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Daily News on Vape Industry February 26th, 2024

  1. In December 2023, China’s vapeexports to Kazakhstan were approximately US$11.58 million, a month-on-month increase of 47.74%, and a year-on-year increase of 74.78%; the export volume was approximately 225 tons, a month-on-month increase of 14.37%, and a year-on-year increase of 51.77%.


  1. The Director of the Center for Tobacco Products of the US FDA published an article reviewing the progress of tobacco product regulation in the past year, covering the CTP’s five-year strategic plan and the regulation of vapes. In 2023, the FDA did not issue any Marketing GrantedOrder (MGO) for atomized e-cigarette products but issued more than 6,800 Marketing Denial Orders (MDO).


  1. Altria is preparing to submit a marketing application for blueberry and watermelon flavored NJOY vapesto the FDA. In addition, the company plans to introduce its tobacco-flavored NJOY products into 100,000 stores by 2024, which will feature new packaging.


  1. The Florida Legislature in the United States is about to vote on an important bill. The bill seeks to require all vapestores to sell only FDA-approved products.


  1. The president of KT&G is about to change. Senior Vice President Bang Kyung-man has been identified as the final candidate and is expected to be formally appointed at the regular shareholders’ meeting in March.


  1. The UK Vaping Industry Association (UKVIA) has launched a “framework” for the vape licensing regime in response to the ban on disposable vapesand measures to restrict the category.


  1. Utah in the United States plans to ban the sale of flavored vapes, causing controversy. Supporters believe it will prevent teenagers from becoming addicted to nicotine, while opponents say it will harm the vapeindustry. The Senate has passed SB61 and will now go to the House of Representatives for a vote.