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The companys focus on research and development enables it to introduce new flavors and technologies that resonate with consumers

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Their objective is to draw the Demodogs away from the lab to give Hopper and Eleven optimum time to close the gate

The deal values San Francisco-based Juul at $38 billion, more than double the roughly $16 billion valuation it fetched in a July private funding round, highlighting what Altria sees as its next phase of growth in the face of declining smoking rates and cigarette sales in the United States

The maker of Lucky Strike and Dunhill cigarettes said Monday it plans to cut around 5,500 jobs and outsource about 3,500 roles to third-party firms, including Accenture