E-cig sellers jockey for market position before FDA issues regulations
The Swansea based firm which itself employs 14 people at its distribution centre and high street stores, has joined a growing Europe wide lobby against a Brussels proposal to class e-cigs as medicines in the same way as nicotine gums and patches which help smokers quit. E-cigarettes contain nicotine but vaporise waste products and manufacturers claim they are an alternative to standard tobacco cigarettes which produce damaging tar and smoke as well as help smokers cut down or quit. Its estimated around 1.3 million people use them in the UK with the market expected to reach 250m per year in 2014. ECigaretteDirect.co.uk co-founder James Dunworth buys his products from China where they are made under licence and distributes them through an online site and a high street store. He said: Classing e-cigarettes as medicines will destroy businesses such as ours as the tests required will cost about 1m per product and we have 30 different flavours. It just would not be viable.
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E-cigs: Puff, puff, prescribe Blu eCigs founder Jason Healy discusses the regulation of e-cigarettes as medicine in the U.K. starting in 2016. After years on the sidelines, No.
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Eonsmoke Electronic Cigarettes Reaches 15,000 Retail Locations in USA
“We’re starting to go national by opening distribution relationships and people are really starting to notice; the company is starting to get intense investor interest after last month’s major Big Tobacco news of investment into electronic cigarettes.” Last month in June 2013, Phillip Morris announced they will launch their own electronic cigarette brand MarkTen in August of the same year. R.J. Reynolds has announced similar news with their brand, Vuse which is expected to go national later this year. Lorillard already sells an e-cigarette under the Blu Cigs trademark after the acquisition was made in April 2012. “The brand is really starting to expand nationally as we pursue an active growth strategy which involves continuous product development investment and vast marketing expenses,” says Michael Tolmach, the Chief Executive Officer of Eonsmoke, LLC.
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