Tag: juul

Juul inventor’s Myst lands funding as institutional investors turn to China’s e-cigs

Over the past several years, institutional investors had largely shied away from China’s e-cigarette makers, an industry that was teeming with shoddy workshops and lacked regulatory oversight. But investors’ attitude is changing as China sets in motion its strictest ever regulation on electronic cigarettes. Myst Labs, a Chinese e-cigarette maker…

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Juul is reportedly laying off 800 to 950 employees

Juul is set to eliminate between 800 to 950 jobs, according to a new report from The Wall Street Journal. Those massive cuts would amount to around a third of the Bay Area vaping giant’s entire workforce. While the news comes amid a deluge of layoff reports, Juul’s troubles are…

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With cinnamon, fruit and mint-flavored nicotine gum, is LA’s Lucy Goods the next Juul?

David Renteln, the Los Angeles-based co-founder of Soylent and the co-founder and chief executive of new nicotine gum manufacturer Lucy Goods, thinks there should be a better-tasting, less-medicinal offering for people looking to quit smoking. That’s why he founded Lucy Goods, and that’s why investors, including RRE Ventures, Vice Ventures…

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How companies are working around Apple’s ban on vaping apps

Apple banned vaping apps in November 2019. Since then, the company has said very little about its decision, leaving many companies upset and confused about its blanket prohibition. Three months later, companies are working around Apple’s ban. Here’s how they’re doing it. Apple’s wide-sweeping ban on vaping affected apps from…

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Lawsuit alleges Juul advertised in Seventeen Magazine, Nick Jr. as part of campaign explicitly targeting kids

A lawsuit filed by the Massachusetts attorney general includes new details about how the company intentionally marketed illegally to teens, including advertising on websites for Seventeen Magazine, Cartoon Network, Nickelodeon and Nick Jr. The suit from Attorney General Maura Healey makes good on the 2018 announcement from her office that…

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