Marlboro maker Altria Group Inc. said on Thursday e-cigarette maker Juul Labs Inc. posted more than $1 billion in revenue in 2018, up from about $200 million a year earlier, the first official growth figures for the controversial vaping product.
Altria paid $12.8 billion to acquire a 35 percent stake in Juul in December 2018, getting a foothold in a segment that is quickly becoming an attractive alternative for smokers.
How many teens have you hooked, Juul? You and Altria are both despicable!
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