According to the Manila Bulletin on December 12, Philip Morris International (PMI) announced at its latest Technology Innovation Summit that it plans to increase the proportion of revenue from new tobacco products to 66% by 2030, compared to the current 38%. Stefano Volpetti, CEO and Chief Consumer Officer of PMI’s smokeless inhalable products category, said […]
Read MoreAccording to Watoday on November 9, despite an estimated one million Australians using vapes, pharmacies only sold 3,500 times in the first month of a plan launched by the federal government to include vapes in pharmacy products to combat the black market. There are about 5,800 pharmacies across Australia, but data shows that thousands of […]
Read moreAccording to Meganoticas on November 10, the First Chamber of the Federal Supreme Court of Mexico ruled that the ban on the import of vapes and related products was unconstitutional. The ruling was reviewed based on the Import and Export Tax Law promulgated on June 7, 2022, and the project proposed by Judge Jorge Pardo […]
Read moreAccording to Panamericana Televisión on November 12, the Peruvian Congress issued Law No. 32159, which aims to take a series of measures to “control the consumption of tobacco products, nicotine or its substitutes, and protect life and health.” The decree amended previous relevant regulations and regulated vapes for the first time. The law stipulates that […]
Read moreAccording to the latest data from Nielsen, the revenue of the US vape industry dropped significantly in the first half of this year, with vape sales falling by 8.3% year-on-year. The market share of Reynolds’ flagship product, Vuse vape, has declined again, and Altria Group has struggled to make progress in its acquisition of NJoy. Vuse’s market […]
Read moreOn November 5, the UK government submitted the Tobacco and vapes Bill to Parliament, which includes a proposal for a licensing scheme for retailers selling tobacco, vapes and nicotine products in England, Wales and Northern Ireland. The bill involves some of the world’s strictest anti-smoking rules, including a ban on smoking for young people aged […]
Read moreAccording to Raajje on November 3, Maldives President Dr. Mohamed Muizzu has approved the amendment to tax cigarettes and vapes. In mid-October this year, the parliament passed a proposal to tax vapes and cigarettes with 65 votes in favor. The President of Maldives approved the 19th Amendment to the Export and Import Act, which made […]
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