Juul To Pay North Carolina $40 Million Over Claims It Targeted Youth

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A Juul Labs Inc. e-cigarette, USB charger and flavored pods on July 8, 2018. MUST CREDIT: Bloomberg photo by Gabby Jones.
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E-cigarette maker Juul Labs Inc. has agreed to pay $40 million to North Carolina to settle a lawsuit by the state accusing it of marketing its products to minors.

The settlement, announced Monday by North Carolina Attorney General Josh Stein, is the first reached by the company with a state government. The deal also includes restrictions on sales of products that appeal to minors and requires Juul to produce yearly reports demonstrating its compliance.

Stein told a news conference he began investigating Juul after “hearing from friends about the devastation that this product had visited on kids’ lives – addiction, depression, bad grades, switching schools, medical treatment and more.”

In a statement, Juul said: “This settlement is consistent with our ongoing effort to reset our company and its relationship with our stakeholders, as we continue to combat underage usage and advance the opportunity for harm reduction for adult smokers.”

Read more at NEWSMAX.

{Matzav.com}

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