We start with vaping it breathed new life into the Tobacco Industry but its now being choked by global backlash. From today fruit and dessert flavoured pods for e cigarettes are banned in the us. Theyve been blamed for a surge in use by teenagers as concerns grow about the health effects. According to Us Health Officials at the centers for Disease Control 60 people have died and more than 2700 have been hospitalised from respiratory illness linked to vaping. The industry has seen a fortune go up in smoke or rather be vapourized. E cigarette makerjuul was one of the most valuable startups in the us valued at 38 billion in 2018. Thats now been slashed by two thirds to 12 billion. Us tobacco giant altria invested heavily injuul and has to write off billions you can see how that has hit the share price. Its notjust the us where the vaping industry is under pressure argentina, india, brazil are among the countries to announce bans. But the us move is far less stringent than originally plann
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