Dec 272018
![](https://journal.unknownlamer.org/wp-content/uploads/2018/12/how-vaping-giant-juul-explains-everything-thats-wrong-with-our-worldthe-intercept-150x150.jpg)
Twelve years ago, e-cigarettes couldn’t be found in America. Three years ago, Juul didn’t exist. But last Friday, Marlboro manufacturer Altria bought a 35 percent stake in the vaping juggernaut for $12.8 billion. The deal values Juul at $38 billion, a similar market capitalization to that of Target, MetLife, Delta Air Lines, and Ford. Fifteen hundred Juul employees split a $2 billion dividend as a result, becoming instant millionaires overnight. Juul was an inviting target for…
External feed Read More at the Source: https://theintercept.com/2018/12/27/juul-vaping-industry-regulation/
2018-12-27
Sorry, the comment form is closed at this time.