Juul’s 1,500 employees are getting a $ 2 billion bonus from Altria, averaging about $ 1.3 million each, as part of the tobacco giant’s $ 12.8 billion investment in the e-cigarette maker, people familiar with the matter told CNBC.
Oct. 26, 2018 — Tobacco company Altria says it will discontinue most of its flavored electronic cigarettes and halt sales of some brands. In its announcement Thursday, the company also said it would support federal legislation to increase to 21 the minimum age for buying any tobacco or vaping products, the Washington Post reported. The… Read More »
Altria said it will stop selling its e-cigarette pods and pull most of its flavors from the market, responding to the Food and Drug Administration’s request for plans to curb “epidemic” levels of use among teens.