>> OTHER MOTHER OF
ONE LOOK AT YOUR BUSINESS
OPENING BELL THAT SINCE THEN AN
IQ OF IT WHICH I DON'T
PRESIDENT TRUMP SAYS HE'S GOING
TO BE WITH VAPING
INDUSTRY REPRESENTATIVES ALL
THE WAKE OF THE ONGOING
BACKLASH AGAINST THE CIGARETTE
COMPANIES LIKE JEWEL THIS COMES
AFTER THE COMPANY ANNOUNCED
THAT THEY WOULD STOP SALES OF
THEIR POPPING MINT
FLAVORED PODS. JOINING US NOW
TO DISCUSS AIR ALSO THE
HEALTH CARE REPORTER REP
POLITICO SARAH GOOD TO SEE YOU
AS ALWAYS PRESIDENT TRUMP OF
COURSE HE GOT SPECIFICALLY MAIN
JEWEL BUT THAT KIND OF THE REAL
TARGET HERE AREN'T THEY.
>> THEY ARE THE REAL TARGET AND
SOPHIE HIS TWEET THIS MORNING
AS
SORT OF BRANCH BEING EXTENDED
TO A LARGE DEGREE GRAND HISTORY
BUT MOSTLY WITHIN THAT SMALL
BAIT SHOP,
SMALLER MANUFACTURERS AND THAT
THIS IS JUST THE WAY THEY WOULD
BE SHUTTERED I DON'T THINK THIS
MEANS THAT THEY'RE EXTENDING
SOME SORT OF PEACE OFFERING
TO JEWEL.
>> WELL LET'S LET'S GO TO
PRESIDENT TRUMP'S TWEET HERE
BECAUSE WHAT THE PRESIDENT SAID
IS THAT HE IS WHAT'S AN
ACCEPTABLE SOLUTION TO THE
BEEPING AND EAST CIGARETTE
DILEMMA, CHILDREN'S HEALTH AND
SAFETY TOGETHER WITH JOBS WILL
BE A THERE IS THIS BALANCE THAT
HE'S TRYING TO STRIKE TOO
BECAUSE HE
DOES UNDERSTAND THAT HE FEELS
LIKE HE NEEDS TO SERVE THE
VAPING INDUSTRY NOW.
>> RIGHT EXACTLY AND A LOT OF
THOSE SMART 8 SHOTS ARE MANY
FRACTURES ARGUE THAT THOUSANDS
OF JOBS
COULD BE LOST IF THERE'S A
WHITE SPECK TRAVER VAN OR IF
MOST OF THESE PARTS GO OFF THE
MARKET ACTUALLY SEEMS TO
PROTEST HERE IN WASHINGTON DC
THIS WEEKEND
AS WELL THE EARLIER ESTIMATE
THE 2002 1004 THERE. THEIR
SLOGANS ARE WE IF THE VOTE IT
TRIED TO ARGUE THAT
THIS ONE YET KEY ISSUE FOR THEM
IN THAT ELECTION AND WE KNOW
THAT
YOUR PRESENCE THINKING ABOUT
RIGHT NOW HE ALSO WANTS TO SEE
AS SOMEONE WHO'S PROTECTING
SMALL BUSINESSES
AND SO IF HE WERE TO CARVE OUT
ONCE THOSE INSPECTORS, THOSE IN
TAYLOR'S IT WOULD ACTUALLY DO
MUCH TO HELP CHILL OUT AND YOU
CAN STILL SEE TO IT
>> SO SARA WHAT HOW CAN
PRESIDENT TRUMP COME UP WITH
SOME SORT OF REGULATION THAT
WILL PROTECT
THE HEALTH OF TEENS WHO HAVE
BEEN AFFECTED BY VAPING AND
HELP THEM STOP VAPING WELL THE
SAME TIME SAVING JOBS.
>> HOW TO
HELP HIM STOP MAKING IT SO SHE
WAS QUESTION OUT THERE THAT WE
DON'T REALLY HAVE THE ANSWER TO
THERE'S NOT MANY SOLUTIONS THAT
WOULD HELP SOMEONE WITH.
