Juul revolutionized e-cigarettes — and now the industry's in jeopardy

  • 📰 CNBC
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The e-cigarette market was just starting to emerge at the start of the decade. Sales surged over the past 10 years, but teen vaping and health concerns have put the industry's future in jeopardy.

The e-cigarette industry was a nascent category in 2010, with sales mostly coming from online channels.

Now, the optimism has screeched to a halt: Federal data shows that more than one-quarter of high school students say they vape thanks to the sleek device popularized by the company Juul.The shift shows how the smoking epidemic's potential solution — pushed by companies, health groups and regulators — morphed into a crisis of its own. Cigarette smoking kills about half a million Americans every year, making it the leading cause of preventable death in the U.S.

NJOY and Blu wanted to sell their products where smokers bought cigarettes. Jason Healy, founder of Blu, knew there was an opportunity. He was a smoker himself. It wasn't clear whether e-cigarettes would catch on with smokers. Tobacco companies had tried — unsuccessfully — to bring alternatives to U.S. consumers before.

Then came a product that would revolutionize the industry and transform public perception of e-cigarettes.

 

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:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

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

How Bite Is Revolutionizing Toothpaste And The Oral Care IndustryWith one billion plastic toothpaste tubes ending up in landfills and our oceans each year, Bite founder and CEO Linsday McCormick is committed to revolutionizing the oral care industry. She has created sustainable Bite toothpaste tablets and bamboo toothbrushes that greatly reduce waste.
Source: ForbesWomen - 🏆 477. / 51 Read more »