JUUL funding 2015-2023
Juul Labs, the company that develops and produced JUUL e-cigarettes, has collected investments totaling 16.4 billion U.S. dollars. In 2020, Altria, the company behind Marlboro, acquired a 35 percent stake in Juul Labs. As of 2023, Juul is struggling in the United States due to regulatory issues. The Food and Drug Administration banned JUUL e-cigarettes in the U.S. in June of 2022, this ban was reversed at the beginning of June of 2024.