E-cig company Juul raised billions to pursue global domination, but a rash of challenges is raising questions about its strategy

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

As the US cracks down on e-cigs, Juul had been looking to expand internationally. But vaping restrictions are spreading around the world.

The fresh challenges put Juul in a tough spot. On Tuesday, the

Several investors told Business Insider they're confident that Juul will prevail amid the rising challenges. "I think Juul is a net public health benefit," said Gregg Smith, the founder and CEO of venture fund Evolution, which backed Juul in 2017. "I'm disappointed today that there are other issues clouding the mission of trying to get people off of cigarettes."

It is unclear if the moves are a response to the investigations and bans in the US, or to the barriers cropping up internationally.said Juul wrongly painted its devices as safer

 

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

Business Business Latest News, Business Business Headlines