Vaping

Altria's big bet on Juul is going horribly wrong

Data: Investing.com; Chart: Axios Visuals

Altria's $12.8 billion investment for a 35% stake in Juul is at risk of becoming one of the worst corporate investments of all time.

Driving the news: So far, vaping is suspected or confirmed as the cause of death for 8 people and 530 cases of pulmonary illness across 38 states, the CDC said, with a federal official saying that a criminal probe has begun.

8th person dies from vaping-related lung illness

A man vaping and puffing out smoke
Photo: Ricardo Rubio/Europa Press/Getty Images

A Missouri man in his mid-40s became the 8th person in the U.S. to die from a lung-related illness linked to vaping on Thursday, according to the state's Department of Health and Senior Services.

What's happening: As of Sept. 19, the CDC reports there are 530 possible cases of severe respiratory illnesses among people who vaped nicotine or cannabis products in 38 states and 1 territory. The number of cases has jumped 50% in 1 week. Deaths have also occurred in Kansas, Indiana, Minnesota, California, Oregon and Illinois, per the Washington Post.