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Juul halts US sales of its fruity-flavored vaping pods as regulators investigate it for marketing to minors — just hours after Philip Morris said its rival product targets adults

FILE - In this Dec. 20, 2018, file photo Juul products are displayed at a smoke shop in New York. On Thursday, Oct. 3, 2019, the U.S. Federal Trade Commission ordered Juul and five other vaping companies to hand over information about how they market e-cigarettes, the government's latest move targeting the industry. (AP Photo/Seth Wenig, File)

  • Juul Labs halted all US sales of its fruity-flavored e-cigarette pods on Thursday under mounting regulatory pressure to stop marketing them towards minors.
  • Hours earlier, rival Philip Morris took pains to distinguish IQOS — its alternative to conventional cigarettes — from Juul, and emphasize it’s targeted at adult smokers.
  • “When it comes to the youth access issue, this is where we focus on good conversion practices and a very stringent focus on adult smokers,” CEO Martin King said on the group’s earnings call.
  • Watch Philip Morris trade live on Markets Insider.

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Source:: BusinessInsider.Com