Juul Labs said Thursday the Food and Drug Administration has authorized the sale of its e-cigarette device and refill cartridges in tobacco and menthol flavors, after years of struggle with heightened regulatory scrutiny. The decision will offer a new lease of life to the vape maker, which came close to filing for bankruptcy following a federal ban in … Read more
Mimi Sweeney was 17 when a friend messaged her about an exclusive email invitation from Pax Labs for the launch party of the company’s “revolutionary new vapor product, Juul.” When she walked into Jack Studios in Manhattan’s Chelsea neighborhood, in June 2015, the teen — who was an occasional cigarette smoker — saw a dance … Read more
Juul Labs has agreed to pay $1.2 billion to resolve about 10,000 lawsuits targeting the e-cigarette maker as a major cause of a US youth-vaping epidemic, Bloomberg News reported on Friday, citing people familiar with the matter. Last week, Juul said it had settlements with about 10,000 plaintiffs covering more than 5,000 cases in California. The company chose not to disclose … Read more