Juul, the embattled e-cigarette startup, bought a San Francisco office tower for $400 million. It's reportedly considering selling it just four months later.
Juul bought a 29-story tower in the heart of San Francisco for $400 million in June 2019 to accommodate its fast-growing workforce. Just months later, the company is considering selling it, as reported by the San Francisco Chronicle. The news follows growing scrutiny, federal investigations, and company layoffs as officials crack down on Juul for its role in the youth vaping crisis. Juul did not immediately respond to Business Insider's request for comment.
Juul bought a 29-story tower in the heart of San Francisco for $400 million in June 2019 to accommodate its fast-growing workforce. Just months later, the company is considering selling it, as reported by the San Francisco Chronicle. The news follows growing scrutiny, federal investigations, and company layoffs as officials crack down on Juul for its role in the youth vaping crisis. Juul did not immediately respond to Business Insider's request for comment.
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