The company also said it would stop advertising in the U.S. and won't lobby the Food and Drug Administration on flavored e-cigarette regulation.
With vaping under intense scrutiny and a deadline of May 2020 to apply for FDA approval, the company is under pressure.
San Francisco banned the sale of e-cigarettes earlier this year. Now Michigan becomes the first state to ban flavored e-cigarettes.
Today the Altria Group – the tobacco giant that used to be known as Philip Morris – announced it’s spending $12.8 billion to buy a 35 percent stake in Juul Labs. That’s the e-cigarette maker that dominates the vaping market…
E-cigarette manufacturer JUUL has aimed its product at adult smokers looking to quit. But now JUUL, with its brightly-colored, fruit-flavored refill cartridges, has caught on big with teenagers. The Food and Drug Administration stepped in this week. Click the audio player…
A government analysis found broad surveys are masking high smoking numbers among Korean-Americans and Puerto Ricans.
New FDA rules put restrictions on tobacco products, which will affect venues catering to their use.
The administration's new rules take aim at many parts of the emerging business.