Por: Fox Business Business March 06, 2023
Georgia Republican Rep. Buddy Carter argues the roll out a $30 million grant program that would reportedly distribute 'smoking kits' in poor communities in the name of racial equity and reducing harm is 'not the way to handle' the drug problem. Altria is full global ownership of privately-held NJOY to take control of the only pod-based e-vapor product with market authorizations from the U.S. Food and Drug Administration... + full article
ABC News USA Business March 06, 2023
Days after exiting its stake in troubled electronic cigarette maker Juul, Altria announced a $2.75 billion investment in rival electronic cigarette startup NJOY. The Marlboro maker gets full ownership of NJOY’s e-vapor product portfolio, the Virginia company said Monday,... + más
Marlboro maker Altria agrees to buy e-cigarette startup NJOY for nearly $2.8 billion | CNBC
Altria in talks to buy vaping startup NJOY for at least $2.75 billion, divest its stake in Juul | Fox Business
CBS News USA Business March 06, 2023
Days after exiting its stake in troubled electronic cigarette maker Juul, Altria announced a $2.75 billion investment in rival electronic cigarette startup NJOY. The Marlboro maker gets full ownership of NJOY's e-vapor product portfolio, the Virginia company said Monday,... + más
Altria makes $2.75B investment in e-cigarette startup NJOY | ABC News
CNBC USA Health March 06, 2023
In this articleSource: NJOYIn a bid to strengthen its portfolio of smoke-free products, said Monday it would buy e-cigarette startup NJOY for $2.75 billion.Altria, which makes Marlboro cigarettes, will have full global ownership of NJOY's e-vapor product portfolio,... + más
Fox Business USA Business February 28, 2023
Cato Institute Senior Fellow Jeffrey Singer joins 'Kennedy' to discuss the FDA ordering the electronic cigarette company Juul to pull its product from the U.S. market. Marlboro maker Altria Group Inc. is in advanced talks to buy e-cigarette startup NJOY Holdings Inc.... + más
Altria and Juul end noncompete deal: Here's what that means for e-cigarette sales and marketing | MarketWatch
Juul in deal talks with three tobacco giants | Fox Business
Associated Press USA Business October 27, 2022
WASHINGTON (AP) — Marlboro-maker Altria has a new partner in its effort to bring a heat-not-burn cigarette to the U.S. market, one week after exiting a similar deal with its sister company, Philip Morris International.Altria said Thursday it’s launching a new venture with... + más
Altria quarterly earnings miss estimates as cigarette maker's revenue falls | CNBC
CNBC USA Business October 27, 2022
In this articleAltria Group signage is displayed on a monitor on the floor of the New York Stock Exchange.Michael Nagle Bloomberg Getty ImagesCigarette maker Altria Group on Thursday reported third-quarter earnings that missed Wall Street estimates as its revenue... + más
Altria inks new deal on heated cigarettes as sales slide | Associated Press
MarketWatch USA Business October 01, 2022
Altria paid the $12.8 billion in 2018 to acquire a 35% stake in Juul, which was valued at about $35 billion at the time. The stake has steadily lost value as Juul has drawn regulatory scrutiny for flavors and marketing that were blamed for a spike in teenage vaping. In early... + más
How McKinsey Got Into the Business of Addiction | The New York Times
Maine to walk away from multimillion dollar Juul settlement | Portland Press Herald
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