Juul Labs Inc. has secured a cash infusion from some of its early investors to stave off bankruptcy and plans to lay off about a third of its global staff, company Read more
Tag: Electronic Cigarettes
Altria takes on Juul, Philip Morris in smoke-free tobacco
Marlboro maker Altria Group Inc. said it is forming a partnership with Japan Tobacco Group to develop and sell heated tobacco devices in the U.S. and abroad. The move pits Read more
Two of Juul’s biggest investors may offer bailout to prevent bankruptcy
Juul Labs Inc. is in talks with two of its biggest investors on a bailout that could help the e-cigarette maker stave off a bankruptcy filing, according to people familiar Read more
Altria and Juul end noncompete deal: Here’s what that means for e-cigarette sales and marketing
Altria Group Inc. said Friday it has taken a step that extricates it from its noncompete arrangement with vaping company Juul Labs Inc., freeing both companies to pursue their own Read more
FDA says Juul products can remain on the market while ban is appealed
The Food and Drug Administration said it would allow Juul Labs Inc. to stay on the U.S. market while the e-cigarette maker appeals the agency’s ban on its products. The Read more