TO ADDICTION IS A SIGHTSEEING
AND SO THAT'S WHAT THEY'RE
TRYING TO PUT A THERE'S A LOT
OF US IT'S
BE ANSWERED IN TERMS OF CAME
KEEPING JOBS WHICH COULD TO
WHAT THE THINKING IS RIGHT NOW
IS THAT THEY WOULD END OF
SLAVERY IS BEING SOLD AND JUST
LIKE GAS STATIONS AND
CONVENIENCE STORES FOR THE VAST
MAJORITY OF JUUL PRODUCTS ARE
SOLD. CAR THEM OUT
AND KEEP THEM SAFE IN A
DISTRICT THAT IS JUST LIKE A
CHOPS SO IF YOU CAN'T WALK INTO
A CHOPPER MONTHS OR
18 OR 21. AND THOSE STATES
CUSTOMS, SO THERE IT'S IN
CRITICS HAVE SAID IS THAT IT'S
REALLY HARD TO BE ABLE TO TELL
WHAT THE RULES ARE FROM STATE
TO STATE FOR THESE DIFFERENT
BIG TOPS AND ALSO A LOT OF
UNDERAGE SALES STILL TO HAPPEN
IN THE SHOPS THAT
YOU NEW POLLS SHOW THAT TEENS
ARE CREATIVE THEY WANT A
PRODUCT THEY CAN GET IT.
>> RIGHT TO APPOINT A JEWEL
SAID THEY'RE GOING TO STOP
SELLING MINT FLAVORED PODS THAT
THEY HAVE THERE'S VARYING
REPORTS OUT THERE THAT SUGGEST
THAT BEEN MEANT FLAVOR ACCOUNTS
FOR ABOUT 70% OF THEIR SALES.
SO OBVIOUSLY A HUGE PORTION
OF IT. SO NOW JEWEL SAYS
THEY'RE ONLY GOING TO SELL
TOBACCO AND MENTHOL FLAVORED
PODS BUT AT ONE POINT IS THE
WORRY FOR JUUL IF YOU'RE
GETTING RID OF THE THING
ACCOUNTS FOR 70% OF YOUR SALES.
THIS THE COMPANY STILL HAVE A
FINANCIAL FUTURE OF THAT.
>> I DEFINITELY THINK THERE'S A
LOT OF WORRY THERE THEY
ONLY ABOUT 2 WEEKS AGO NOW AND
THEY'RE CUTTING 15% OF JOBS
WHICH AMOUNTS TO ROUGHLY
500 PEOPLE IF RESTRUCTURE THEY
PUT A LOT OF EXECUTIVES GO THAT
WE'RE VERY PROUD OF THIS FOCAL
POINT OF IS UNDER A SALES AND
MARKETING IT
TO YOU. THEY THINK ABOUT IT YOU
IN CHIEF ART YEAH COURSE THAT
ACA GRAND BUT IT SURE
AND I THINK SHE'S IN SURVIVAL
MODE. I THINK THAT HE'S LOOKING
AT THIS AS WE MIGHT HAVE A
CHANCE TO BRING IT BACK TO
MARKET ACTUALLY RIGHT NOW IS TO
KEEP
THE COMPANY. A LIVE AND ON THE
GOOD SIDE OF SPECULATORS WHO
REALLY ARE OUR OUT I MEAN JOEL
HAS IN THE EXAMPLE
OF WHY USING THIS ACTUALLY A
LOT OF THESE REGULATORS AND
LAWMAKERS AND SO I THINK THIS
COMES AS THE EARLY 70% OF
THEIR SALES. THE LONG RUN IT
WHICH IS PROTECT OUR GET
ANOTHER CONCERN HEALTH.
IT'S ABOUT UP IS THAT THERE'S
SORT OF A SLOW CLIMB INTO INTO
MEDICAL AND SO THEY'RE BRINGING
THAT
INTO THE MARKET BUT THERE'S A
CHANCE THAT MENTHOL COULD FACE
MORE LIKE MEANT AND STILL
BE ENOUGH.
>> I I WAS I WAS JUST I WAS
JUST ASKING THAT QUESTION IS
THERE ANY SORT OF INDICATION
THAT MENTHOL WILL TAKE THE
PLACE OF MEANT AS THE POT OF
CHOICE FOR TEENS NOW THAT IS
THE ONLY ONE THAT'S NOT TOBACCO
THAT'S AVAILABLE.
