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Daily News on Vape Industry May 6th, 2024

  1. A joint operation by the US FDA and the Department of Justice seized more than 45,000 illegal vapeswith a total value of approximately US$703,000. The brands involved in this seizure include Puff Bar/Puff, EIf Bar/EB Design, EscoBar, Kuz, Smok and Pixi, etc.


  1. The US FDA issued warning letters to 14 online retailers, pointing out that the vapessold by these merchants are not approved by the FDA and are extremely popular among teenagers. The brands mentioned in the warning letter include well-known vapebrands such as Elf Bar/EB Design EscoBar, Funky Republic, Hyde, Kang, Cali Bars and Lost Mary.


  1. The latest freight report released by Global Logistics Group stated that the global manufacturing purchasing managers index (PMI) showed signs of recovery despite the impact of instability in the Middle East on trade routes. Of particular note is the 50% surge in air freight demand for vapes, while the sea freight market has also witnessed significant growth.


  1. The autonomous government of Northern Ireland in the United Kingdom has made a decision to completely ban the sale and circulation of disposable vapesby April 2025.


  1. The U.S. Drug Enforcement Administration is considering adjusting the classification of marijuana to a less dangerous drug, and the American Vaping Association has publicly expressed support for this.


  1. The Philippine Bureau of Internal Revenue (BIR) stated that the government is strengthening measures to combat the circulation of illegal vapes by introducing seals and digital tracking systems to ensure that all vapes sold are registered products.


  1. TurningPoint Brands, an American vapecompany, achieved sales of US$97.1 million in the first quarter of 2024, of which sales of nicotine bag products increased by 11.5%.