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Buy Raw Paper Juul-Wrap is an American electronic cigarette company which spun off from Pax Labs in 2017. It makes the Juul e-cigarette, which packages nicotine salts from leaf tobacco into one-time use cartridges. However, Juul received a $2 billion bonus to distribute among its 1,500 employees.
Moreover, he Juul became the most popular e-cigarette in the United States at the end of 2017 and had a market share of 72% as of September 2018. Its widespread use by youth has triggered concern from the public health community and multiple investigations by the U.S. Food and Drug Administration.
Most importantly, Co-founder James Monsees worked as Chief Product Officer and board member at Juul. Co-founder Adam Bowen worked as Chief Technology Officer and board member at Juul. Meanwhile, other board members include Nicholas Pritzker, whose family owned chewing tobacco giant Conwood, Riaz Valani, and Hoyoung Huh.
Furthermore, in July 2018, Juul raised $650 million, giving it a valuation of $15 billion. On December 20, 2018, Altria, one of the world’s largest cigarette manufacturers, bought 35% of Juul for $12.8 billion. According to Wells Fargo, the deal valued Juul Labs at $38 billion.
In conclusion, as a result of a former attorney general, lobbying attorneys general for the vaping industry has called into question the ethics of Coakley’s work for Juul, a leader in the electronic cigarette industry accused of marketing addictive nicotine products to youths. Buy Raw Paper Juul-Wrap