- Recently, Brazilian customs seized more than 1,000 smuggled vapes, involving vapebrands such as “IGNITE” and “OXBAR”, and the value of the items involved was as high as 78,000 reais (about 99,149 yuan).
- Veronica Choo, head of corporate communications at Philip Morris International Malaysia (PMM), said that the company has invested a total of US$12.5 billion in research and development to produce new tobacco products, and the number of users of new tobacco products has reached 36.5 million.
- A study by Duke University and Yale University in the United States found that some tobacco companies use unregulated nicotine analogs in vapes, and their content does not match the packaging labels, which seriously misleads consumers. The health effects of these nicotine analogs have not yet been clarified and may circumvent existing FDA regulations.
- South Korean tobacco manufacturer KT&G today announced its Q2 quarterly financial report ending June 30, 2024. The company reported consolidated revenue of 1424 billion won (about 1.03 billion U.S. dollars) and operating profit of 321.5 billion won (about 230 million U.S. dollars), up 6.6% and 30.6% year-on-year respectively.
- According to the survey results of the German VapeIndustry Association (VdeH), about 75% of hookah shops sell illegal vapes. Illegal vapesusually contain too high nicotine and excessive filling oil, which many consumers are unaware of, and these products are mainly aimed at teenagers.