Illegal vapes are flooding the market and the government is scrambling
June 13, 2024 by fortune.com
Illegal vapes are flooding the market and the government is scrambling
American youth face a nicotine addiction crisis, with illegal e-cigarettes targeting children. Politicians criticized the FDA and DOJ for failing to regulate tobacco products, enabling e-cigarette companies to addict millions. A bipartisan hearing highlighted frustration over illegal vapes enticing teens with appealing flavors. The FDA's backlog of 27 million product applications led to minimal approvals. A new task force aims to combat the illegal e-cigarette market. Notably, the FDA lifted Juul Labs' marketing ban, leading to scrutiny on its re-entry. Chinese vape companies profit billions, exploiting regulatory gaps. Lawmakers intend to address these issues with upcoming legislation.
24.40% of the adult population are current smokers. There are approximately 288.3 million current smokers in China 46.40% of men are current smokers but only 1.90% of women.
SOURCE: GSTHR
