(September 8, 2019 at 7:39 pm)The Gentleman Bastard Wrote:Altria Group, Ballantyne Brands, Hay Island Holding, Reynolds American and Swedish Match AB are all big tobacco companies that have opposed regulation and taxes on e-cigarettes. These companies own a significant portion of e-cig companies. For example Altria Group (Marlboro) owns a 35% stake in Juul and VUSE is ultimately owned by Reynolds America. Ballantyne Brands owns NEO and Mistic.(September 4, 2019 at 5:53 pm)Vince Wrote: Why ban e-cigs but not cigarettes?
Because e-cigs are a threat to traditional big tobacco that doesn't want to compete with a new, safer (please note I am not saying they're safe, only safer than cigarettes) alternative to the poison big tobacco trades on, and big tobacco spends a ton of money on special interest every year keeping their crap legal.
Big tobacco companies are not against e-cigs they are investing in them and opposing regulation. This only makes business sense. The e-cig market is huge and tobacco companies have the money to buy/invest in these companies. I bet soon all will be owned by tobacco companies.
