Vape crisis deepens, Harvest Health senior management changes, Akerna revenue guidance & more

Vape crisis deepens

Fallout from the vape crisis continues as state and federal regulators take more action, certain retailers pull product from shelves, and tobacco giant Philip Morris walks away from a merger with Altria.

On Tuesday, the California Department of Health agency recommended that residents stop vaping all substances immediately, saying it’s still unsure what’s caused the recent epidemic that has sickened at least 530 and claimed nine lives in the United States.

Not to be outdone, the governor of Massachusetts issued a directive to ban the sale of cannabis and tobacco vaping products in the state effective immediately and lasting until Jan. 25, 2020.

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