Juul considers selling building in SOMA District: Report

Friday, November 22, 2019
SAN FRANCISCO (KGO) -- In another sign Juul is struggling financially, the San Francisco-based e-cigarette maker might sell its building in the SOMA district.

According to the San Francisco Business Times, Juul bought a skyscraper at Mission and Main streets for $397 million earlier this year.
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But now the company is looking to cut costs, possibly by selling the building.

The move comes amid heightened scrutiny surrounding vaping. Several states are working to ban e-cigarettes, and top retailers like Walmart have announced they no longer sell vaping products.
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