Weekly Vape Brief: Lawmaker Urges Gradual Ban on E-Cigarette Production Sales

 

 

Hot news of the week

 

Former Canadian Health Minister joinse-cigarettesJuul Board of Directors

 

According to Canadian media reports, Rona Ambrose, former interim leader of Canada's Conservative Party and Health Minister, has joined the Juul Labs board of directors. Juul CEO KC Crosthwaite announced the board appointments in an email to employees on Friday. He said Ambrose's position on the board will help the company's efforts to win the trust of shareholders. Ambrose served as interim leader of the Conservative Party and official opposition from 2015 to 2017, and served as an Edmonton regional councillor when he retired from politics from 2004 to 2017.

 

VPO Weipo settled in Xi'an 711 convenience store to launch the first shot of FMCG bomb replacement

 

On May 18, according to VPO Weipo e-cigarettes, VPO has officially settled in Xi'an 711 convenience store. This is a new channel action after VPO announced the completion of a round of strategic financing and the release of FMCG bomb replacement. At present, VPO Weipo has covered major convenience store chains in Xi'an, Shaanxi, including Xi'an Tangjiu, Xi'an Everyday Convenience Chain, and Weijia Convenience Store. The number of store terminals in Shaanxi exceeds 1,000 stores.

 

Bidi e-Cigarette launches ecologically aware e-cigarettes come with medical sticky notes

 

According to foreign reports, as the e-cigarette industry becomes increasingly aware of the shocking e-waste generated by e-cigarette products, Bidi e-cigarettes have taken the lead in advocating an ecologically aware and sustainable product use. Bidi e-cigarettes come with medication and medical sticky notes, which are beneficial to consumers 'health and the environment. The sticky note protects the lungs from droplets and is easier to recycle and decompose than ordinary synthetic cotton.

 

2. Industry dynamics

 

Ono's e-cigarette WeChat name change raises questions, officials say all businesses are operating normally

 

On May 15, Ono's official WeChat account changed its name from vvild Ono to Ono Creation Beijing Technology Co., Ltd., which caused the industry to question whether its e-cigarette business is operating normally. Ono E-cigarette has just issued a statement stating that all Ono E-cigarette businesses are operating normally and the company operates normally. The name change of the WeChat signal is only an official requirement of Tencent.

 

Mcwell's 2019 revenue was 7.611 billion yuan and net profit was 2.185 billion yuan

 

In 2019, McWare's revenue and net profit both doubled. According to Yiwei Lithium Energy's 2019 annual report, Mcwell's parent company Simmore achieved revenue of 7.611 billion yuan in 2019, a year-on-year increase of 121.63%, and a net profit of 2.185 billion yuan, a year-on-year increase of 178.49%.

 

National People's Congress Representative Ding Liming suggested gradually banning the production and sale of e-cigarettes

 

During the National Two Sessions, Ding Liming, a representative of the National People's Congress and chairman and CEO of Beida Pharmaceutical Co., Ltd., suggested that as e-cigarettes gradually become a new source of harm to public health and environmental pollution, China should gradually ban the production and sale of e-cigarettes.

 

Guangxi Early Warning Center sent a group of text messages: A variety of cigarettes and e-cigarettes are as harmful to health as cigarettes

 

On May 24, according to feedback from users in Guangxi, early warning reminders were received from the number 12379 today, which included warnings about the dangers of tobacco and e-cigarettes. The sending agencies were the Guangxi Health Commission and the Center for Disease Control and Prevention.

 

Research by the U.S. Centers for Disease Control and Prevention shows that electronic nebulization lung injury severely affects young people

 

On May 19, a new CDC study began last year and involved lung damage related to causing aerosolization. These injuries affected more than 2800 people across the United States. The study, published in the medical journal JAMA Pediatrics, shows that young people are particularly hit hard. Adolescent adolescents aged 24 account for only 19% of the population over the age of 12, but account for more than half of the reported lung injuries related to electronic nebulization.

 

The US FDA issues a warning to manufacturers and retailers of vaporous e-cigarettes

 

According to information from the American Tobacco Network, the U.S. Food and Drug Administration recently issued a warning to manufacturers and sellers of vaporous e-cigarettes to ban the production and import of unauthorized vaporous e-cigarettes that are targeted at or may promote their use by young people. Products, or ENDS.

