A leading figure in the retail vaping industry in Kentucky has stated that businesses statewide are experiencing a decline. A new law that affects most vaping product outlets will come into effect this January.
Tony Florence owns six vape stores in Kentucky and a manufacturing facility. He said his father died from lung cancer and his interest in the business has been to provide an avenue to help people quit smoking cigarettes. Florence said open-system vaping devices can work to that end.
“If it got to the point where 20 years from now, I went out of business because there were no more people smoking and no more people vaping, mission accomplished. I’m good with that,” said Florence, according to media reports.
But Florence predicts a vast majority of vape shops in Kentucky will be closing in the months ahead. He said HB 11, passed earlier this year, limits legal sales to relatively few products. Florence said disposable vape devices often do have higher nicotine levels, which can foster continued use.
Florence said he’s seen a trend since April when lawmakers passed the legislation.
“More and more stores just going out of business. They are not renewing leases. I mean, from a manufacturing-distribution standpoint, I’m down 80 percent since April. Because stores are just … they’re either not buying new product because they’re selling off the old or they’re going out of business,” said Florence.