Juul is fighting Biden’s FDA in court and may file bankruptcy protection.
Joe Biden’s FDA on Thursday ordered Juul to stop selling e-cigarettes and four types of pods.
Biden is waging war on the cigarette and e-cigarette industry for no reason.
These are the same people who are handing out crack pipes to addicts for free.
Biden’s free crack pipes
Gas prices are soaring, high inflation rates are crushing Americans yet the Biden Regime is focused on banning tobacco and nicotine products.
“The FDA is tasked with ensuring that tobacco products sold in this country meet the standard set by the law, but the responsibility to demonstrate that a product meets those standards ultimately falls on the shoulders of the company,” Michele Mital, acting director of the FDA’s Center for Tobacco Products, said in a statement.
“As with all manufacturers, JUUL had the opportunity to provide evidence demonstrating that the marketing of their products meets these standards. However, the company did not provide that evidence and instead left us with significant questions. Without the data needed to determine relevant health risks, the FDA is issuing these marketing denial orders.”
Juul is fighting back in court and working with legal advisors on bankruptcy options.
“FDA’s decision is arbitrary and capricious and lacks substantial evidence,” Juul said in its court filing, according to the Wall Street Journal. The company said in the filing that the FDA had authorized similar e-cigarettes from its competitors.
The Wall Street Journal reported:
Juul Labs Inc. asked a federal appeals court on Friday to temporarily block the Food and Drug Administration’s order for the vaping company to immediately pull its e-cigarettes off the U.S. market, a decision that would stub out its business.
In addition to fighting the FDA’s order, Juul has been working with its legal advisers on options that include a possible bankruptcy filing if the company is unable to get relief from the government’s ban, according to people familiar with the matter. The company’s counsel, Kirkland & Ellis is advising on the contingency plans, the people said.
In a filing Friday with the U.S. Court of Appeals for the D.C. Circuit, Juul asked for an administrative stay until it can petition the court for an emergency review of the FDA’s order. Juul said the FDA’s order was extraordinary and unlawful and it would suffer significant irreparable harm without a stay, according to its court filing, which was partly redacted.
Juul said in Friday’s court filing that the FDA’s decision followed “immense political pressure from Congress once it became politically convenient to blame [Juul] for youth vaping, even though several of its competitors now have a larger market share and much higher underage-use rates.”
Juul said that the FDA’s order to immediately remove all Juul products from U.S. stores was a departure from the agency’s practices, which typically have a transitional period. The e-cigarette maker also questioned the agency’s handling of the announcement, noting The Wall Street Journal reported on the ban a day before it was announced.