News Formal

Here's why the maker of Marlboro cigarettes is reportedly looking to make a bet on Silicon Valley's favorite e-cig company

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Altria, the $100 billion tobacco giant that makes Marlboro and Parliament cigarettes, is reportedly in talks to take a stake in e-cig maker Juul.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Come on. This is another drug delivery system. Nicotine is only one potential product. All about $$$.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Marlboro maker Altria takes 35% stake in e-cigarette company JUULMarlboro producer Altria took a 35% stake in JUUL, investing $12.8 billion in the e-cigarette maker. MadMoneyOnCNBC's Jim Cramer weighs in: MadMoneyOnCNBC Wait...big tobacco invested in e cigs? MadMoneyOnCNBC Are those e-cig IOT enabled?
Source: CNBC - 🏆 12. / 72 Read more »