Juul CEO steps down, company promises to follow Trump ban

Juul announced Wednesday morning that its CEO would step down and that the company would not lobby the Trump administration on its looming ban of flavored vapor products.

Public health groups criticized Juul's decision to install a tobacco executive as its new leader and said the company's new prohibition on advertising was nothing more than a PR move. Philip Morris International, which split from Altria in the early 2000s, also announced this morning that the two companies had ended recent talks to rejoin the companies. Instead, it will focus on its own smokeless tobacco product lines in the U.S.

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Because they got a big investment from a tobacco company

Never good good for capitalism

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