|
|
|
|
|
by griffzhowl
298 days ago
|
|
It's probably to do with vape companies still needing nicotine, and so the tobacco companies still control the primary source, so they can gain the advantages of vertical integration from buying up the downstream offshoots. Non-fossil fuel sources of energy by definition have different primary sources of energy than those controlled by fossil fuel companies, so they can't capitalize in the same way. Btw, I looked up Juul from your other comment and saw they're 35% owned by Altria (formerly Philip Morris) who are "one of the world's largest producers and marketers of tobacco, cigarettes, and medical products in the treatment of illnesses caused by tobacco." [1] You couldn't hope for a more tragically hilarious summation of the cynicism in this industry than that combination of businesses to be in [1] https://en.wikipedia.org/wiki/Altria |
|