2 percent decline.
Diageo, which owns the alcoholic brands Smirnoff, Captain Morgan, and Johnnie Walker, saw a 4% decline.
Woodford Reserve and Jack Daniel’s liquor brands are owned by Brown Forman, which likewise had a 4% decline.
Alcohol may not have as much of an impact on the lives of the younger generation in the future. Younger Americans are moving away from alcohol, with many turning to non-alcoholic alternatives, according to a 2020 Gallop Survey.
Perhaps that information, along with the new warning labels, can help lower the number of avoidable alcohol-related deaths that occur in America each year.
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