What's the figure, 80% of vaping is already owned by BT with Vuse, Blu, and Juul already? We're tiny in comparison. Amazing if they spent time to kill off that 20%, especially if it means giving up flavors on their own products. In the meantime there was this little quote off of wnbc this morning. I guess we know who's ' profiting from this stuff going on.
"Altria Group Inc. said that K.C. Crosthwaite will become JUUL's new CEO, replacing Burns. Crosthwaite served as Altria's chief growth officer."
"Philip Morris International Inc. CEO André Calantzopoulos said Wednesday that the companies will instead focus on launching IQOS in the U.S. IQOS is a heat-not-burn cigarette alternative made by Philip Morris.
It was Crosthwaite, who will take over Juul, who headed the development of IQOS.
Altria's stock climbed 3.5% before the market opened, while shares of Philip Morris jumped 7.7%."
Juul to End Advertising and Lobbying Efforts of E-Cigarette