- The Trump administration is prepping a ban on flavored e-cigarettes as federal agencies probe an outbreak of a lung problem that killed at least six people and reportedly led to the sickness of hundreds of others. A potential link between THC vaping and lung disease is at the heart of the investigation.
- President Trump and U.S. Health Secretary Alex Azar have both confirmed that a ban is possible after the vaping issues are investigated.
- The potential for federal action has been telegraphed to investors over the last few weeks.
- Related stocks: Altria (NYSE:MO), Philip Morris International (NYSE:PM), British American Tobacco (NYSE:BTI), Vector Group (NYSE:VGR), Imperial Brands (OTCQX:IMBBY) and privately-owned Juul (JUUL).