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FDA Accuses Juul & Altria of Reneging on Promise to Fight...

In September 2018, the FDA had issued more than 1,000 warning letters to U.S. retailers and manufacturers of e-cigarettes, amongst which Juul and Altria,...

Analysts Skeptical About Altria’s Two Major Investments

In 2018, Altria's share price had slumped over 30%, making it one of the worst in history for the cigarette maker's shareholders. A number...

Following deal with Altria, Juul to distribute $2 billion amongst its...

As of last Wednesday, Altria, one of the world’s tobacco giants, owns 35% of Juul, the e-cig manufacturer who had claimed its goal was...

Juul Investors Concerned About Possible Deal With Altria

If a deal is struck, Altria will get a chunk of Juul, which this summer was valued at approximately $16 billion.Juul Labs Inc. was...

Altria to Discontinue its E-Cigs as it Invests in Cannabis Firm

As cigarette sales keep declining, the tobacco giant’s market value has dropped by 13% over the past 12 months. Additionally, Altria's own e-cigarette brands,...

Altria May Strike a Deal With a Cannabis Startup

Earlier this week, an article on The New York Times reported that Juul Labs and Altria are in talks, and that if a deal...

Altria Said to Be Seeking Minority Stake in Juul Labs

Earlier this week, an article on The New York Times reported that Juul Labs and Altria are in talks, and that if a deal...

Altria to Halt Sales of Flavored E-Liquids

Last Thursday Altria, said that in a meeting with FDA commissioner Scott Gottlieb, the two parties discussed "actions that could be taken”, following which...

Altria Releases 2018 Second-Quarter and First-Half Results Report

Below is the report as released by Altria: Altria Reports 2018 Second-Quarter and First-Half Results; Tightens 2018 Full-Year Earnings Guidance Altria Group, Inc. (Altria) MO, +0.31% today announced its...

Altria Submits MRTP Application for Smokeless Tobacco Product

Due to the declining smoking rates, Altria Group, like other tobacco companies have decided to invest in safer tobacco alternatives. The Copenhagen Snuff Fine...
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