Scratch the mango e-juice... For the first time, the FDA has authorized an e-cigarette to stay on the US market. Refresher: Juul, Puff, and others still don't have the green light. The FDA authorized three Vuse vaping products from Camel-maker R.J. Reynolds, one of the world's largest cigarette companies. Unlike competitors, this vape is far from “cute”:
First Vuse... The landmark decision means the FDA thinks some vapes could offer more benefits than risks — keyword: “some." The FDA rejected 10 other flavored Vuse products, which are popular with teens. As global tobacco use falls, smokers are trading paper for puffable nicotine tech. The e-cig market was worth $14B last year, and is expected to hit $22.5B by 2026. So far the FDA hasn't been sipping the e-juice.
Vice companies can’t have it all... Companies in industries like tobacco, alcohol, drugs, and weapons face unique risks. Case in point: Tobacco giant Altria, which bought a 35% stake in Juul, has been dealing with a torrent of litigation as regulators blamed Juul's marketing and Jamba Juice-inspired flavors for a teen-vaping epidemic — and Altria has lost billions. Juul and Puff rose to popularity thanks to their branding, but they may have to be more conservative like Vuse if they want to survive.