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Daily News on Vape Industry March 19th, 2024

  1. In December 2023, China’s export volume of vapesto Latvia was approximately US$4.34 million, a month-on-month increase of 26.02%; the export volume was approximately 86.5 tons, a month-on-month increase of 30.94%.


  1. Smore (06969.HK) released its full-year results for 2023, with total annual revenue of RMB 11.17 billion; overseas revenue grew steadily, achieving revenue of RMB 11.01 billion, an increase of 11.2% compared with 2022.


  1. LOST MARY launched a new vape”Psyper 2500″ in South Korea. The product has a capacity of 8ml and is priced at 10,000 won (approximately US$7.50).


  1. The British Local Government Association recommends imposing heavier fines on businesses that breach the ban on disposable vapesto deter unscrupulous businesses.


  1. British American Tobacco’s CEO denies rumors of moving to New York for listing. Changing the listing location will cause a lot of disruption internally, he said.


  1. U.S. Vice President Harris called for changes in marijuana policy, calling current federal restrictions on marijuana “ridiculous.”


  1. The Philippine authorities seized 100,000 FLAVA vapes, which were allegedly suspected of tax evasion of up to 9.8 million yuan.


  1. Investigation results released by the Swiss Anti-Tobacco Action Alliance (AT Schweiz) show that most disposable vapessold in Switzerland violate legal regulations, such as vapeliquid exceeding the legal limit.