The U.S. Food and Drug Administration on Friday cleared four NJOY menthol-flavored e-cigarette products to be marketed in the United States.

Marlboro maker Altria Group on Monday agreed to buy NJOY, one of the few vaping companies whose products have clearance from federal regulators, for at least $2.75 billion. Assuming the deal ...

The FDA first began regulating e-cigarettes in August 2016 and it has authorized 27 e-cigarette products for sale in the U.S. to date, including Altria-owned NJOY's menthol vape products.

Altria Group Inc. MO said Thursday it expects 2023 adjusted profit of $4.89 to $5.03 a share, compared to the FactSet analyst projection of $5.05 a share. Altria said it has closed its NJoy ...

According to a release from Altria, the acquisition is part of the company’s ongoing expansion into the smoke-free tobacco market.

Altria (MO) confirmed a deal to acquire NJOY Holdings for $2.75B in cash. Read more.

Altria's choice of acquiring NJOY is a prudent one. While I rate MO stock a Buy, see why I think NJOY remains a moonshot.