 

New York rules: Ban online sales of flavored e-cigarette products starting May 18 will be illegal

 

According to foreign reports, starting from Monday, May 18, retail stores in New York State will ban the sale of flavored steam products, and sales of all tobacco products in pharmacies will also come to an end. ldquo; Health-related entities should not engage in the business of selling tobacco, which is the leading cause of preventable deaths in New York State, Gov. Andrew Cuomo wrote in a press release. ldquo; Ending the sale of tobacco and e-cigarette products in pharmacies will help reduce the availability, visibility and social acceptance of tobacco use, especially among young people. rdquo;

 

Massachusetts e-cigarette merchants have suffered a double blow: the use of menthol will be banned from June 1

 

According to foreign reports, convenience stores in Massachusetts struggled in sales during the coronavirus pandemic, but now they are preparing for a policy strike in the second half of the year. Massachusetts e-cigarette merchants expect business to take another hit as Governor Charlie Baker issues a ban on menthol, mint and wintergreen tobacco products on June 1. Some merchants want the first article in the national law to be postponed for a year.

 

The Missouri House approves bill to ban the sale of e-cigarettes to people under the age of 18

 

On May 20, according to Vapingpost, the Missouri House of Representatives passed a bill that included restricting the use and sale of e-cigarettes and marijuana products. The bill has now been transferred to Governor Parson for signature. If signed into law, the bill would require Missouri school districts to implement regulations governing e-cigarette use on campus. In addition, it defines e-cigarettes as alternative nicotine or vapor products and sets restrictions, such as allowing only sales at licensed dealers and fines for illegal purchases under the age of 18.

 

Palo Alto City Council approves stricter ban: veto exemptions for professional e-cigarette stores

 

Recently, the Palo Alto City Council, California, rejected city staff's suggestion to waive the ban and voted 4 - 3 to pass a ban on e-cigarettes and flavored cigarettes. Once the ban takes effect later this year, it will make Palo Alto one of the strictest e-cigarette bans in the region.

 

E-cigarette companies in Colorado, USA, begin manufacturing hand sanitizer

 

According to foreign reports, in Colorado, e-cigarette stores are considered a non-essential business, and the e-cigarette industry is struggling. Manufacturer Jvapes E-liquid has had to lay off workers because of the closure of two stores in the state. On the other hand, two Vape manufacturers, Vapor Source and Boosted E-Juice, realized the shortage of hand sanitizer and decided to convert their e-cigarette production facilities to the production of hand sanitizer.

 

E-cigarette company Charlie Holdings expects PMTA expenses of US$4.4 million and Q1 net loss of US$3.92 million

 

May 19, according to foreign reports, nicotine e-cigarette and CBD company Charlie Holdings (OTC PINK: CHUC) today announced the company's first quarter financial results ended March 31, 2020. Gross profit in the first quarter was US$2.442 million, compared with US$3.898 million in the same period last year, a year-on-year decrease of 37%. The gross profit margin was 55.4%, a year-on-year increase of 58.6%. The net loss for the first quarter was $3.916 million, compared with net income of $2.476 million in the same period last year. The net loss for the three months ended March 31, 2020 included non-cash stock option compensation expenses of $1.853 million.

 

Puff Bar e-cigarette distributor SmokeTokes exploded and caught fire in Los Angeles

 

On May 20, investigators began sorting through the wreckage of a fire and explosion at a wholesaler of e-cigarettes and marijuana accessories in downtown Los Angeles on Monday to determine the cause. The fire injured 12 firefighters. The fire began late Saturday afternoon in a one-story warehouse called SmokeTokes, which the official said was a supplier to the city 's butane honey oil maker.

 

Los Angeles Fire Department to inspect e-cigarette stores across the city after bombing investigation

 

According to foreign reports, the Los Angeles Fire Department will conduct a city-wide review of the way certain companies store volatile substances. This is because the explosion seriously injured several firefighters in a downtown corridor. Some firefighters believe it is a safe haven for materials used in manufacturing unlicensed marijuana products.

 

Puff Bar e-cigarettes file a $75 million lawsuit against 31 counterfeiting infringers in China and the United States

 

According to foreign reports, DS Technology Licensing, the owner of the registered trademark of the U.S. version of the small-colored disposable e-cigarette Puff Bar, and U.S. authorized distributor Puff Inc. filed a lawsuit in Los Angeles. The local high court has prosecuted more than 30 Chinese and American companies accused of selling counterfeit e-cigarette devices. The defendants include international manufacturer and distributor CACUQ, U.S. distributors, e-commerce companies and brick-and-mortar retail stores.

 

Imperial Tobacco says declining U.S. e-cigarette sales have led to lower profits

 

According to foreign reports, tobacco manufacturer Empire Brands said on Wednesday that a sharp decline in revenue from its e-cigarette product business has led to a reduction in marketing and spending. Empire Brands reported overall adjusted operating profit of $1.8 billion for the first half, down 9.3%. Tobacco revenue was flat at $4.3 billion, while revenue from next-generation smokeless tobacco products fell 44% to $101.8 million. In the Americas, this number fell by 50% to $30 million.

 

Britain hotly discusses menthol cigarette ban: accelerating smokers 'switch to e-cigarettes and improving public health

 

On May 20, the British Electronic Cigarette Industry Association (UKVIA) expressed its views on the mint cigarette ban that came into effect on May 20, saying that the menthol cigarette ban is expected to accelerate smokers 'switch to e-cigarettes and have the opportunity to improve public health.

