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Daily News on Vape Industry May 11th, 2024

  1. Vapesales in Florida, USA, increasedsignificantly in 2023, reaching US$410 million. Among them, three brands, ELF BAR, Fume and HQD, contributed a total of more than US$355 million in sales. Fume contributed $162 million in sales, HQD contributed $127 million, and ELF BAR contributed $66 million.


  1. In March 2024, China’s vapeexports to Australia were approximately US$1.14 million, a month-on-month decrease of 55.35%, and a year-on-year decrease of 96.58%; the export volume was approximately 28 tons, a month-on-month decrease of 43.34%, and a year-on-year decrease of 95.59%.


  1. The US FDA will hold a free webinar on June 11 to discuss youth tobacco prevention.


  1. Thailand’s Prime Minister announced plans to reclassify cannabis as a controlled substance and is committed to enacting a new cannabis regulation by the end of the year. The law seeks to prohibit recreational use of marijuana while clarifying that it is limited to legal use for medical and health treatments.


  1. JTI America has decided to relocate its headquarters from New Jersey to North Carolina. It is expected that this move will bring more than 100 new job opportunities to Rayleigh, the capital of North Carolina.


  1. British analytical and regulatory services company Inter Scientific announced the launch of a new portal to help law enforcement agencies, manufacturers and consumers increase transparency in the vapeindustry.


  1. In 2023, the number of students in Singapore who have been punished for vapesincreasedto 955. The Health Science and Technology Bureau stated that it will strengthen law enforcement and first-time offenders will be referred to the Health Science and Technology Bureau.