Electronic cigarette company July agreed to pay this Wednesday $462 million six US states to stop investigating the company’s alleged tactics to encourage vaping among minors.
“This is the largest multi-state agreement with Juul that includes the company’s most stringent restrictions on advertising and sales to protect minors and prevent them from using vapes,” New York Attorney General Letitia James said at a press conference. Colorado, Illinois, Massachusetts, New Mexico and the District of Columbia.
Prosecutors were investigating Yule on the grounds that he played a significant role in the crime. increased soaring speed among juveniles throughout the country.

Photo: Reuters
James noted that Juul will pay the State of New York $112 million, which will be used to fund programs for reduce smoking among minors.
For his part, in a statement, Juul assured that “this agreement with seven state attorneys general represents another fundamental part of our ongoing commitment to addressing the company’s past challenges.”
The company emphasizes that, under the terms of the agreement, “they will provide financial resources to combat the use of (electric cigarettes) by minors, as well as to develop smoking cessation programs.”
Juul notes that with this agreement, the company is close to a comprehensive solution to your legal problems and remember that he made deals with 47 states and territories of the country worth more than a billion dollars.
In addition, in December last year, the e-cigarette manufacturer reached an agreement in more than 5,000 cases submitted by some 10 thousand plaintiffs related to your vaping products.
At the time, Juul indicated that, as part of the litigation and conciliation process, he was unable to disclose the amount agreed with his plaintiffs, but indicated that he “provided a capital investment to fund the resolution” of the cases.
In March last year, the American tobacco company Altria, a cigarette manufacturer of the brand Marlboroannounced that it would buy vaping company NJOY, leaving rival firm Juul as an investor.
(EFE)
Source: Aristegui Noticias

Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.