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E-Cigs Like Juul Face 'Existential Threat' Over Teen Smoking, FDA Says

The Food and Drug Administration (FDA) is continuing to increase pressure on tobacco and e-cigarette makers to take significant measures to keep their products out of the hands of teens, with the agency indicating that Juul in particular needs to make good on its commitments to doing so. Now, FDA Commissioner Scott…Read more...
Tags: Science, Smoking, Fda, E Cigarettes, Teen Smoking, Juul, Scott, Food and Drug Administration FDA, Juuling


The CEO of one of the hottest marijuana vape startups says he's talking to bankers about an IPO in 2020

Pax Labs is aiming to go public in 2020, Bharat Vasan, the marijuana vape startup's CEO told Business Insider in a Thursday interview. Vasan said he's been talking to bankers and found the appetite for an IPO has been "overwhelmingly positive." The buzzy vape startup has landed equity investments from blue-chip firms like Tiger Global and Tao Capital Partners.  The CEO of one of the world's most popular marijuana vape startups says the company is looking to go public next year.  "We've been t...
Tags: US, San Francisco, Trends, Intel, Silicon Valley, Keurig, Tiger Global, Pax Labs, Juul, Business Insider, Altria, Pax, CPG, Tao Capital Partners, Vasan, Aurora Cannabis


The CEO of one of the hottest marijuana vape startups says the company is gearing up for an IPO this year

Pax Labs is aiming to go public this year, Bharat Vasan, the marijuana vape startup's CEO told Business Insider in a Thursday interview. Vasan he's been talking to bankers and found the appetite for an IPO has been "overwhelmingly positive." The buzzy vape startup has landed equity investments from blue-chip firms like Fidelity Investments, Tiger Global, and Tao Capital Partners.  The CEO of one of the world's most popular marijuana vape startups says the company is looking to go public this ...
Tags: US, San Francisco, Trends, Intel, Silicon Valley, Keurig, Pax Labs, Juul, Business Insider, Altria, Fidelity Investments, Pax, CPG, Tao Capital Partners, Vasan, Aurora Cannabis


The best Rx for teens addicted to vaping? No one knows

WASHINGTON (AP) — The nation’s top health authorities agree: Teen vaping is an epidemic that now affects some 3.6 million underage users of Juul and other e-cigarettes. But no one seems to know the best way to help teenagers who may be addicted to nicotine. E-cigarettes are now the top high-risk substance used by teenagers, […]
Tags: Health, News, Washington, Ap, Nation, Juul


Washington state lawmakers attempt again to raise the minimum legal age for tobacco sales

HB 1074 would raise the minimum legal age of sale of tobacco and vapor products, including electronic cigarettes such as Juul, from 18 to 21.
Tags: Health, News, Washington, Local Politics, Local News, Juul


Juul is spending $10 million on a TV ad campaign aimed at adults, amid criticism that its e-cigarettes get teens hooked

Juul, the popular e-cigarette company, announced it will be launching a $10 million TV advertisement campaign featuring ex-cigarette smokers who have made the switch to Juul's e-cigarettes. This comes after the company experienced a tumultuous year, as health officials and regulators criticized its use of social media ads and flavor options, considered to be aimed at underage teens.  Juul is pitching the commercials as aimed at adults who already have a nicotine habit, rather than encouraging ...
Tags: Instagram, Trends, Food And Drug Administration, Silicon Valley, Cnbc, Juul, Mimi, Twitter and Instagram, Twitter YouTube


The Shift: Juul’s Convenient Smoke Screen

After making billions of dollars and joining forces with Big Tobacco, Juul is trying to reinvent itself as a public-health crusader.
Tags: News, E-cigarettes, Juul, Altria Group Inc, Regulation and Deregulation of Industry, Advertising and Marketing, Smoking and Tobacco, Juul Labs Inc, Campaign for Tobacco-Free Kids, Big Tobacco Juul


Juul Tries To Salvage Reputation With Campaign About Smokers Quitting

Juul has faced lawsuits over its prevalent use among teenagers. Now, the company is highlighting adults who have switched from cigarettes to e-cigarettes.
Tags: News, Juul


Juul Is Leaning Hard Into Its New 'Adult Education Campaign'

