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

China Tobacco Regulation Shift：Policy Updates and Market Impact

Glas, the FDA, and the Future of Flavored ENDS

Glas, the FDA, and the Future of Flavored ENDS

Reuters: More “Made in America” Vape Products Appear in the U.S. Amid Trump Tariffs and Crackdown

Reuters: More “Made in America” Vape Products Appear in the U.S. Amid Trump Tariffs and Crackdown

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PMI U.S. Says Dothan Factory Closure Reflects Focus on Smoke-Free Business Strategy

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Smoore International Q1 Results: Enterprise-Focused Business Up 48.6% Year-on-Year, Proprietary E-Vapor Brand Business Up 14.3%

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Apr.10 by 2FIRSTS.ai

Malaysia maritime officers seize nearly 16,500 vapes in suspected cross-border smuggling bid

Malaysia maritime officers seize nearly 16,500 vapes in suspected cross-border smuggling bid

According to Malay Mail and Bernama, Malaysia’s maritime enforcement agency intercepted a suspicious lorry at a jetty in Kedah’s Kuala Sanglang and seized nearly 16,500 vape devices worth more than RM500,000 (about US$125,000). Three men were detained for investigation, and the case is being probed under Malaysia’s Customs Act 1967.

Mar.09 by 2FIRSTS.ai

Special Report | Breeze and Glas Seek White House Review as FDA Advances Flavored ENDS Guidance

Special Report | Breeze and Glas Seek White House Review as FDA Advances Flavored ENDS Guidance

Breeze Smoke and Glas, Inc. have separately requested White House review under Executive Order 12866 as the FDA advances draft guidance on flavored ENDS (RIN 0910-ZC78). The guidance aims to clarify evidentiary standards under the statutory “appropriate for the protection of public health” (APPH) framework. The parallel filings highlight industry concern over regulatory predictability, particularly as Glas’s PMTA review status has recently drawn market attention.

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Mar.27 by 2FIRSTS.ai

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