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A PMI and Altria Merger Would Threaten The Vaping Industry

Did you hear? Philip Morris International (PMI) and Altria Group have confirmed rumors that the two tobacco giants are discussing the possibility of re-merging. In...

Altria: Cigarette Sales Continue to Decline

Marlboro maker Altria Group Inc. (NYSE: MO) has just released its second quarter earnings, and despite the fact that the reported revenue exceeded Wall...

Altria’s Smokeless Products Division Could Add $930 Million in Revenue

As with the other major tobacco companies, due to the continually declining smoking rates across the globe, Altria is investing significant resources in expanding...

Altria CEO Grilled by Investors over the 12.8 Billion Deal With...

Analysts and investors are worried that Altria paid too much for its 35% stake in Juul, especially given all the scrutiny and lawsuits that...

Gottlieb suggests a harmful tactic: banning vape pods

One of the latest jabs against the independent vaping industry comes, once again, from the mouth of outgoing Food and Drug Administration commissioner Scott...

Juul’s Yearly Revenue Predicted to Top $3 billion After a Profitable...

The San Francisco based manufacturer revealed its first official growth figures last month, reporting sales of over $1 billion in 2018, up from $200...

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...
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