Tag: Altria
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...
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...
