Altria Makes Investment in Vaping Company Juul

Altria Makes Investment in Vaping Company Juul

Tobacco company, Altria Group Inc., has agreed to a $12.8 billion investment for a 35% stake of the large vaping company, Juul Labs Inc. Altria will now be participating in the vaping industry only through Juul. Altria made the strategic move for the following reasons: Provides a significant stake in the largest and fastest growing […]

Cigarette Smoking at Record Low in U.S.

Cigarette Smoking at Record Low in U.S.

New data shows that only 14% of adults smoke cigarettes – a record low among U.S. adults. According to researchers and industry experts, the new data shows proof that the ongoing efforts to decrease smoking rates in the country are successful. According to the CDC, FDA and National Institutes of Health’s National Cancer Institute, there were […]