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Washington Examiner

Tobacco stocks surged Wednesday on news the Food and Drug Administration could ban all e-cigarette flavors, and bring forward product application deadlines set to bankrupt most of the industry. Following months of intense but mostly anecdotal reports of vaping sweeping high schools, FDA Commissioner Scott Gottlieb has given America's top five e-cigarette manufacturers 60 days to come up with plans to tackle the alleged scourge of teen vaping. If these plans prove unsatisfactory, the FDA could remove all flavored e-cigarettes from the market and bring forward the deadline for costly product applications currently set for 2022.