Sense and sensibilities behind Juul’s rumoured deal with Altria

Although there has been no official confirmation yet, rumours that tobacco giant Altria is in talks to take a minority stake in Juul have caught the attention of the vaping industry.

ECigIntelligence contacted both companies but both declined to comment on the news published in The Wall Street Journal a few days ago.

This possible development comes at a highly critical moment for the US vaping industry, faced with the Food and Drug Administration (FDA) commitment to tackle what it calls an “epidemic” of e-cig use among teens. And Juul has been one of the companies most affected by the federal agency’s enforcement actions.

The remarkable success of the California-based start-up has attracted the FDA’s attention – and it also seems to be behind Altria’s interest. The company whose brands include Marlboro, Parliament and Virginia Slims has been experiencing a decline in combustible cigarette shipments and now faces a possible US ban on menthol cigarettes.

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      Although there has been no official confirmation yet, rumours that tobacco giant Altria is in talks to take a minority stake in Juul have caught the attention of the vaping industry.

      ECigIntelligence contacted both companies but both declined to comment on the news published in The Wall Street Journal a few days ago.

      This possible development comes at a highly critical moment for the US vaping industry, faced with the Food and Drug Administration (FDA) commitment to tackle what it calls an “epidemic” of e-cig use among teens. And Juul has been one of the companies most affected by the federal agency’s enforcement actions.

      The remarkable success of the California-based start-up has attracted the FDA’s attention – and it also seems to be behind Altria’s interest. The company whose brands include Marlboro, Parliament and Virginia Slims has been experiencing a decline in combustible cigarette shipments and now faces a possible US ban on menthol cigarettes.

      ...

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      Need help?

      Contact a sales representative right now and don’t wait

      Erik Galavis
      +34 654 320 547
      Email Erik