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Daily News on Vape Industry March 29th, 2024

  1. In February 2024, China exported approximately US$2.56 million of vapes to Australia, a decrease of 19.23% month-on-month and 86.27% year-on-year; the export volume of approximately 49 tons decreased 11.49% month-on-month and 85.12% year-on-year.


  1. The GEEKBAR official account announced that in recent months, more and more products similar to the patented product “Geekbar Pulse” have appeared on the market, calling on consumers to be vigilant.


  1. The European Commission stated that it is currently reviewing EU tobacco law and any changes will depend on the results of this work, public consultation and impact assessment. But authorities in Latvia, Lithuania and Croatia are already looking to introduce stricter regulations to govern the products.


  1. Some people in the industry pointed out that RELXTechnology is about to fully acquire Jinjia Shares. Jinjia Shares responded that the news is untrue.


  1. The President of Romania signed a revised and supplemented tobacco products bill. The new bill comprehensively prohibits the sale of vapesto minors. Violators may face a fine of 100,000 lei ($21,000).


  1. On March 22, Tianjin Binhai Airport Customs discovered a large number of undeclared items hidden in the luggage of a passenger during the inspection of incoming passengers, confirming that it was a case of a tour guide manipulating group tourists to smuggle vapes. 36,000 vape podswere seized.