Vaping News & Analysis
2 articles
Market Mood
New Vaping Tax Imposes £2.20 Per 10ml for E-Liquids
A new Vaping Product Duty will be implemented at £2.20 per 10ml of e-liquid. Sellers have six months to sell old stock at the existing price, meaning price increases may not be immediate for consumers. This tax aims to make vaping less appealing to young people amid rising health concerns. In addition, the government is launching a traceable stamp for vaping products starting in April to combat illicit trade. This measure could lead to higher prices and reduced demand for vaping products, impacting market dynamics significantly.
Read More: New Vaping Tax Imposes £2.20 Per 10ml for E-Liquids
Juul Authorized to Sell Updated E-Cigarette with Age-Verification
The FDA has authorized Juul Labs to market a new e-cigarette device featuring an age-verification system designed to restrict access to minors. This updated device comes along with the release of two flavored pods. The approval allows Juul to expand its product offerings amid ongoing scrutiny over youth vaping. This development is significant for investors as it may influence Juul's market position and sales performance in the competitive vaping industry.
Read More: Juul Authorized to Sell Updated E-Cigarette with Age-Verification