Juul Labs

Users of Juul vaping products have begun receiving financial compensation through Venmo after major class-action lawsuit settlements against Juul Labs and Altria Group. The final settlement was reached earlier this year. What Happened: The lawsuits accused Juul and Altria of misleading consumers,...

E-cigarette maker Juul Labs Inc. announced its latest move to secure approval from the FDA for its newly developed menthol-flavored pods.  These pods, designed with stringent age verification measures, are intended for use with Juul's e-cigarette device, which is currently ...

The e-cigarette maker, Juul Labs Inc, seeks FDA approval for its next-generation vaporizer, already available in the U.K. and Canada. The company is waiting for word on whether its current products can stay on the market. Earlier this year, Altria Group Inc (NYSE: MO) divested Juul...

Juul's valuation took a big hit Thursday. Since tobacco company Altria Group acquired a large stake in Juul Labs, the vape manufacturer has struggled with regulatory issues and has seen its valuation fall several times. What Happened: Juul Labs cut its valuation from $12 billion to $10 billion...

Altria Group Inc (NYSE: MO) investment in Juul is up in the air a year after the deal was made, as U.S. federal antitrust officials are probing the tobacco company's reach in the sector, The Wall Street Journal reported Friday, citing people familiar with the matter. In December 2018...

President Donald Trump is holding back from meeting with representatives from the vaping industry this week and appears to have softened his stance on e-cigarettes, The Wall Street Journal reported early Monday.  What Happened Trump announced in September that he was considering a ban on...

Federal officials say vitamin E acetate oil, an additive sometimes found in some liquids used in vaping devices, especially those with THC, may be to blame for the national outbreak of lung injuries that is blamed for the death of 39 people. What We Know Vitamin E acetate, a derivative of vitamin E...

Altria Group Inc (NYSE: MO) reported third-quarter earnings of $1.19 per share on Thursday, beating the analyst consensus estimate of $1.15.   The tobacco company reported quarterly sales of $5.412 billion, topping the analyst consensus estimate of $5.34 billion.  Altria...

Altria Group, Inc. (NYSE: MO) and Philip Morris International Inc. (NYSE: PM) have ended merger discussions with Altria providing a statement on Juul leadership change and tightening 2019 full-year earnings guidance. "While we believed the creation of a new merged company had the potential to...

E-cigarette maker Juul, partly owned by tobacco company Altria Group Inc (NYSE: MO), was notified by a U.S. House panel Wednesday that it is not cooperating with a congressional probe and may face a subpoena, CNBC reported. What Happened In The US A House subcommittee responsible for overseeing...

Cronos Group Inc (NASDAQ: CRON) CEO Mike Gorenstein presented Tuesday at the Consumer Analyst Group of New York lunch. After attending the event, one Wall Street analyst said Cronos could become a “crown JUUL” of the cannabis business. The Analyst Wells Fargo analyst Bonnie Herzog...

E-cigarette maker and vape company Juul Labs is exploring plans to open its own U.S. retail shops, according to The Wall Street Journal. Juul hasn't made a final decision on when and where it will open its own U.S. stores, which would only admit adults, but has hired staff for "potential...

In an ongoing effort to better protect minors from risks posed by combustible inhalant products, the FDA announced Wednesday that it is looking to end the compliance policies that currently apply to flavored e-cigarettes and cigars. Why It’s Important The FDA said it's advancing a vision...

U.S. Food and Drug Commissioner Scott Gottlieb is resigning, The Washington Post reported Tuesday afternoon. Gottlieb, a physician, former banker and venture capitalist, had made youth vaping his focal issue on the FDA. A former advisor to pharmaceutical companies, Gottlieb was initially criticized...

Altria Group Inc (NYSE: MO) has begun providing limited retail services to Juul Labs in accordance with the firms’ service agreements. The relationship’s got analysts hooked. The Rating Wells Fargo analyst Bonnie Herzog maintained an Outperform rating on Altria with a $65 price target....