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Pods are also referred to as "vape juice." [30] In July 2018, Juul raised $650 million, giving it a valuation of $15 billion. [31] On December 20, 2018, Altria, one of the world's largest cigarette manufacturers, bought 35% of Juul for $12.8 billion. According to Wells Fargo, the deal valued Juul Labs at $38 billion.
An electronic cigarette (e-cigarette), commonly called a vape, [note 1] [1] is a device that simulates tobacco smoking. It consists of an atomizer, a power source such as a battery, and a container such as a cartridge or tank. Instead of smoke, the user inhales vapor. [2] As such, using an e-cigarette is often called "vaping". [3]
Vape trade shows have an array of product vendors, seminars, social interactions with other vapers, parties, gifts, vaping contests, and other activities. [40] Vape shows are free to attend or have an entrance fee that cost from $10 to $25. [40] In 2014, vaping contests at vape trade shows such as "cloud-chasing" were rare. [40]
Containers for e-liquids (the liquid used in vape products) can seem tempting to children of all ages for many reasons. [18] For example, some e-liquids may have labeling or advertising that misleads youth into thinking the products are things they would eat or drink –like a juice box, piece of candy, or cookie. [18]
A pod mod with cartridges. Pod mods are a type of electronic cigarette used to vape nicotine through a mouthpiece connected to the body of the device by magnets. These devices are a newer generation of e-cigarettes that are often marketed to a younger crowd that do not wish to attract attention gained through regular e-cigarettes or traditional tobacco-burning cigarettes.