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The Family Smoking Prevention & Tobacco Control Act mandates that all new tobacco products must receive a premarket tobacco application authorization to be sold on the U.S. market. Any product without a PMTA approval cannot be legally sold in the United States and is considered “adulterated” or “illicit” under federal statute. Believe it or not, the FDA and economic advisers to President Barack Obama at the time feared that quickly implementing the new tobacco regulations would result in catastrophe for a blossoming vaping industry.