Juul Labs gets $12.8 billion investment from Marlboro maker Altria Group – TechCrunch

After a long year fighting underage use of its products, Juul Labs has today struck a deal with Altria Group, the owners of Philip Morris USA and makers of Marlboro cigarettes. The deal values Juul at $38 billion, according to Bloomberg, and injects the company with a fresh $12.8 billion in exchang…