Juul Backs Off Effort to Overturn San Francisco Vaping Ban

(Bloomberg) — Juul Labs Inc., the largest maker of nicotine vaporizers in the U.S., said it will stop lobbying for a ballot measure to overturn San Francisco’s ban on the sale of e-cigarette products.The measure, called Proposition C, will still appear on the Nov. 5 ballot, but the loss of the biggest financial supporter of the effort comes at a crucial time, in the final weeks when voters are weighing the issue. Michael Bloomberg, the founder and majority owner of Bloomberg LP, is funding a campaign to defeat the measure. Ads from both sides have blanketed the city in recent …read more

Source:: Yahoo Finance

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