Tuesday 19 April 2016

Lookout: Regulations That Could Effect The Vaping Industry

The internet is buzzing. Buzzing with talk of potential regulations on e-cigarettes and other vaping devices. We all speculate on what has, could and should happen. Like hawks, just watching and waiting. Right now it's a free market. We set the prices and determine how much nicotine we can put in our products and how they are manufactured. There are no monopolies and everyone is making money. The Vaping Industry is regulating itself and setting the rules for now.

Current and Potential National Regulations
There are people out there who are anti-vaping who feel as strongly about regulating it as pro-vapors feel about not. One regulation that has begun to take place is child-proofing e-liquids. This is a good one because no one wants any child to get into an adult product. The problem is that this is a gateway regulation and it's only the beginning. One proposal includes forcing manufacturers to make changes to their current products. It would include the current tamper-proof cap but would go a step further than that. Cartomizers, cartridges, and atomizers would only be able to be filled one premium online e liquid juice. The idea was safety as well as limiting nicotine consumption. This would hugely impact e-liquid sales. It would drive the prices up because you can't refill it. That's more material being consumed. The way cigarette butts fill the sidewalks would be replaced with plastic and metals from the cartridges. The environmental impact could be disastrous. Some companies have begun making recyclable e-liquid packaging to attain a head start on the possible regulations.

Enormous Taxes
Some states are in the process of charging taxes that will make e-cigarettes as expensive as tobacco products. Vermont has proposed a 92% tax hike on all vaping products. That would be almost double what it currently is. New York has proposed a bill that already has a name. A.B.7106 wants to put a 95% tax on any vapor products. This would put them in the same category as cigarettes and redefine the law. Any vendor would be required to obtain a tobacco retail license. All smokeless products like snuff would have a tax increase from the current 75% to 95%. North Dakota is the strictest state however, and have banned e-cigarettes in most public as well as private property in most of the state.

Other Regulations
The problem is that any regulations at all would make it too expensive for small companies to compete. They would get pushed right out of the market. Having to completely repackage vapor products like a law in Illinois is proposing would be too expensive on top of all of the taxes and disposable cartridges. This would begin the process of only large corporations taking over the market just like the tobacco industry does now. We would lose all of the quality e-juices we have become accustomed to in favor of a few most likely tobacco flavored brands.

How Can We Help?
The best way to help keep vaping the way we know and love is to voice your opinions. Tell your local Congressmen and Representatives how you feel. Write letters and call them. Have any friends who also vape do the same. Sign any petitions you can and get involved. Join any pro-vaping sites you can find and post the positive things that vaping has done for your life. Remember our Congressmen and local Representatives work for us, not the other way around. This is how laws are made. You've to stand up for what you believe in to get things done.

Reference: http://www.lizardjuice.com/blog/lookout-regulations-effect-vaping-industry/

1 comment:

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