New regulation bans sales of ‘non-tobacco flavors’

2022-06-18 0 By

The window of an e-cigarette store displays a variety of flavored tobacco bombs.On March 11, 2022, shares of Wuxin Technology (NYSE:RLX), the parent company of Yuenke, the “first stock” of e-cigarettes in China, fell more than 30% to close at $1.49, a record low.Earlier in the day, the State Tobacco Monopoly Administration (STMA) announced a regulation on e-cigarettes, which will take effect on May 1, 2022, focusing on the safety of e-cigarettes and how to protect minors.Electronic cigarette is the background of the way clear, a regulatory gaps, disorderly development, some products have nicotine (nicotine) content is not clear, add ingredients, smoke oil leakage problems, “especially part of publicity and mislead consumers, business operators induced minors smoking, violations of the minors’ health of body and mind”.The State Tobacco Monopoly Administration also released a draft for the second Consultation of the national standard for e-cigarettes (hereinafter referred to as the second consultation draft), which sets out more detailed regulations on e-cigarette production and aerosol additives.Among the measures and the second draft, the most notable is a future ban on non-tobacco-flavored e-cigarettes.Caitong Securities research report shows, with the last statement: this article copyright belongs to the original author, if there is a source error or infringement of your legitimate rights and interests, you can contact us through the mailbox, we will promptly deal with.Email address: jpbl@jp.jiupainews.com