'When America sneezes the world catches a cold.'
I have not seen any discussion here, or anywhere for that matter, on how the election of Trump is likely to affect the vaping industry (not interested in a political discussion). My feeling is that it is a very positive development for the vaping industry.
A very simple argument to be made in light of jobs. Vaping = far safer than smoking. Vaping creates many jobs in SME's. FDA regs will kill the industry. Reminder: every new reg should be accompanied by the scrapping of 2.
I'm optimistic.
Vape companies try to galvanize Trump administration to ease FDA rules
As tobacco and vaping companies focus on new smoking products that are potentially less harmful, the industry sees an opening for rolling back rules on these products under the Trump administration.
Donald Trump’s surprise election victory in November, and his pledges to reduce federal regulations on business, led tobacco lobby groups to draft a new plan of action, according to company executives, lobbyists and consultants interviewed by Reuters.
The immediate goal is to delay implementation of new regulations on the latest generation of e-cigarettes and other vaping devices, which produce a vapor from liquid nicotine rather than burning tobacco.
Longer-term, they are setting their sights on repealing the 2016 law that treats these devices like cigarettes.
Lobbyists describe a cautious optimism as they approach lawmakers with their plans for products that they say can help traditional smokers quit and avoid the known dangers of tobacco. With U.S. sales of conventional cigarettes shrinking, Big Tobacco has made a major bet in recent years to dominate the e-cigarette industry.
....
“There is a much higher level of hope and a general belief that a new administration would be willing to take a new look and consider a harm reduction rather than abstinence only approach to nicotine,” said Michael Hogan, a lobbyist who represents the vaping industry at the Alpine Group.
http://www.reuters.com/article/us-usa-tobacco-vape-idUSKBN1522WU
I have not seen any discussion here, or anywhere for that matter, on how the election of Trump is likely to affect the vaping industry (not interested in a political discussion). My feeling is that it is a very positive development for the vaping industry.
A very simple argument to be made in light of jobs. Vaping = far safer than smoking. Vaping creates many jobs in SME's. FDA regs will kill the industry. Reminder: every new reg should be accompanied by the scrapping of 2.
I'm optimistic.
Vape companies try to galvanize Trump administration to ease FDA rules
As tobacco and vaping companies focus on new smoking products that are potentially less harmful, the industry sees an opening for rolling back rules on these products under the Trump administration.
Donald Trump’s surprise election victory in November, and his pledges to reduce federal regulations on business, led tobacco lobby groups to draft a new plan of action, according to company executives, lobbyists and consultants interviewed by Reuters.
The immediate goal is to delay implementation of new regulations on the latest generation of e-cigarettes and other vaping devices, which produce a vapor from liquid nicotine rather than burning tobacco.
Longer-term, they are setting their sights on repealing the 2016 law that treats these devices like cigarettes.
Lobbyists describe a cautious optimism as they approach lawmakers with their plans for products that they say can help traditional smokers quit and avoid the known dangers of tobacco. With U.S. sales of conventional cigarettes shrinking, Big Tobacco has made a major bet in recent years to dominate the e-cigarette industry.
....
“There is a much higher level of hope and a general belief that a new administration would be willing to take a new look and consider a harm reduction rather than abstinence only approach to nicotine,” said Michael Hogan, a lobbyist who represents the vaping industry at the Alpine Group.
http://www.reuters.com/article/us-usa-tobacco-vape-idUSKBN1522WU
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