U.S. FDA to order Juul e-cigarettes off market – WSJ

(Reuters) – The U.S. Food and Drug Administration is preparing to order Juul Labs Inc to take its e-cigarettes off the market in the United States, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Shares in tobacco giant Altria Group Inc, which owns a 35% stake in Juul, were down 8% in morning trading after the report saying the agency’s decision could arrive as early as Wednesday. The verdict would come around two years after the vaping products maker applied for approval to keep selling e-cigarettes in the country, trying to prove that the products offer…

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