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Midsection Of Woman Holding Electronic Cigarette Against White Background

Source: Ina Lihaca / EyeEm / Getty

Officials with e-cigarette maker Juul have agreed to pay North Carolina $40 million and stop marketing their products to teens.

The settlement was reached Monday in a Durham courtroom, according to Attorney General Josh Stein. “Juul sparked and spread a disease –- the disease of nicotine addiction,” Stein says. “They did it to teenagers across North Carolina and this country simply to make money.

Their greed is not only reprehensible, it is also unlawful.” In a statement released Monday afternoon, Juul says the settlement is “consistent with our ongoing effort to reset our company and its relationship with our stakeholders.”

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