Juul in Early Talks with Tobacco Companies for Sale or Partnership

Jan.27.2023

Juul in Early Talks with Tobacco Companies for Sale or Partnership

Juul explores possible sale, investment, licensing or distribution opportunities with Phillip Morris, Japan Tobacco, and Altria.

According to a January 26th report in the Wall Street Journal, vaping company JUUL is exploring potential opportunities for sale, strategic investment, licensing or distribution, and has recently held preliminary discussions with international companies Fima, Japan Tobacco and Altria Group.

According to sources familiar with the matter, negotiations are still in the early stages and there is no guarantee a sale or partnership agreement will be reached.

Reference:

The electronic cigarette company, Juul, is reportedly engaged in discussions with tobacco companies.

#Asia #Market #China #Disposable e-cigarettes #E-cigarette Companies

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China Tobacco Regulation Shift：Policy Updates and Market Impact

JUUL Files ITC Complaint over Vaporizer Device Infringement

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Indiana SB 185 Advances: Foreign-Made Vapes Would Be Barred, With Focus on China

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A U.S. federal court in Florida denied Philip Morris International and its subsidiaries’ motion to dismiss, allowing consumers to proceed with claims under the Florida Deceptive and Unfair Trade Practices Act alleging that Zyn nicotine pouches’ “tobacco-free” marketing is misleading. The court held that the allegations do not amount to a fraud claim and may move forward to the merits stage.

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The Maldives Customs Service has confiscated the largest single shipment of vapes since the national import ban took effect in November 2024. Officials searched a sea freight shipment on December 4 and seized 10,800 vape cartridges valued at approximately MVR 2.7 million (USD 175,000).

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