 

Canadian E-Cigarette Association refutes Cancer Society: They still do not recognize e-cigarettes as a harm reduction tool

 

Rob Cunningham, spokesman for the Canadian Cancer Society, recently gave an interview about tobacco and e-cigarettes on Rick Howe's radio show. The Canadian Vaping Association (CVA) is pleased to find that many cancer society statements are consistent with CVA principles, but is disappointed that they still fail to recognize e-cigarettes as a tool to reduce harm.

 

Study: E-cigarette use may cause lung dysfunction

 

A research team led by Christie Cherian at Yale School of Medicine investigated whether early identification of respiratory symptoms that may develop into pulmonary dysfunction is crucial to understanding pulmonary artery disease. The authors write: After adjusting for demographic characteristics and other tobacco use, e-cigarettes were associated with a significantly increased risk of breathing. These results suggest that asthma induced respiratory inflammation may be the first symptom of subacute and subsequent acute EVALI manifestations. In addition, the study shows that smoking remains a public health threat to young people and must be addressed. rdquo;

 

Study: Teenagers are more likely to obtain e-cigarette products through informal channels

 

Recently, a study in the United States specifically investigated the adolescent group through the CDC's national electronic nebulized lung disease data to fill this data gap. Recently, the American medical research website MedicalResearch conducted a one-on-one interview with Susan Hocevar Adkins (SHA), M.D., the lead author of the study, in order to give readers a better understanding of the impact of e-cigarettes on teenagers. SHA said research shows that teenagers are more likely to obtain e-cigarette products containing nicotine or THC through informal channels.

 

WayJoy Dubai International Electronic Cigarette Show postponed to September 2020 due to the epidemic

 

On May 21, according to WayJoy, the organizer of the Dubai E-Cigarette Exhibition, the e-Cigarette market in the Middle East is slowly restarting, and physical stores in Saudi Arabia, United Arab Emirates, Bahrain, Kuwait and other places are opening for sale one after another. The WayJoy Dubai International Electronic Cigarette Show, originally scheduled to be held from March 18 to 20, 2020, has been postponed to September 3 to 5, 2020 due to the epidemic.

 

Vuse e-cigarettes sponsor Grammy Award-winning band The Fratellis on US tour

 

On May 22, according to foreign reports, British American Tobacco, the manufacturer of Vuse-brand e-cigarettes, is sponsoring a concert tour of the Grammy Award-winning band The Fratellis in the United States, including launching new songs and releasing related videos on Vuse's social media page.

 

Former Juul CEO Kevin Burns joins digital pharmacy Alto

 

According to foreign reports, Kevin Burns, former CEO of international e-cigarette company Juul, has recently joined the American digital pharmacy Alto with an unknown position. Kevin Burns became CEO of Juul in January 2018. In September 2019, announcing his resignation from Juul, Altria executive K.C. Kruswaite Crosthwaite) took over as CEO.

 

Heyuan Group partner Vaptio will release AirGo, the world's smallest replacement e-cigarette

 

USe-cigarette brandsVaptio will recently release three unique and innovative e-cigarettes, namely AirGo, Sonar and SonarMax. AirGo is a mini e-cigarette, and relevant information can be found on Vaptio's official website;Sonar and SonarMax are part of the Sonar series and belong to AIO e-cigarettes.

 

Altria data shows that anti-e-cigarette action brings elderly smokers back to smoking

 

According to foreign reports, Altria, the manufacturer of Marlboro cigarettes, reported that their data shows that smokers aged 50 and above are returning to traditional cigarettes after switching to e-cigarettes. This trend is reportedly due to a mixture of bad news, a regulatory crackdown on electronic atomization of nicotine and an (indirect) coronavirus pandemic. CEO Billy Gifford disclosed the news to investors during Altria's first-quarter earnings conference call on April 30.

 

3. Investment and financing

 

E-cigarette foreign trade wholesaler 40 Avenue strategic investment in VPO Weipo e-cigarettes

 

Shenzhen 40 Avenue E-Commerce Co., Ltd., a foreign trade wholesaler of e-cigarettes, has completed investment in the e-cigarette brand VPO Weipo, and the industrial and commercial changes have been completed. According to public information, 40th Avenue holds 1% of the shares of Shenzhen Crazy Frog, a VPO Micro-Po operating company, which is relatively small.

 

4. Industry data

 

The public 's correct awareness rate that low tar does not mean low harm is less than 20%

 

“It has long been a consensus in the medical community that low tar cannot reduce the harm caused by cigarettes. However, according to surveys, the public lacks a correct understanding of the harm of low-tar cigarettes, and the correct understanding that low tar does not mean low harm is only 18.1%.