JUUL LABS STOPS THE SALE OF MINT JUULPODS IN THE UNITED STATES

In light of the studies released this week relating to the 2019 National Youth Tobacco Survey and Monitoring the Future survey, JUUL Labs’ CEO K.C. Crosthwaite announced that the company will immediately stop accepting orders from our retail partners for our Mint JUULpods in the U.S. and cease the sale of Mint JUULpods in the U.S. through our ecommerce site (JUUL.com). In making the announcement, Crosthwaite said: “These results are unacceptable and that is why we must reset the vapor category in the U.S. and earn the trust of society by working cooperatively with regulators, Attorneys General, public health officials, and other stakeholders to combat underage use. We will support the upcoming FDA flavor policy and will follow the PMTA process.” As part of Crosthwaite’s review of JUUL Labs’ policies and practices, the company has already:
  • Refrained from lobbying the Administration on its draft flavor guidance.
  • Suspended all broadcast, print, and digital product advertising in the U.S.
  • Stopped the sale of Mango, Creme, Fruit, and Cucumber JUULpods online in the U.S., pending FDA review. In November 2018, JUUL Labs stopped the distribution of these JUULpods to all of our traditional retail store partners.
  • Announced a restructuring plan aimed at aligning the company’s organization and resources behind key priorities: earning trust by reducing and preventing underage use, investing in scientific research to ensure the quality of its PMTA application in the U.S., and expanding its commitment to develop new technology.
  • Ceased active support of Proposition C in San Francisco.
Crosthwaite and the leadership team will continue to review JUUL Labs’ policies and practices and will take appropriate actions as the company works to combat underage use and earn society’s trust. As of today, JUUL Labs sells only Virginia Tobacco, Classic Tobacco, and Menthol JUULpods in the U.S. and it will not sell any others under any name unless they are first authorized by the FDA as part of the PMTA proc

In the last twelve months, the value of a single unit of Bitcoin has risen from less than $10,000 to more than $30,000. Companies including Square and IBM are using blockchain, the technology behind the currency, to design and improve digital payments methods.

But what can you actually buy with Bitcoin?

As it turns out, an awful lot. What it won’t always be is easy. buy antminer

“Bitcoin is just not the most efficient currency yet,” said Henry Elder, the head of wealth management at Wave Financial, a digital assets firm in Los Angeles.

For example, one can purchase goods from Amazon with Bitcoin, using a third party service called Purse.

The way Purse is supposed to work is this: A customer selects the items he or she wants to buy on Amazon, then copies the URLs and returns to Purse, which processes the transaction, using gift cards it’s acquired from people who want cryptocurrency.

Purse guarantees its customers a minimum discount of five percent off Amazon’s list prices and adds the option of negotiating to receive up to fifteen percent off.

I tried getting a $42.99 pack of 20 black KN95 masks with money I put in a Bitcoin wallet, but when it came time to click “order,” the total price — with fees — was $47.47, and that was including the eight percent discount I proposed paying.

Since I’d received a pop-up message from a Purse customer service rep named Eduardo from Buenos Aires offering technical assistance, I reached out and got back an automated message saying Eduardo “was away” and that the typical response time for queries is a couple of hours.

The whole thing felt a lot like ordering from Uber Eats, except that there wasn’t even a bag of cold food at the end. It definitely wasn’t like buying directly through Amazon with one click. bitcoin mining machine

In 2014, Overstock became one of the first big e-sellers to accept direct Bitcoin payments. It subsequently went on to develop a number of businesses related to blockchain.

In an interview last week, the company’s chief executive, Jonathan Johnson, made plain that there isn’t an obvious overlap between the selling of closeout sofas and the rethinking of the world’s major currencies. Bitcoin isn’t a very big source of Overstock’s revenue. bitcoin minning

During the first three quarters of 2020, the site had revenue of almost $2 billion, according to its earnings reports. An average of $30,000 to $50,000 a week came from cryptocurrency, said Mr. Johnson. “Our demographic skews hard towards women and Bitcoin purchasers tend to be men,” he said. “It’s a different customer segment.” buy antminer, buy bitcoin bitcoin bitminers bitminning bitcion

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