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RBC Capital Markets analyst Nik Modi saw several strategic reasons for a deal, including geographic alignment with international competitors and full economic benefit of IQOS in the United States and global access for Juul

Governments around the world impose hefty taxes on cigarettes because tobacco-related health problems are an economic burden

And the data seems to indicate this product is being used by kids all across the country. For these reasons, health groups sued the FDA over the delay and sent a letter to Gottlieb asking the FDA to begin regulating e-cigarette products like other cigarettes immediately

TAXES Although there is no federal excise tax on e-cigarettes, states have the authority to tax e-cigarettes