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Supreme Court Hears Case Against FDA Ban On Flavored Vapes: Here Are The Stocks To Watch
Monday, December 2, 2024 - 5:53pm | 648The U.S. Supreme Court heard a challenge against the Food and Drug Administration (FDA) Monday about past bans on flavored liquids for e-cigarettes and vapes. What Happened: Triton Distribution brought a case to the U.S. Supreme Court, challenging the law that allows the FDA to control the...
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E-Cigarettes: Deadly Trap For Kids, Says World Health Organization Report, Slamming Tobacco Industry's Marketing Tactics
Thursday, May 23, 2024 - 3:00pm | 871The World Health Organization (WHO) and the global tobacco industry watchdog STOP have unveiled a new report, "Hooking the Next Generation," which exposes the tactics used by the tobacco and nicotine industry to ensnare youth worldwide. The report highlights how these industries allegedly...
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E-Cigarette Use Poses Severe Respiratory Threat To Young People Within 30 Days: Study
Wednesday, August 16, 2023 - 4:29am | 393Research indicates that e-cigarettes can cause respiratory issues in just 30 days of consumption, CNBC reports. Researchers from the Center for Tobacco Research at The Ohio State University Comprehensive Cancer Center and the Southern California Keck School of Medicine analyzed four years of online...
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Tobacco Stocks Volatile Ahead Of Key FDA Vaping Ban Decision
Thursday, September 9, 2021 - 12:19pm | 759The Food and Drug Administration (FDA) is expected to make a critical ruling on vaping on Thursday that could potentially create some extreme volatility among tobacco and cannabis stocks. FDA Ruling Imminent: The FDA is expected to issue new rules restricting or completely banning millions of e-...
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Vape Mail Ban Is In Effect: What To Expect
Wednesday, April 7, 2021 - 2:26pm | 1435This article by Kevin O was originally published on TVape, and appears here with permission. On December 21, 2020, Congress passed the Consolidated Appropriations Act of 2021, a spending bill to provide stimulus to the American people during Covid. But it sneakily applied a vape mail ban as...
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Congress Passes Spending Bill That Raises Tobacco, E-Cigarette Buying Age To 21
Thursday, December 19, 2019 - 3:28pm | 554The age for buying tobacco and e-cigarettes will rise from 18 to 21 in the United States under a budget measure passed by Congress Thursday. Trump Plans To Sign Bill The measure, the most dramatic change in the tobacco product law in more than a decade, is part of a $1.4-trillion...
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Which Tobacco Companies Are Most Exposed To E-Cigarette Headwinds?
Wednesday, November 27, 2019 - 3:05pm | 887With the e-cigarette industry continuing to face fallout from illnesses and deaths linked to vaping, and the regulatory future of the business up in the air, here's a look at which public companies are most exposed to changes in the e-cigarette landscape. More than 45 lung injury deaths...
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Juul, Facing Regulatory Crackdown, To Lay Off 500
Tuesday, October 29, 2019 - 10:20am | 482Juul Labs Inc. will reportedly about 500 employees by January in anticipation of damaging regulatory developments. The layoffs could reduce the e-cigarette maker's workforce by 10% to 15%, The Wall Street Journal reported Monday. The move is a sharp reversal of a rapid...
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Flight Attendants Union Asks FAA To Ban E-Cigarettes On Airplanes
Thursday, October 10, 2019 - 10:53am | 382At least 265 incidents in the air or at airports have involved lithium-ion batteries since 1991, according to the FAA. Out of those 265, a minimum of 48 smoke or fire incidents were from lithium batteries in e-cigarettes, which is more than the number caused by cell phones, laptops,...
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The Latest On Juul: Congress Threatens Subpoena; China, India Halt Sales
Wednesday, September 18, 2019 - 4:15pm | 471E-cigarette maker Juul, partly owned by tobacco company Altria Group Inc (NYSE: MO), was notified by a U.S. House panel Wednesday that it is not cooperating with a congressional probe and may face a subpoena, CNBC reported. What Happened In The US A House subcommittee responsible for overseeing...
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Michigan Governor Moves To Ban Flavored E-Cigarettes
Wednesday, September 4, 2019 - 12:19pm | 422Michigan is about to become the first state in the country to ban flavored e-cigarettes in a bid to protect kids from becoming addicted to nicotine through the vaping devices. Michigan Gov. Gretchen Whitmer is sidestepping state lawmakers by pushing the ban through as an emergency...
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Altria, Philip Morris Discuss Reunion Merger: Analyst Says Deal Makes 'Strategic Sense'
Tuesday, August 27, 2019 - 12:49pm | 357Cigarette maker Philip Morris International Inc. (NYSE: PM) said Tuesday it's in discussions about the possibility of reuniting with industry leader Altria Group, Inc. (NYSE: MO) in a possible blocbuster all-stock merger that would create a massive $200-billion-plus company...
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Tobacco Stocks React As FDA Investigates Reports Of Seizures After Vaping
Wednesday, August 7, 2019 - 3:16pm | 285Tobacco shares are trading lower after CNBC reported emerged the FDA is investigating 127 reports of seizures after vaping. The FDA has received around 92 new reports of people, especially kids and young adults, experiencing seizures after using e-cigarettes since it first announced its...
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FDA Issues Guidelines for E-Cig Makers Seeking Approval Of Vape Devices
Tuesday, June 11, 2019 - 2:55pm | 517The Food and Drug Administration released new guidelines Tuesday for manufacturers seeking approval to continue selling e-cigarettes, or vaping devices, and the liquids used in the devices to deliver nicotine. What Happened Under FDA regulation of e-cigarettes that began in 2016,...
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Walmart Raises Tobacco Purchase Age To 21, Phases Out Fruit-Flavored E-Cigarettes
Wednesday, May 8, 2019 - 3:41pm | 485Walmart Inc (NYSE: WMT) said Wednesday that it's raising the purchase age for tobacco products at its U.S. stores to 21 beginning July 1. The retailer's stock and Big Tobacco stocks were trading down Wednesday afternoon, although not drastically. What Happened The move, which John...