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The Latest On Juul: Congress Threatens Subpoena; China, India Halt Sales
Wednesday, September 18, 2019 - 4:15pm | 471Read More...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...
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Bruce Linton On Vaping Regulations That Could Be 'Better For Public Safety'
Tuesday, September 17, 2019 - 11:36am | 475Read More...A seventh person has died in the U.S. from what appears to vaping-related causes — but a growing regulatory pushback could have the opposite effect of helping consumers, according to ex-Canopy Growth Corp (NYSE: CGC) CEO Bruce Linton. What Happened If state or federal authorities start...
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FDA Warns Juul On Marketing To Youth
Monday, September 9, 2019 - 11:30am | 405Read More...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...
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What Altria's CEO Is Saying About Juul
Thursday, August 29, 2019 - 3:54pm | 155Read More...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,...
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Tobacco Stocks React As FDA Investigates Reports Of Seizures After Vaping
Wednesday, August 7, 2019 - 3:16pm | 285Read More...Tobacco shares are trading lower after CNBC reported emerged the FDA is investigating 127 reports of seizures after vaping. The FDA has received around 92 new reports of people, especially kids and young adults, experiencing seizures after using e-cigarettes since it first announced its...
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FDA Issues Guidelines for E-Cig Makers Seeking Approval Of Vape Devices
Tuesday, June 11, 2019 - 2:55pm | 517Read More...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,...
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Walmart Raises Tobacco Purchase Age To 21, Phases Out Fruit-Flavored E-Cigarettes
Wednesday, May 8, 2019 - 3:41pm | 485Read More...Walmart Inc (NYSE: WMT) said Wednesday that it's raising the purchase age for tobacco products at its U.S. stores to 21 beginning July 1. The retailer's stock and Big Tobacco stocks were trading down Wednesday afternoon, although not drastically. What Happened The move, which John...
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Cronos Group Opens Cannabinoid Device R&D Center In Israel
Tuesday, May 7, 2019 - 4:08pm | 289Read More...Cronos Group Inc (NASDAQ: CRON) said Tuesday that it's expanding its research and development program by opening a facility in Israel that will be focused on cannabinoid devices. What Happened Cronos Device Labs, the company's new R&D facility, is intended to support Cronos...
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McConnell Proposes Raising Smoking Age To 21, Tobacco Stocks Flicker
Thursday, April 18, 2019 - 12:50pm | 386Read More...Senate Majority Leader Mitch McConnell said Thursday he’ll introduce legislation to raise the legal age to buy tobacco to 21. McConnell, a Republican who represents the traditional tobacco-producing state of Kentucky, said raising the age from 18 will be a top priority for the Senate when it...
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FDA Moves Up New E-Cigarette, Cigar Regulations
Wednesday, March 13, 2019 - 12:33pm | 419Read More...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...
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Markets React Amid Report FDA Commish Scott Gottlieb Will Resign
Tuesday, March 5, 2019 - 4:39pm | 500Read More...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...
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Analysts: Altria's Juul Stake A Good Hedge, But Lack Of Control Presents Risks
Friday, December 21, 2018 - 1:14pm | 880Read More...Altria Group Inc (NYSE: MO) announced a $12.8-billion minority stake in Juul Thursday. The stock has fallen since traders began digesting the deal, but many analysts maintain that the investment improves Altria’s positioning in a tough regulatory environment as consumer preferences shift....
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Altria's Reported Interest In Juul Wins Sell-Side Support
Thursday, November 29, 2018 - 12:46pm | 555Read More...Marlboro producer Altria Group Inc (NYSE: MO) is in talks to buy a large minority stake in leading e-cigarette start-up Juul Labs, according to a Wednesday Wall Street Journal report. Why It’s Important Experts lauded Altria’s diversification effort given the increasingly fragmented...
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Why Did Apple Patent A Vaporizer?
Saturday, January 28, 2017 - 3:23pm | 322Read More...Apple Inc. (NASDAQ: AAPL) filed a patent for a vaporizer, but according to CNN Money, it isn't quite clear why. Apple's patent describes a "substance that is to be vaporized or sublimated into a vapor" but it doesn't detail what exactly the substance might be. The patent...















