This is an excerpt from a Business 2.0 story a year ago. Golden Dragon is parent to Ruyan and its brands.
The few. The proud. The Onepercenters.
Working with an unnamed U.S. partner to get FDA approval, Golden Dragon expects to double current sales by the end of the year. Morgan Stanley analyst David Adelman says the e-cigarette would be lucky to snare even 1 percent of the U.S. cigarette market.
Still, that would add up to a healthy (cough) $750 million.
The few. The proud. The Onepercenters.