Investors Pump $325 Million into Juul Despite Health and Legal Concerns

The injection of capital comes at a time the vaping company faces increasing government scrutiny and business restrictions — that includes in its hometown of San Francisco, which in June became the first U.S. city to ban the sale and distribution of e-cigarettes, pending approval from the U.S. Food and Drug Administration.
Published: 6:06 AM EDT August 20, 2019