Following increased pressure from the Food and Drug Administration (FDA), Juul Labs is taking a notably different approach from its ad campaigns of yore—the ones accused of making its e-cigarette products widely appealing to kids. The company unveiled new TV spots this week as part of its “adult education campaign”…Read more...
Tags: Science, Smoking, Teens, Vaping, E Cigarettes, Juul, Food and Drug Administration FDA Juul Labs


Big Deals, Life Sciences Push U.S. VC in 2018 to Dot-Com Boom Levels

Venture capital investments rose in 2018 to levels not seen since the heady days of 2000, the last year U.S. startups collectively took in more than $100 billion.That’s according to PitchBook and the National Venture Capital Association’s Venture Monitor report, released this week, which tallied nearly 9,000 deals made last year, through which venture investors sunk $130.9 billion into companies. That was about 500 fewer deals than in the year prior, but the total amount invested increased by $...
Tags: Deals, Startups, Lyft, Uber, Entrepreneurship, Funding, Trends, Vc, Software, Pwc, Venture Capital, Angel, National, WeWork, Magic Leap, Biotech


Of Course Steve Bannon Tried to Get a Job Lobbying for Juul

Former Trump advisor Steve Bannon is a comically evil man, so logically, he apparently tried to get a job lobbying for the vape company Juul, according to a new report from The Daily Beast.Read more...
Tags: Science, Fda, Vaping, Lobbying, Juul, Trump, Lobbyists, Vape Life, Steve Bannon, Nick Muzin


Juul launches “Make The Switch” TV campaign aimed at adult smokers

For Juul Labs, 2018 was a long year full of ups and downs, with the company coming under heavy scrutiny by the FDA over the popularity of the nicotine vaporizer with young people. But as we begin 2019, Juul is kicking off the year with a massive ad campaign focused on getting adult smokers to ‘make the switch’ to Juul. The marketing campaign is part of a broader effort to for the company fresh off a $12.8 billion financing from cigarette juggernaut Altria and a bout of withering criticism from t...
Tags: TC, US, Tech, Fda, Public Health England, Juul, Altria, Instagram Facebook, Juul Labs, James Monsees


A weed-tech startup backed by an early Juul investor and Canopy Growth just raised $12 million

Headset, a Seattle-based analytics firm for the marijuana industry, closed a $12.1 million Series A funding round. The round was led by Poseidon Asset Management, along with AFI Capital Partners, and Canopy Rivers, the venture arm of the publicly traded marijuana cultivator, Canopy Growth. Headset CEO Cy Scott told Business Insider in an interview that the funds will be used to expand the startup's presence in Toronto, and double their team by the beginning of next year.  Headset, an analytic...
Tags: US, Toronto, Trends, Canada, Patagonia, Headset, Seattle, Juul, Business Insider, Scott, Johnnie Walker, Seattle Washington, FAO Schwarz, Poseidon, Privateer Holdings, Poseidon Asset Management


Juul: The rise of a $38bn e-cigarette phenomenon

The controversial three-year-old Silicon Valley start-up sells e-cigarettes and is now valued at more than $38bn (£30bn).
Tags: News, Silicon Valley, Juul


Juul's $13 Billion Deal With Marlboro Maker Isn't Sitting Well With the FDA

Juul may be sitting pretty following its $12.8 billion deal with big tobacco giant Altria, but the U.S. Food and Drug Administration (FDA) is not amused.Read more...
Tags: Science, Smoking, Teens, Fda, Vaping, Juul, U S Food and Drug Administration FDA, Altria


F.D.A. Accuses Juul and Altria of Backing Off Plan to Stop Youth Vaping

Commissioner Scott Gottlieb says the terms of the new partnership between the two companies appear to undermine pledges they made to keep flavored nicotine pods off store shelves.
Tags: News, Food And Drug Administration, Nicotine, E-cigarettes, Juul, Altria, Altria Group Inc, Gottlieb, Scott Gottlieb, Regulation and Deregulation of Industry, Lobbying and Lobbyists, Smoking and Tobacco, Teenagers and Adolescence, Scott (1972-, Juul Labs Inc


Marijuana M&A is already hot in 2019, with a pot tech-vape tie-up worth $210 million

