This document examines recent developments in commercial speech and tobacco regulation. It provides a brief history of the Central Hudson test for determining First Amendment protection of commercial speech. It then discusses recent court cases involving tobacco advertising, such as Altria Group v. Good, which addressed whether the Labeling Act preempted fraud claims against light cigarette labels. The document also outlines relevant statutes like the FTC and Tobacco Control Acts. It analyzes FDA regulations around e-cigarettes and whether prohibiting health claims inhibits harm reduction. The conclusion discusses the challenge of balancing free speech and public health, and questions around long-term impacts of alternatives to traditional tobacco.