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

South Korea’s appeal court again sides with KT&G, Philip Morris Korea and BAT Korea in $36.24 million case

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Thai Research describes e-cigarettes as a “first gateway” for ages 15–20, linked to appearance and flavors

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The UK government plans to expand the scope of its e-cigarette ban to include playgrounds, off-campus areas, and areas outside hospitals.

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According to a Milton Police Department (MPD) news release, Milton, Florida officers and partner agencies carried out compliance checks at seven vape retailers on Jan. 27, seizing more than 500 illegal vape products and arresting employees allegedly involved in sales to minors. Authorities also reported finding unlicensed marijuana sales, high-THC products, nitrous oxide and illegal charging units.

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Ireland’s Tobacco and Vape Retail Licensing Regime Takes Effect; BAT Says It Should Cover Nicotine Pouches

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