TILT Holdings, a publicly-traded marijuana company, said it is buying vaporizer company Jupiter Research for $210 million in cash and stock. The acquisition allows TILT to go after a new category — and one that represents "exponential growth" TILT executive Joel Milton said in an interview with Business Insider. TILT was created out of a four-way merger in May and went public on the Canadian Securities Exchange in December.  It's 2019, and the marijuana M&A market is already heating up. Canna...
Tags: US, Trends, Canada, Patagonia, Vape, Jupiter, Andrew Cuomo, Canaccord Genuity, Marlboro, Juul, Business Insider, Altria, Milton, CSE, Holdings, Sant


It’s the Jons 2018!

It was the best of years, it was the worst of years, it was the wokest of years, it was the most problematic of years, it was the year of AI, it was the year of scooters, it was the year of Big Tech triumph, it was the year of Big Tech scandals, it was the year of Musk’s disgrace, it was the year of Tesla’s redemption, it was the year of shitcoin justice, it was definitely not the year of AR or VR, it was the dumbest timeline, it was the spring of stanning, it was the winter of wtf. It was, in s...
Tags: Google, TC, Facebook, Mark Zuckerberg, Twitter, Europe, Elon Musk, Texas, Congress, Opinion, China, US, San Francisco, Tech, Tesla, Bitcoin


FDA Plans to Meet With E-Cigarette Makers Over Teen Vaping Concerns

The U.S. Food and Drug Administration (FDA) said it is planning to meet with the manufacturers of e-cigarette products over what it’s consistently called an “epidemic” of teen vaping. FDA Commissioner Scott Gottlieb said Thursday that he is contacting company heads of e-cig makers “to meet to discuss commitments they…Read more...
Tags: Science, Smoking, Fda, Vaping, E Cigarettes, Juul, U S Food and Drug Administration FDA, Scott Gottlieb


Carcinogens, monopolies, influence-peddling: Juul is a microcosm with everything wrong in the world

Juul just handed out $2 billion in dividends, making 1,500 employees into overnight millionaires; the cash came from Altria-Marlboro's 35%, $12.8 billion buyout of the company -- and everything about the story stinks. As David Dayen from The Intercept explains, the vaping industry has gutted the smoking industry -- and the smoking industry's attempts to catch up with their own offerings have failed miserably. In a world of competitive markets, this would be pretty normal: a disruptive innov...
Tags: Post, Business, Kids, News, Washington, Fda, Vaping, Wall Street Journal, Marlboro, Juul, Altria, David Dayen, Late Stage Capitalism, Monopolism, Altria Marlboro, Howard Willard


The 10 largest US venture rounds of 2018

Three U.S. companies raised more than $1 billion in just one funding round in 2018, a year in which total deal value for U.S. startups is expected to surpass $100 billion for the first time. For the most part, it was the usual suspects, and yes, SoftBank was an accessory in many of these rounds. Here’s a look at the 10 largest venture rounds of 2018. Epic Games: $1.25 billion The video game Fortnite Battle Royale was the star of the year 2018; more than 200 million players worldwide are regis...
Tags: Amazon, Startups, Lyft, Uber, New York, India, Softbank, Funding, US, San Francisco, Tech, Netflix, Canada, Atlantic, Middle East, Venture Capital


Thanks to vaping, decades of anti-smoking progress in teens has been wiped out

For two decades, adolescent smoking has been on the decline, but thanks to vaping products like Juul (which has 75% of the market), teen smoking just jumped by levels not seen for 43 years. Almost all the kids who vape are vaping nicotine: a toxic and highly addictive substance (source: smoker for 17 years, ex-smoker for 18 years). Juul's income growth over the past year? 800%. Nearly all of the increase comes from an increase in vaping nicotine, and my skepticism about this disappeare...
Tags: Post, News, Smoking, Addiction, Vaping, Juul, Late Stage Capitalism, Kevin Drum Mother Jones


How Juul made vaping viral to become worth a dirty $38 billion

A Juul is not a cigarette. It’s much easier than that. Through devilishly slick product design I’ll discuss here, the startup has massively lowered the barrier to getting hooked on nicotine. Juul has dismantled every deterrent to taking a puff. The result is both a new $38 billion valuation thanks to a $12.8 billion investment from Marlboro Cigarettes-maker Altria this week, and an explosion in popularity of vaping amongst teenagers and the rest of the population. Game recognize game, and Al...
Tags: Apple, Health, Social, Fundings & Exits, Startups, TC, Gadgets, Ecommerce, Tobacco, South Park, Cdc, Opinion, Funding, Israel, US, Tech


Hey Juul Employees, What Are You Going to Do With Your Big Tobacco Riches?

