IQOS already had PMTA approval. Now they have an MRTP approval allowing them to make the following "Reduced Exposure" claim:
FDA Announcement:
FDA Authorizes Marketing of IQOS Tobacco Heating System with ‘Reduced Exposure’ Information
Major Juul investor writes down a third of its value
https://www.bizjournals.com/sanfrancisco/news/2019/10/04/majorjuul-investor-writes-down-a-third-of-its.html
Juul Labs investor Darsana Capital Partners wrote down a third of its investment in the San Francisco-based e-cigarette maker in a...
Altria launches Iqos tobacco device in US, and the timing couldn't be better
It took two more years for regulatory clearance. But Altria is finally launching Iqos in the U.S. this week, and the company’s timing — though coincidental — couldn’t be better.
This article uses "coincidental" or...
E-cigarette maker Juul's valuation 'coming down sharply'
While Altria invested in the controversial vaping company at around $250 per share and this summer rose to a high of about $300 per share, sources say that Juul is now valued at 20% lower in a range between $225-$230.
Altria sank 3.2%...
Altria: JUUL Of Denial - JUUL (Private:JUUL) | Seeking Alpha
It is not rocket science to extrapolate how much of JUUL's fabulous growth is coming from this segment.
Investors should brace for the write-down and an explicit admission of the error from management. The stock has gotten cheaper...
The iQOS is about to drop, Juul leaves VTA over FDA lawsuit and Altria pushes flavor ban. Suddenly, it is all starting to make sense #regulatorycapture
Tobacco Giants Altria and Phillip Morris May Reunite
I saw the notifications that Greensmoke and Mark Ten were discontinued by Altria and did not really think too much of it since they invested/bought into Juul.
Yesterday I received a mailer at my PO Box. I discarded the packaging it was in (it was the same type of slick packaging that the...
Big news in the vaping world. Marlboro essentially bought 35% of the company that says they want to put them out of business.
Marlboro Maker Buys a Piece of Juul
Altria reports 10.8% cigarette volume decline in 2Q18, and a 7.6% decline in first half of 2018; reports 2.4% smokeless tobacco volume decline in 2Q18 and a 1.3% decline in first half of 2018; reports 16% e-vapor volume increase in 2Q18 (but doesn't provide data)
Press Release
Looks like lots...
This is From The News Article....What are your thoughts?
Is it possible for any one electronic cigarette to dominate the entire electronic cigarette industry? The answer is yes and the company that may be best positioned to establish that dominance is none other that the worlds largest...
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