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Tag: "e-cigarettes"

Johnson Creek teams with Republic for distribution

Johnson Creek teams with Republic for distribution

March 14, 2014 | Comments (0)

Johnson Creek Enterprises, the leading manufacturer of e-liquid in the U.S., has teamed up with Republic Tobacco, the nation’s largest distributor of roll-your-own and make-your-own tobacco products and accessories, to distribute Johnson Creek’s e-cigarette hardware and e-liquids nationally in the U.S. “This is a perfect fit for both of our companies,” says Christian Berkey, Johnson […]

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Altria acquires Green Smoke

Altria acquires Green Smoke

February 3, 2014 | Comments (0)

Altria Group’s NuMark subsidiary has acquired the e-vapor business Green Smoke for $110 million in cash plus up to $20 million in incentive payments, reports Wells Fargo Securities. Posting $40 million revenue in 2013, the majority of Green Smoke’s sales are online in the U.S. The company’s retail sales in convenience stores were $3.9 million […]

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PMI and Altria to cooperate on e-cigs

PMI and Altria to cooperate on e-cigs

December 22, 2013 | Comments (0)

Philip Morris International and Altria Group have established a strategic framework to commercialize reduced-risk products and e-cigarettes. Under the terms of a set of licensing, supply and cooperation agreements, Altria will make available its e-cigarette products exclusively to PMI for commercialization outside the United States and PMI will make available two of its candidate reduced-risk […]

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Imperial to buy Dragonite's e-cigarette business

Imperial to buy Dragonite’s e-cigarette business

September 5, 2013 | Comments (0)

Imperial Tobacco Group (ITG) will buy Dragonite International’s e-cigarette business for $75 million, reports Bloomberg Businessweek. The acquisition depends on the approval of Dragonite shareholders. Simon Evans, spokesman for Imperial, said the acquisition is not related to ITG’s August announcement that it was on track to introduce its own alternative nicotine products in 2014 through […]

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Morgan Stanley shares thoughts on e-cigs

Morgan Stanley shares thoughts on e-cigs

August 16, 2013 | Comments (0)

In a report summarizing “key thoughts” on e-cigarettes, financial services provider Morgan Stanley acknowledges it has been surprised by the success of e-cigarettes, given the commercial failures of other innovative products such as Accord and Eclipse and the slower-than-envisioned development of tobacco segments such as snus and dissolvables. E-cigarettes have already achieved volume equivalent to […]

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Goldman Sachs “bullish” on e-cigs

Goldman Sachs “bullish” on e-cigs

August 9, 2013 | Comments (0)

Goldman Sachs analysts said Aug. 7 that they remain bullish on category growth prospects for e-cigarettes, which “have the potential to transform the tobacco industry.” However, they noted that not all tobacco companies would benefit equally, as e-cigarette growth could simultaneously accelerate the decline in conventional cigarettes. E-cigarettes currently account for less than 1 percent […]

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“E-cig no more risky than smokeless”

“E-cig no more risky than smokeless”

August 9, 2013 | Comments (0)

A study funded by The Consumer Advocates for Smokefree Alternatives suggests that e-cigarettes are no more risky than other smoke-free tobacco and nicotine products. After reviewing more than 9,000 “observations” about the chemistry of e-cigarette vapor and e-liquids, Igor Burstyn of the Drexel University School of Public Health found “no evidence that vaping produces inhalable […]

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Coresta e-cigarette task force to present first report

Coresta e-cigarette task force to present first report

July 21, 2013 | Comments (0)

Coresta’s new e-cigarette task force will present its first report during the organization’s Smoke Science and Product Technology meeting in Seville, Spain, Sept. 29-Oct. 3, 2013. Although e-cigarettes do not contain tobacco, Coresta members in November agreed to establish a task force dedicated to this new product category. The interest in e-cigarettes has been growing […]

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Ex-Facebook president invests in e-cigarettes

Ex-Facebook president invests in e-cigarettes

June 10, 2013 | Comments (0)

A group including Silicon Valley entrepreneur Sean Parker is investing $75 million is NJOY, a leading manufacturer of e-cigarettes, reports The Wall Street Journal. Parker co-founded the music-sharing site Napster, was the first president of Facebook and has been a big donor to cancer research. NJOY accounted for 35.6 percent of the U.S. cigarette market […]

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Digital e-cigarette a game changer

Digital e-cigarette a game changer

June 7, 2013 | Comments (0)

R.J. Reynolds Vapor Co., a subsidiary of Reynolds American, is bringing its Vuse Digital Vapor Cigarette to retail outlets throughout Colorado, USA. “This is a game-changing product in the e-cigarette category,” says Stephanie Cordisco, president of RJRV. “There is strong awareness of the category among adult smokers and many are trying e-cigarettes, but few adult […]

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