Following news that Juul had secured a massive, nearly $13 billion deal with Big Tobacco, it was also revealed that staff of the vape company stood to receive bonuses potentially reaching in the multimillions.Read more...
Tags: Health, Science, Smoking, Juul, Altria, Big Tobacco


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Friday. Facebook could be quietly building a cryptocurrency for WhatsApp. According to Bloomberg, the Silicon Valley tech giant is reportedly trying to build a "stablecoin" pegged to the value of the dollar. Amazon accidentally sent 1,700 Alexa recordings to the wrong person, including audio from in the shower. A German magazine reported on Thursday that someone requested their personal data from Amazon and was shocked to discover 1,700...
Tags: Amazon, Facebook, UK, Washington, US, Trends, Bloomberg, Iran, Ap, Bangladesh, Ibm, Silicon Valley, Pentagon, Gatwick Airport, Juul, Alexa


Altria takes stake in Juul e-cigarettes for $12.8 bn

US tobacco giant Altria, maker of major brands such as Marlboro and Chesterfield, announced Thursday that it will buy a 35 percent stake in popular e-cigarette maker Juul for $12.8 billion. The deal comes as US regulators increase scrutiny of usage among young consumers of the fast-growing vaping products that tobacco companies hope will compensate for declines in conventional cigarette sales. The investment more than doubles the value of Juul to $38 billion.
Tags: News, US, Chesterfield, Juul, Altria


Altria Buys 35 Percent Stake In E-Cigarette Maker Juul

The $12.8 billion deal gives the parent company of Philip Morris a way to hedge its bets as U.S. cigarette smoking declines. And it gives Juul a powerful partner as it faces scrutiny over teen vaping.(Image credit: Scott Olson/Getty Images)
Tags: News, Philip Morris, Juul, Altria


Snap employees will not receive cash bonuses for the second straight year (SNAP)

Snap employees will not receive cash bonuses for the second straight year, according to a report by Cheddar.  Instead, individual employees may receive performance-based bonuses in the form of stock options.  Thursday's news caps a rough 2018 for Snap, which the saw its stock and user numbers decline. On the same day its stock fell below $5 for the first time, a report by Cheddar on Thursday indicated that Snap employees would not receive cash bonuses for a second consecutive year.  According...
Tags: Trends, Imran Khan, Evan Spiegel, Drake, Juul, Nick Bell, Google Pixel


Juul's 1,500 employees may receive million-dollar bonuses this holiday season as part of the company's recent $12.8 billion funding round (MO)

Juul will put $2 billion of its recent $12.8 billion funding round raised from t obacco giant Altria toward employee bonuses, according to a report from CNBC.  With around 1,500 employees at Juul, that means each employee on average could receive a $1.3 million bonus. Bonus amounts will depend on many factors, including how long employees have been at Juul and how many stock option they've been granted, according to the report.  Altria's investment puts Juul's valuation at $38 billion...
Tags: Google, China, Singapore, San Francisco, Trends, Silicon Valley, Cnbc, Marlboro, Juul, Altria, Airbnb Pinterest, Altria America


Juul's 1,500 employees may receive million-dollar bonuses this holiday season after the company's recent $12.8 billion funding round (MO)

Juul will put $2 billion of its recent $12.8 billion funding round raised from the t obacco giant Altria toward employee bonuses, according to a report from CNBC.  With about 1,500 employees at Juul, that means each employee on average could receive a $1.3 million bonus. Bonus amounts will depend on many factors, including how long employees have been at Juul and how many stock options they've been granted, according to the report.  Altria's investment puts Juul's valuation at $38 bil...
Tags: Google, Amazon, China, San Francisco, Trends, Silicon Valley, Cnbc, Marlboro, Juul, Altria, Airbnb Pinterest, Altria America, CNBC With