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Headlines Tagged with Altria/Philip Morris 15,252 headlines found


Altria to discontinue e-vape products and Verve oral nicotine and refocus on reduced-risk tobacco

said Friday it is discontinuing its MarkTen and Green Smoke e-vape products, along with Verve oral nicotine containing products in response to regulatory restrictions that will hamper its effort to improve their financial performance. The tobacco giant s
MarketWatch (Wall St. Journal)
added Dec 7, 2018 16:08

Altria may be adding a Juul to its crown if talks with e-cigarette company end in deal

Deal by world’s biggest tobacco company would mark major shift in an industry already being shaken up by new technologies and new regulations
MarketWatch (Wall St. Journal)
added Dec 7, 2018 15:59

[Canada] Altria takes C$2.4bn stake in Canadian pot group Cronos

As part of the deal, Altria gets to nominate four directors, including one independent director, to serve on Cronos’ board. Cronos will in turn become Altria’s “exclusive partner for pursuing cannabis opportunities throughout the world”. “Altria is the
Financial Times (uk)
added Dec 7, 2018 13:29

[Canada] Altria eyes vaping, pot as cigarette sales slow

The tobacco giant is in separate talks to make investments in Canadian cannabis company Cronos Group Inc. and in San Francisco e-cigarette startup Juul Labs Inc., according to Cronos and people familiar with the Juul matter. The two companies would give A
MarketWatch (Wall St. Journal)
added Dec 6, 2018 18:17
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Juul Employees Are Reportedly Pissed About Possible Deal With Maker of Marlboro

conversations between Juul employees over Slack, some employees initially raised questions over the legitimacy of the reports. Others reportedly claimed that such a deal would be a “deal with the devil” and would stand in opposition to Juul’s ostensible e
added Dec 6, 2018 17:36

Altria Is Said to Be Seeking a Stake in Juul

Juul’s flavors and sleek electronic devices helped the start-up corner about 70 percent of the e-cigarette market.
New York Times
added Dec 6, 2018 17:31

[Canada] The maker of Marlboro cigarettes is in a bind and can make 2 major deals to dig itself out, analyst says

"In the tobacco category, Altria faces similar structural headwinds, as volume pressure seems to be accelerating with the advent of meaningful vapor innovation that is finally resonating with consumers," Azer said in a note out Tuesday. According to Aze
Business Insider
added Dec 6, 2018 17:23

[Japan] Why Altria Wants to Buy a Piece of E-Cig Leader Juul Labs

Altria's decision to place a bet on the most successful e-cig maker doesn't mean it thinks IQOS won't succeed, but it hedges the company against a multitude of possible outcomes, including the possibility that the FDA doesn't approve IQOS. Assuming that
Motley Fool
added Dec 6, 2018 16:03

Insight Adds Lobbying Juice to Juul

has hired Insight Public Affairs to handle Food & Drug Administration regulatory matters and for a push about the value of vaping products in “harm reduction.” With 70 percent market share, Juul is a juicy target of those concerned about the rising use o
O'Dwyer's PR Daily
added Dec 6, 2018 15:45

Don't Be Shocked If Big Tobacco Invests In Juul -- Its Founders Have Allowed It Before

Marlboro -maker Altria takes a stake in Juul, it wouldn’t be the first time the founders of a company that’s sought to bill itself as a tool for eliminating cigarettes has partnered with Big Tobacco.
added Dec 6, 2018 15:33
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