Juul Labs raises $1.3 bln in funding

[ad_1] Juul brand vaping pens are displayed for sale at a Juul shop in Jakarta, Indonesia, December 30, 2019. Picture taken December 30, 2019. REUTERS/Ajeng Dinar Ulfiana Acquire Licensing Rights…

Big Tobacco turns to rooibos tea to counter upcoming ban

[ad_1] LONDON, Oct 16 (Reuters) – Big Tobacco firms including British American Tobacco (BATS.L) are selling heat sticks made from nicotine-infused substances such as rooibos tea, countering an incoming European…

Philip Morris develops zero-tobacco heat stick that may avoid regulations

[ad_1] The charger and the holder (top) of the electric tobacco heating system IQOS of cigarette maker Philip Morris Switzerland are displayed after a news conference in Bern, Switzerland November…

Emirati company buys 30% stake in Egypt tobacco firm Eastern Co.

[ad_1] CAIRO, Sept 3 (Reuters) – UAE’s Global Investment Holding Co. has agreed to buy a 30% stake in Eastern Co. (EAST.CA), Egypt’s main tobacco products maker, for $625 million,…