Juul intends to seek a stay on the decision
They plan to make further market purchases of Vectura at $2.27 per share
The lawsuit was filed Monday in courts in California, Illinois, as well as Canada
Reforming cannabis laws is gaining momentum in Congress
The firm believes smoking could decline to zero with regulations
The ordinance is believed to be the first of its kind ever implemented
Should Juul go through with it's plans, its first store would be in Texas
The move comes as pressure mounts to raise the age to 21 nationwide