using a £80.76 billion market cap British American Tobacco’s e-cigarette sales rose 7.8 percent over the past year, reaching $402.5 million. Altria, using a $117.4 billion market cap, has seen e-cig sales rise 37.5 percent to $234.2 million.
Imperial Tobacco’s dollar sales have gained 16.2 percent over the past year to $195.4 million. The company carries a £24.73 billion market cap. Logic, owned by Japan Tobacco, saw sales decline 10.3 percent over the past year to $108.2 million. Japan Tobacco’s market cap will be 5.24 billion yen.
Still, a regulatory crackdown could threaten the industry’s growth. However, Gottlieb told CNBC his door will be ‘very open’ to companies who want to introduce e-cigarettes with brand-new features that will prove to make kids less likely through using them.
Flavors, including creme as well as mint, accounted for about 0 percent of Juul’s sales in recent data. that will leaves Juul vulnerable to regulators’ warnings of pulling flavored products through the market.
Yet Juul will be already looking overseas for growth. This kind of’s already launched in Israel, England, Scotland as well as Canada. This kind of’s also eyeing some other international markets, including Asia.