E-Cigarettes Maker Njoy Gets $75 Million Funding, Some From Sean Parker Ex-Napster and Facebook exec Sean Parker is part of a group of backers who've injected some $75 million into electronic ...
he jokes. That future is a few years off: The 39-year-old patent attorney, inventor and hedge fund manager runs NJOY, the category leader in the $300 million-a-year e-cigarette market—which is ...
Oral tobacco sales were up 5.5% net of excise taxes compared to a 10% drop in domestic cigarette volumes. In part, that was caused by growth in illicit e-vapor products. Yet Altria’s own NJOY e ...
Senators grill FDA regulators and Justice Department officials over rise of unauthorized e-cigarettes Government agencies have cracked down on a handful of manufacturers of e-cigarettes ...
For example, the U.S. e-cigarette and vape market is expected to compound with almost a 30% CAGR by 2030. In this niche Altria has a flagship NJOY product, which is also gaining traction.
Altria (NYSE: MO) is a giant in the cigarette business ... most recently buying the NJOY vaping brand. Plugging that upstart's product into its massive distribution and marketing network has ...
as robust demand for its nicotine pouches and e-cigarettes helped soften the hit to its cigarettes category. Altria's NJOY vapes and on! nicotine pouches have seen steady demand in the United ...
(Reuters) - Altria Group beat market expectations for third-quarter revenue and profit on Thursday, as robust demand for its nicotine pouches and e-cigarettes helped soften the hit to its cigarettes ...