Mexico's Vaping Ban and BAT's Reaction, Concerns, and Potential Ramifications
January 23, 2025 by latinamericanpost.com
Mexico's Vaping Ban and BAT's Reaction, Concerns, and Potential Ramifications
British American Tobacco halted e-cigarette sales in response to Mexico's vaping restrictions and concerns over a growing black market. The company emphasizes the need for balanced rules to protect health, businesses, and tax revenues. Mexico's ban on e-cigarettes has impacted the tobacco industry, with BAT temporarily stopping vape sales. The focus is on preventing illegal markets and youth access while considering economic consequences. Mexico's ban stems from health worries, but BAT argues for regulated products to reduce harm and prevent illicit trade. The company suggests Mexico follow global examples of balanced regulations. BAT highlights potential tax losses from the black market and advocates for sensible regulations to allow adult smokers to access safer alternatives.
14.60% of the adult population are current smokers. There are approximately 14.0 million current smokers in Mexico 23.10% of men are current smokers but only 6.90% of women.
SOURCE: GSTHR