Addictions: Old nicotine meets new nicotine
Altria, the maker of Marlboros, is in talks to invest in e-cigarette maker Juul and in a Canadian cannabis company, said Jennifer Maloney in The Wall Street Journal. Altria holds 46 percent of the U.S. market for traditional cigarettes. Its share price has fallen 20 percent as cigarette sales have declined. Some Juul employees are upset that “the startup is entertaining selling a significant stake to the tobacco company.”