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Thursday, November 7, 2019

Juul ends mint-flavored product sales

Juul (JUUL) is halting the sale of mint-flavored products about a month after deciding to end fruit-flavored pod sales.
Mint pods account for about 70% of Juul’s U.S. sales, sources tip CNBC.
Last week, Altria (MO -0.3%) announced that it’s writing down its investment in Juul by $4.5B, but it’s unclear if that amount factors in the loss of mint-flavored products.

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