CVS CEO: We are a health-care company today

CVS Health CEO Larry Merlo voices his concerns over the teen vaping crisis and the long-term health risks.

“We’ve got to get our arms around that issue and reverse that trend,” Merlo said. “We don’t know the longitudinal effect of these products and something has to be done.”

CVS stopped selling tobacco products in 2014, the same time Merlo says he saw vaping products pop up.

“I saw the device with the Hello Kitty logo and the bubblegum liquid,” he recalls, saying it raised the question: “What are we doing here?”

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