Global Vape industry news hot spot

1.Trump Says If Elected President, He Would Save America’s vape Industry

On September 20, 2024, former US President Donald Trump wrote on Truth Social: “I saved flavored vape in 2019, which has greatly helped people quit smoking. I raised the e-cigarette use age to 21 to keep kids out of reach of vape. Yet Harris and Biden want to ban everything and put small businesses out of business across America. I will save the e-cigarette again!”

2. New Zealand vape regulations come into effect on October 1

On September 24, the New Zealand Ministry of Health said on its website that the deadline for all vape devices to be equipped with removable batteries and child safety mechanisms is October 1, 2024. After October 1, any e-cigarette that does not meet these two requirements will be banned from sale.

Retailers, importers and manufacturers will no longer be able to sell or stock vape products without removable batteries and child safety mechanisms, and retailers who continue to sell non-compliant products will be fined up to NZ $50,000 and large companies will be fined up to NZ $400 thousand.

3. Philippines rules: vape prices must not be lower than the official minimum price

The Philippine Bureau of Internal Revenue (BIR) has now banned the sale of vape, cigarettes and heated tobacco products below the minimum price set by the tax authority, which is set by the tax authority’s combined excise tax and value-added tax.

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4. 71.3% of Malaysian respondents oppose vape retail display ban

A recent survey of vape consumers showed that 71.3% of respondents disagreed with the ban on the retail display of vape in the Public Health Smoking Products Control Act (Act 852). They expressed dissatisfaction with not being able to browse the product before making a decision (39.7%) and the difficulty of the purchase process (38.3%). If a retail display ban is implemented, consumers are likely to seek illegal vape alternatives (47.4%) or return to cigarette use (44.5%).

5. FDA Seeks Civil Fines Against 11 Retail Vendors Selling Unauthorized Electronic Cigarettes

On September 23, the FDA announced that the agency is seeking fines against two physical retailers and nine online retailers. The FDA had previously issued warning letters to the retailers accusing them of selling unauthorized tobacco products, but subsequent inspections found that the retailers failed to correct the violations. As a result, the FDA is currently seeking a civil penalty of $20,678 per retailer.

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