>> I THINK THAT'S ABOUT CONSENT
BECAUSE GET IT WILL BE THE ONLY
FAVORITE PRODUCT THAT'S STILL
AVAILABLE TEENS WERE SENT OVER
TO ARGUE THAT THE REASON TEAMS
UNITS WHICH HAVE MEANT IN THE
FIRST PLACE IS BECAUSE IF YOU
REMEMBER THE ORIGINAL LATER
BANDS ARE GAS STATIONS AND
CONVENIENCE STORES LEFT MEANT
ON THE SHELVES AND SO HE MAY GO
EITHER WAY AND SO IT IS WORRIED
THAT HE'S JUST
SIMPLY SWITCH AND MENTAL VERY
WELL TO FIND OUT WHAT IT IS A
LOT LIKE ME AND IT JUST HAS
A COOLING. SENSATION AND IT
CONTAINS MORE LIKE TOBACCO AND
IS IT THE ACTIONS AND THE
ACTIONS HAVE TO MAKE IS THAT
WAS LOOKING
LIKE IT'S.
>> SIR WHAT ABOUT JEWEL
COMPETITORS IS AN OPPORTUNITY
FOR FOR THEM NOW IF
THEY'RE NOT THE ONCE IF THEY'RE
NOT GOING TO TAKE THESE FLAVORS
OFF THE SHELVES LIKE WELL AS
YOU'RE GOING TO SEE GROUND TO
SOME OF THE SMALLER PLAYERS
THAT HAVEN'T GOT MY SHARE THAT
AND SILVA TO US.
>> YEAH I DON'T THINK THAT THEY
WILL ESPECIALLY IN THE NEXT FEW
MONTHS, THE SMALLER PLAYERS
THAT ARE PRIMARILY SOLD IN
SHOPS. THE PROBLEM IS THERE'S A
WHOLE SEPARATE ISSUE ALL RIGHT
NOW WHERE EVERYONE IS GOING TO
HAVE TO SUBMIT THEIR PARTS
TRACK A REVIEW BY MAY OF NEXT
YEAR THAT'S A REALLY REALLY
CUMBERSOME PROCESS THAT CAN
TAKE MILLIONS OF DOLLARS
SOMETHING YOU KNOW READING AN
APPLICATION THAT SAID THIS TIME
NEXT YEAR A LOT OF THOSE FILING
YOUR TAXES SIMPLY MIGHT NOT BE
ON THE MARKET
AND I.
>> I SAW THIS OF COURSE IS ALSO
GOING HAND-IN-HAND WITH THE
VAPING EPIDEMIC THAT'S
HAPPENING. THE CDC JUST
ANNOUNCED LAST WEEK THEY THINK
IT MIGHT BE
VITAMIN E THE TAPE THAT IS
ACTUALLY THE FILLER THAT IS
ACTUALLY GETTING A LOT OF THESE
INDIVIDUAL SAID COMBINE THAT
WITH THE SITUATION
WITH JEWEL. DO YOU THINK WE
MIGHT SEE SIGNIFICANT ACTION IN
WASHINGTON WHEN IT COMES TO
BABY RELATED ILLNESSES AND
ISSUES BECAUSE OF WHAT'S
HAPPENING WITH JEWEL AND ALL
THESE SICKNESSES.
>> ABSOLUTELY THERE'S BEEN A
LOT OF MOMENTUM
YOU KNOW BILLS
IN BOTH THAT MIGHT NOT HAVE
GOTTEN THIS TO THE FOCUS BEFORE
ESPECIALLY WITH EVERYTHING ELSE
GOING ON IN WASHINGTON
RIGHT NOW. THINGS LIKE PAPER
THINGS
LIKE RACE AGE NATIONWIDE 21
THAT WILL TAKE YOUR SPOT IT BY
THE SENATE MAJORITY LEADER
MITCH MCCONNELL SAYS
SOMETHING'S GOING GET ON THE
CALENDAR THAT ONE AND WE CAN
SEE THAT HAPPENED SHORT
AND THERE IS A LOT ONE OF THE
INTERESTING THINGS THAT THE TV
CAMERAS OF COURSE IS THAT THIS
IS LARGELY MEANT THERE ARE A
LOT SO IT'S ALSO A CRIME LIKE
THAT.
AND MARIJUANA BECAUSE IT'S
GENERALLY A WEEK
AND SOME PEOPLE HAVE BEEN VERY
CONSERVATIVE UH HAS JUST SAID