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Home > Fearless, Adversarial Journalism – Spoken Edition > How Vaping Giant Juul Explains Everything That’s Wrong With Our World
Podcast: Fearless, Adversarial Journalism – Spoken Edition
Episode:

How Vaping Giant Juul Explains Everything That’s Wrong With Our World
Category: News & Politics
Duration: 00:08:58
Publish Date: 2018-12-31 17:32:14
Description: Twelve years ago, e-cigarettes couldn’t be found in America. Three years ago, Juul didn’t exist. But last Friday, Marlboro manufacturer Altria bought a 35 percent stake in the vaping juggernaut for $12.8 billion. The deal values Juul at $38 billion, a similar market capitalizationto that of Target, MetLife, Delta Air Lines, and Ford. Fifteen hundred Juul employees split a $2 billion dividend as a result, becoming instant millionaires overnight.
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