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KushCo Shares Fizzle On Q1 Print, CEO Says Vaping Crisis Impacted Results
Thursday, January 9, 2020 - 12:42pm | 425KushCo Holdings, Inc. (OTC: KSHB) reported fiscal first-quarter revenue of $35 million Wednesday compared to $25.32 million in the same quarter of the prior year. KushCo posted a net loss of $12.51 million or 12 cents per share versus a net loss of $8.58 million and 11 cents per share in...
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Pax Labs Launches Era Pro Smart Vaporizer
Monday, January 6, 2020 - 4:43pm | 368San Francisco-based vaporizer manufacturer Pax Labs announced the release of the Era Pro vaporizer Monday. The new device, already available online and at licensed retailers for $70, is an upgrade to the Era, the brand’s landmark vape, which remains available. The Pax Vape...
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What Investors Should Know About Vaping Hardware
Saturday, January 4, 2020 - 10:45am | 390On Nov. 15, Apple Inc. (NYSE: AAPL) removed all vape apps from the iOS App Store. This shift is one of the latest developments in corporate and government efforts to mitigate the negative public health consequences from vaping both nicotine and cannabis. The CDC and FDA are investigating...
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Will The Federal Ban On Flavored E-Cigarette Pods Serve Its Purpose?
Friday, January 3, 2020 - 12:40pm | 317The Trump administration is set to ban most fruit and mint-flavored vapes in an attempt to curb teen usage. The modified policy would pull pod-based flavored vaporizers off the market that are made by companies such as Juul, NJOY Holdings and Reynolds American. The policy would still...
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FDA Set To Ban Flavored E-Cigarette Pods
Thursday, January 2, 2020 - 10:33am | 288The Food and Drug Administration is planning to ban fruit-flavored e-cigarettes this week, according to the The Wall Street Journal. The update in policy, which the Journal said could come as soon as Friday, is intended to curb a surge in underage vaping and will be applied to pod-based...
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Congress Passes Spending Bill That Raises Tobacco, E-Cigarette Buying Age To 21
Thursday, December 19, 2019 - 3:28pm | 554The age for buying tobacco and e-cigarettes will rise from 18 to 21 in the United States under a budget measure passed by Congress Thursday. Trump Plans To Sign Bill The measure, the most dramatic change in the tobacco product law in more than a decade, is part of a $1.4-trillion...
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Facebook Bans Instagram Influencers From Pushing Vaping, Weapons
Thursday, December 19, 2019 - 10:15am | 399Facebook, Inc. (NASDAQ: FB) introduced Wednesday a policy that prohibits influencers from promoting vaping, tobacco and weapons on Instagram. It also announced restrictions on branded content for alcohol and diet supplements. “Our advertising policies have long prohibited the advertisement of...
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Massachusetts Lifts Vaping Sales Ban, Montana To Enforce Moratorium In Latest State-By-State Developments
Wednesday, December 18, 2019 - 1:48pm | 622A temporary ban on vaping product sales in Massachusetts was announced in September by Gov. Charlie Baker. The ban was initially set to end Dec. 24, but Baker decided to end it earlier on Dec. 11, according to Boston NPR affiliate WBUR. “We were comfortable stepping back from...
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Michigan Recalls Vapes To Test For Contaminants Linked To Illness
Wednesday, November 27, 2019 - 9:59am | 496This week, the state of Michigan has recalled all marijuana vape cartridges to test for contaminants suspected of contributing to 47 deaths and 2,290 hospitalizations across the United States from vaping-related health issues. What To Know Michigan’s Marijuana Regulatory Agency instituted...
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Apple Responds To Vaping Health Crisis By Removing 181 Apps
Monday, November 18, 2019 - 11:52am | 424After the newest update from the Centers for Disease Control and Prevention had revealed that there have been 2,172 cases of serious lung injury related to vaping and 42 deaths, Apple Inc. (NASDAQ: AAPL) decided to remove all 181 vaping-related apps from its mobile App Store, Axios reported Friday...
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Trump Changes Course On Flavored Vape Ban
Monday, November 18, 2019 - 10:28am | 380President 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...
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Juul Smokes Out 650 Jobs To Save $1B In Costs Next Year
Tuesday, November 12, 2019 - 12:11pm | 291Vape maker Juul confirmed Tuesday it will speed up the pace of job cuts from 500 to 650 to save close to $1 billion next year, CNBC reported. What Happened Juul plans to eliminate around 16% of its total 4,051-employee workforce, which marks a reversal from its previous pace of hiring 300 employees...
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Vaping-Related Lung Disease And Vitamin E Acetate: What You Should Know
Monday, November 11, 2019 - 4:32pm | 589Federal 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...
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Medicine Man Technologies Reports Q3 Net Loss Of $1.83M
Monday, November 11, 2019 - 1:25pm | 377Medicine Man Technologies, Inc. (OTC: MDCL) posted third-quarter revenue of $5.34 million on Monday, up 14% from $4.67 million in the same quarter of 2018. The company disclosed a net loss for the quarter of $1.83 million, or 5 cents per share, versus net income of $4.95 million and 18 cents per...
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Greenlane Posts Quarterly Net Loss Of $9M, Announces Stock Buyback
Friday, November 8, 2019 - 12:20pm | 321Cannabis 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...