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Key takeaway: A new study found that restricting vaping flavors to tobacco flavor only could reduce youth usage by 70%. The research suggests that removing flavors such as fruit would significantly reduce the appeal of vaping to young people.
Key takeaway: Yinghe Technology (300457) recently released its first-quarter report. The growth rate of net profit far exceeded revenue growth, and minority interest figures suggest that its vaping business continued last year’s rapid growth trend in Q1.
Key point: According to foreign media reports today, on May 3, the Canadian Vaping Association said that flavors are not the reason young people use vaping devices. Health advocates have recently linked youth vaping to flavors.
Key point: According to foreign media reports today, on May 3, Japan Tobacco (JT) reported first-quarter 2023 revenue of JPY 665.3 billion ($4.86 billion), compared with 2022.
Key point: According to foreign media reports today, Alabama lawmakers this week passed a bill banning smoking or vaping in vehicles carrying children aged 14 and under. House Bill 3 is part of the measure.
Key point: According to foreign media reports today, Ireland's health legislation will ban the sale of vaping devices to children and advertising near schools. The Irish Independent reported that Health Minister Stephen Donnelly is advancing the measure.
Key point: According to The Guardian, the Australian government announced today that it will ban imports of all non-prescription vaping products, including nicotine-free products. The new legislation is being presented as a major public health measure.
Key point: According to foreign media reports today, Hawaii lawmakers last Friday passed a tax parity bill that applies the same tax rate to vaping products as combustible cigarettes. If signed by Governor Josh Green, the measure will take effect.
Key point: According to foreign media reports today, the Philippine National Police (PNP) announced yesterday that it will arrest students caught smoking or using vaping devices in public places, according to PhilStar Global.
Key point: According to foreign media reports today, Colin Mendelsohn, a member of the Australian Smoking Cessation Guidelines expert advisory group and founding chairman of the Australian Tobacco Harm Reduction Association, said strict regulation of the
Key point: According to the Trinidad Express, West Indian Tobacco Company (WITCO) plans to launch vaping products and is also studying cannabis-related opportunities.
Key point: According to foreign media reports today, Altria Group reported first-quarter 2023 net revenue of $5.72 billion, down 2.9% from the same period in 2022.