WARNING: This Product Contains Nicotine.
Nicotine is an addictive chemical.

Daily News on Vape Industry December 21st, 2023

  1. In November, China’s vapeexport volume was approximately US$941 million, a month-on-month increase of 8.55%, and a year-on-year decrease of 1.89%; the export volume was approximately 22,400 tons, a month-on-month increase of 8.37%, and a year-on-year increase of 30.18%.


  1. China Tobacco Hong Kong released a positive profit announcement for the full year of 2023. The announcement shows that China Tobacco Hong Kong’s net profit attributable to the parent company is expected to rise by more than 50% in 2023.


  1. In October 2023, China’s e-cigarette exports to Indonesia were approximately US$6.05 million, a month-on-month decrease of 27.99%, and a year-on-year decrease of 12.57%; the export volume was approximately 90 tons, a month-on-month decrease of 30.73%, and a year-on-year increase of 28.31%.


  1. JUUL is seeking to market and certify its new mint-flavored vape podin the United States and introduce a user age verification system in order to obtain FDA approval.


  1. The Indonesian vapeindustry opposes the 2024 tax plan, believing that the plan lacks legal basis and is regarded as an unfair measure by the government, triggering protests from small, medium and micro enterprises.


  1. JUUL agreed to pay a $130,000 settlement to resolve fraud charges filed by Osceola County, which will use the money to combat youth smoking cessation. So far, JUUL has reached settlements with 47 states and more than 5,000 governments.


  1. The Suffolk County Council in New York State unanimously passed a bill aimed at banning vapes disguised as daily useitems, such as school supplies.