The regulator had banned the company’s e-cigarettes in 2022, but they stayed on store shelves while an appeal process played out.
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Prime Minister Rishi Sunak announced on Wednesday that he plans to raise the legal smoking age by one year every year.
The startup raised $30 million from Booz Allen Hamilton Ventures, NordicNinja and others.
The controversial enforcement actions have been called a “cash cow” by Commissioner Hester Peirce.
Wall Street ended 2024 on a high note, providing investors with a sigh of relief as we enter the new year.