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

Daily News on Vape Industry December 29th, 2023

  1. In November 2023, China exported approximately US$27.16 million in vapes to Malaysia, a month-on-month decrease of 10.42% and a year-on-year decrease of 2.01%; the export volume was approximately 640 tons, a month-on-month decrease of 7.01% and a year-on-year increase of 12.38%.


  1. British American Tobacco Nigeria was fined US$110 million for violating the country’s tobacco regulatory laws and will be subject to compliance monitoring for the next 24 months.


  1. China’s State Tobacco Monopoly Administration has updated the list of certified vapeinspection and testing institutions, with a total of 29 institutions certified.


  1. The U.S. Court of Appeals dismissed investors’ securities fraud class action lawsuit against Philip Morris International. Investors challenged PMI’s statements about IQOS clinical studies and Japanese IQOS sales submitted to the U.S. FDA, but the court ruled that these challenges were not valid.


  1. The Argentine government submitted a bill to Congress to increase the general tobacco tax from the current 70% to 73%.


  1. The British government announced a new nationwide recycling scheme, with a special focus on the treatment and recycling of vapewaste.


  1. The Indonesian government’s adjustment of the health bill has caused controversy. The tobacco industry is worried that the new bill may cause damage to its business and related industries, involving labor, farmers, retail and advertising industries.


  1. The Korean Food and Drug Safety Agency issued new regulations requiring tobacco manufacturing, importing and selling companies to test harmful ingredients in cigarette products every two years and publicly report test results and information on tobacco additives.