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Juul got billions from Altria, parent company of Philip Morris which makes things like Malboro. Doesn't make sense for a tobacco giant to lobby against itself,
by lovehashbrowns 7y ago
Juul got billions from Altria, parent company of Philip Morris which makes things like Malboro. Doesn't make sense for a tobacco giant to lobby against itself, unless it was a competitor lobbying specifically against PM/Altria.
- dr_dshiv 7y agoIt does! A pack of cigarettes is about $0.06 to manufacture. A world of heavily regulated guaranteed profits is better than a world where you are subject to technology disruption. Juul could easily be replaced by some better tech, which almost certainly wouldn't come from Altria. I absolutely believe the cigarette companies are behind some part of the current PR kill-job on ecigs. They simply benefit the most.
- lovehashbrowns 7y agoThat could be true, yeah. boourns311's comment also helped me understand the viewpoint a little better. I'd be a little surprised if they were investing in Juul while also trying to sweep it away, but it's the tobacco industry. They're always doing anything they can to keep themselves afloat.