Business
Imperial Brands Pulls Vaping Business From U.S.
Imperial Brands said it would pull its vaping business out of the U.S., citing a drawn-out regulatory approval process.
“[Given] the protracted regulatory process to approve new innovations, we have taken the decision to transition our legacy myblu vaping business out of the U.S. market,” the U.K. tobacco company said in its fiscal half-year results Tuesday.
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