Vaping giant Juul secures further £269m funding despite ongoing controversy

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Credit: e-cigarette and vaping giant Juul has secured £269m in new funding, despite ongoing controversy around healthcare issues and new legal action in the US.

The latest round of funding will be used to help the company’s global expansion.

Currently, the business is 35% owned by Altria, but there has been a lot of claims in the US, that the company is targetting children with their vape pens.

There are several ongoing legal claims across America regarding the impact Juul has had on young people’s lives.

Juul recently launched its products in South Korea, the Philippines and Indonesia, and has had an increased marketing presence in the UK.

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