FDA restricts sales of most flavored e-cigarettes to curb 'astonishing' surge in teen vaping, pursues menthol ban
Publishing timestamp: 2018-11-15 15:09:46
Summary
The FDA will restrict sales of most flavored e-cigarettes to stores that prohibit minors and will pursue bans on menthol cigarettes and flavored cigars in an effort to combat the surge in teen e-cigarette use. Companies like Juul, Altria, and Imperial Brands have submitted plans to the FDA to curb youth use of their products. Anti-tobacco groups are applauding the FDA's actions, but some believe the restrictions do not go far enough. Stocks of tobacco companies like BAT and Imperial Brands fell following the news.
Sentiment: NEGATIVE
Tickers: MO, IMB-GB, BATS-GB, 2914.T-JP,
Keywords: british american tobacco plc, donald trump, health care industry, business, business news, tobacco industry regulation, beverage and tobacco products manufacturing, industry regulation, altria group inc, fda, youth tobacco use, japan tobacco inc, imperial brands plc, food and drink, alex azar, retail industry, food,