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Vaping debate heads to the White House

Nov. 22, 2019 9:13 AM ETBTI, MO, IMBBY, VGR, PM, GLLA, VAPE, JUULBy: Clark Schultz, SA News Editor60 Comments
  • President Trump is meeting later today at the White House with both vaping industry executives and public health advocates to hear both sides of the issue.
  • Industry watchers think the administration has concerns over the health risk of vaping and impact on teenagers, but is likely to back off a full ban on flavored e-cigarettes due to political considerations like the impact on small business employment and young voters.
  • The latest report from the CDC indicates 2,290 cases in the U.S. of lung injuries linked to vaping and 47 confirmed deaths.
  • Some kind of statement from the White House on vaping could be made in the afternoon following the summit.
  • Related stocks: Altria (NYSE:MO), Philip Morris (NYSE:PM), British American Tobacco (NYSE:BTI), Gilla (OTCPK:GLLA) , Vape Holdings (OTCPK:VAPE), Vector Group (NYSE:VGR), Imperial Brands (OTCQX:IMBBY) and privately owned Juul (JUUL).

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