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for Blu Ecigs (Charlotte)
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Blu Ecigs, the leading electronic cigarette company located in Charlotte, has been acquired by the Lorillard Tobacco Company of Winston-Salem for $135 million. Lorillard began in 1760 and Blu in 2008. Lorillard is a big traditional tobacco bastion, and supporters of ecigs feel they have been sold out, despite assurances from Blu that the sale is just another development stage for ecigs. Otterbourg explains what ecigs are and what the sale will mean in the years ahead. A chart of nicotine's fit in history is included.