JUUL

Cannabis company Greenlane Holdings, Inc. (NASDAQ: GNLN) reported a third-quarter net loss of $9 million Friday, compared to from $100,000 one year ago.  The larger loss was mainly because of a higher cost of sales, bigger depreciation and amortization expenses and investments in...

Tobacco company Altria Group Inc (NYSE: MO)'s third-quarter print was viewed favorably by at least two Street analysts. The Analysts Bank of America Merrill Lynch analyst Lisa Lewandowski maintained a Buy rating on Altria with a $54 price target. Deutsche Bank analyst Steve Powers...

Cigarette and tobacco company Altria Group Inc (NYSE: MO) said in conjunction with its third-quarter report that it took a $4.5-billion pretax charge against its earnings from its investment in e-cigarette maker Juul. What Happened Altria said in its earnings release that a decision to...

Juul Labs Inc. will reportedly about 500 employees by January in anticipation of damaging regulatory developments. The layoffs could reduce the e-cigarette maker's workforce by 10% to 15%, The Wall Street Journal reported Monday.  The move is a sharp reversal of a rapid...

Just minutes after vaping company Juul announced Wednesday that its CEO Kevin Burns will step down, former FDA Commissioner Dr. Scott Gottlieb told CNBC the company was responsible for "creating this teen epidemic" of widespread vape usage. What Happened Juul will replace Burns with...

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...

Tobacco stocks were resilient on Wednesday after a series of negative headlines about the potential dangers of vaping and indications from President Donald Trump that a regulatory crackdown may be on the horizon. Vaping Crackdown On Wednesday morning, U.S. health secretary Alex Azar told reporters...

The Food and Drug Administration released a statement Monday that warns Altria Group Inc (NYSE: MO)'s Juul Labs for marketing unauthorized modified risk tobacco products — including to youth.  Regardless of where products like e-cigarettes fall on the tobacco product...

Michigan is about to become the first state in the country to ban flavored e-cigarettes in a bid to protect kids from becoming addicted to nicotine through the vaping devices.  Michigan Gov. Gretchen Whitmer is sidestepping state lawmakers by pushing the ban through as an emergency...

Altria Group (NASDAQ: MO) shares were trading over 4% lower Thursday afternoon. FTC investigators are looking at whether Juul is engaged in deceptive marketing, including targeting minors or using influencers, according to a Reuters report. Before news of the FTC investigation came out Thursday,...

The cigarette business isn’t exactly smoking these days. And as investors have moved away from Big Tobacco, lowering share prices, one of the biggest cigarette companies has also broadened its product line beyond traditional cigarettes. And that makes the cheaper shares of Altria Group Inc. (...

Wells Fargo likes Altria Group Inc (NYSE: MO)’s willingness to use price increases to offset pressure from declining volume in cigarette sales. The Analyst Wells Fargo’s Bonnie Herzog reiterated an Outperform rating on Altria with a $65 price target. The Thesis The biggest question...

The Food and Drug Administration released new guidelines Tuesday for manufacturers seeking approval to continue selling e-cigarettes, or vaping devices, and the liquids used in the devices to deliver nicotine.  What Happened Under FDA regulation of e-cigarettes that began in 2016,...

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...