The Market Ticker - Smoker .v. Teen - An Interesting Perspective
The brainchild of two Stanford University design students, Juul launched in 2015 and quickly leapfrogged over its competitors to become the top-selling e-cigarette in the U.S. Today, the privately held company controls nearly three-quarters of the $3.7 billion-dollar retail market for e-cigarettes, spawning dozens of copycat brands along the way.
With Juul’s rise came an explosion of underage vaping, alarming public health officials and lawmakers. Last year, 1 in 5 U.S. high school students reported vaping in the previous month, according to a government survey.
Here’s what I didn’t know (never having used any sort of tobacco “vape” device) — what Juul managed to do was change the formulation for the nicotine in…….
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Source: https://www.market-ticker.org/akcs-www?post=235728
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