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Embracing the Future
Japan Tobacco's investment in innovative smoking technology was driven by a vision of the future rather than to eliminate competition, contrasting with tech companies that often acquire and kill potential competitors. The decision was more acceptable to Sonderager due to Japan Tobacco being a Japanese company. Despite the plan for a revamped product, Sonderager chose to move on. Japan Tobacco's introduction of the PAX, initially a loose-leaf vaporizer marketed unofficially as a weed vape, showcased a shift towards a more lucrative market. Investors were intrigued by the potential for cannabis use with the product.