Hacker News new | ask | show | jobs
by grandmczeb 2738 days ago
I have a friend who works at a competitor and according to him PAX still owned a majority after the spinout. Although, I tried looking it up and Philip Morris just bought a 35% stake, so this may no longer be true.

> Juul's nicotine is the "big driver" of Juul's sales, not weed

I agree, just trying to clarify that (at least at one point) the company that owns Juul also sold weed vapes.

1 comments

Ah interesting to hear, thanks! Guess it would've been a pretty big ball-drop to not continue to own a piece