Powdered-Booze Boast Hurts 'Palcohol' Regulatory Chances

By Pete Brush (May 8, 2014, 6:42 PM EDT) -- Lipsmark LLC was on the brink of winning federal clearance to sell flavored, powdered alcohol, when its braggadocio about how "Palcohol" could be used led New York lawmakers to warn of potentially deadly results, a blunder legal experts say never would have been permitted by savvy counsel....

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