Exhibitors allude to what’s to come in product showcase at conference ‘c-store’
$35 million equity capital raise a ‘fresh financial start’ for the brand
SCOTTSDALE, Ariz. -- NJOY LLC has acquired the assets of NJOY Inc. as part of the e-cigarette maker’s financial restructuring. NJOY Inc., which was founded in 2006, declared bankruptcy last September, citing an accumulated deficit of $234.4 million and $16 million in accounts payable. After...
Industry group offers additional clarity on resource
MINNEAPOLIS -- Feb. 15, 2007, is an important date in the Family Smoking Prevention and Tobacco Control Act, the law that Congress passed to authorize the U.S. Food and Drug Administration (FDA) to regulate tobacco products. That date is known as the “predicate date” or “grandfather date.” Every...
Lower volume offsets rise in prices, dampens sales
If it caved to shareholder pressure, mammoth drug-store chain would boost c-store profits