Tag: e-cigarettes

  • ElfBar, Lost Mary Sales Boost Supreme’s Profits

    ElfBar, Lost Mary Sales Boost Supreme’s Profits

    Credit: JIRSAK

    ElfBar and LostMary could be the ones to thank for Supreme’s favorable six months as the firm rings in the half-year mark with record revenues and profit growth.

    The ElfBar distribution alone contributed to £26.4 million ($33.3 million) of its £64.6 million revenue in the period, Supreme said today, alongside “strong organic growth” of £8.7 million in areas such as lighting, vaping, nutrition and wellness.

    Gross profits for the firm are up 63 percent, from £18.2 million to £28.5 million, according to media reports.

    The numbers come after the firm was chosen this summer as the master distributor for two leading UK vaping brands, ElfBar and Lost Mary, which it has begun to supply to major UK retailers such as Tesco, Morrisons and WHSmith Travel.

    The London-listed company said at the time it expected the partnership to generate revenues of £25 million to £30 million over the next fiscal year ending March 2024.

    In just four months since the partnership was announced, it’s reached over double the goal.

  • New Dates for COP10, MOP3 in Panama Announced

    New Dates for COP10, MOP3 in Panama Announced

    Photo: JeromeMaurice

    The World Health Organization has announced the dates for the resumed in-person sessions of the 10th session of the Conference of the Parties (COP10) to the Framework Convention on Tobacco Control (FCTC) and the third session of the Meeting of the Parties (MOP3) to the Protocol to Eliminate Illicit Trade in Tobacco Products.

    Following communication received from Panama, the host country of COP10 and MOP3, and in consultation with the Bureaus of the Conference of the Parties to the FCTC and of the Meeting of the Parties to the Protocol, the dates for the resumed in-person sessions of COP10 and MOP3 have now been set as follows:

    • Resumed COP10: Feb. 5-10, 2024
    • Resumed MOP3: Feb 12-15, 2024
  • Australia to Ban Single-Use Vape Imports From 2024

    Australia to Ban Single-Use Vape Imports From 2024

    Credit: Yavdat

    Australia will ban imports of disposable vapes beginning January 1, the Health Minister said on Tuesday. It is the first step in a crackdown aimed at curbing the growing popularity of nicotine-filled vaping devices with young people.

    The ban will be expanded in March to include all non-therapeutic vapes, including refillable devices, while importers of vapes for medical purposes will need permit from the Office of Drug control, Health Minister Mark Butler said in a statement, according to Reuters.

    The legislative package will also include a total A$75 million in extra funding for the Australian Border Force and the Therapeutic Goods Administration to enforce the new rules.

    Additional legislation next year will apply the same prohibitions to domestic manufacturers.

    “These are the vapes that have pink unicorns on them, bubblegum flavouring, disguised in order for them to hide them in their pencil cases,” Butler told a news conference.

    To ensure the bans don’t limit access for smokers looking to quit, doctors and nurses will be given expanded powers in January to prescribe therapeutic vapes where clinically appropriate.

    But therapeutic vapes will be restricted from using flavors, have limited nicotine levels and be sold in pharmaceutical packaging under new rules to be introduced next year, with a transition period for manufacturers to comply.

  •  ‘Systemic Failures’ Blamed for Panama COP10 Delay

     ‘Systemic Failures’ Blamed for Panama COP10 Delay

    Photo: Unitas Photography

    The Coalition of Asia Pacific Tobacco Harm Reduction Advocates (CAPHRA) blames “systemic failures” at the World Health Organization Framework Convention on Tobacco Control (FCTC) for the postponement of the 10th Conference of the Parties (COP10) that was due to take place last week in Panama.

    “While the ‘official’ reason for the postponement of the conference was said to be security issues on the ground in Panama, it has come to light that the unfulfilled COP10 organization contract for which $5 million was allocated by the Panamanian Ministry of Health was terminated by the government at the end of October, finding itself without any service provider to ensure the event took place,” CAPHRA wrote in an e-mailed statement.

    “The fact that the WHO FCTC knew in October that they did not have a venue or conference planning underway and waited until the week before the conference was due to begin before cancelling it shows contempt for member states and a blatant disregard and dismissal of the months spent creating and submitting position papers, requesting budget allocations from their governments and planning their attendance—including airfares, visas and hotel reservations,” the tobacco harm reduction group wrote.

    “But then again, it seems a nonissue that $5 million disappeared, said the CAPHRA. Money that doctors in Panama said would be better spent on actual healthcare in the country—incubators, medicines and facilities.”

    According to CAPHRA, the WHO FCTC’s actions not only threaten public health but also cause economic strain and foster next-generation addiction.

    “The WHO FCTC is tone deaf to anything or anyone that questions the work they are mandated to do,” said CAPHRA Executive Coordinator Nancy Loucas. “This includes sabotaging health policies, negatively impacting the environment and using funds from Big Pharma and the Bloomberg Foundation, among others, to promote misleading narratives and undermine tobacco harm reduction efforts.” 

  • PMI Names Parman as U.S. Communications Officer

    PMI Names Parman as U.S. Communications Officer

    Photo: PMI

    Philip Morris International has appointed Travis Parman as vice president and chief communications officer of the U.S.

    “We are thrilled that Travis is joining us in our bold ambition to deliver a smoke-free future in the United States. We’re on a mission to replace cigarettes—the most harmful form of nicotine consumption—as soon as possible with science-based smoke-free alternatives that are a better choice than continued cigarette use,” said Stacey Kennedy, president of the Americas region and CEO of PMI’s U.S. business, in a statement. “With his passion for positive change and deep communications experience in the U.S. and internationally, Travis will be a valuable addition to our leadership team.”

    Parman joins PMI from AppHarvest, a tech-driven sustainable food company based in Kentucky, where he served as chief communications officer since 2020. He previously held multiple roles with the Renault-Nissan-Mitsubishi Alliance in Paris; Nashville; and Yokohama, Japan—most recently as vice president of international communications and global engagement.

    Prior to his work with the alliance, he held public relations and communications leadership roles at General Motors, Ally Financial and PulteGroup. Parman holds a master’s degree in communications management from the Newhouse School of Public Communications at Syracuse University and a bachelor’s degree in communications from the University of Tennessee.

    “Joining PMI at such a pivotal moment in the company’s journey toward a smoke-free future provides the perfect opportunity to drive meaningful change, which has been a hallmark throughout my career as a communicator,” said Parman.

  • Supreme to Announce 2023 Earnings, Record Revenues

    Supreme to Announce 2023 Earnings, Record Revenues

    Investors will be laser-focused on regulatory pressures when prominent vape distributor Supreme plc reports its audited interim results on Tuesday, November 28.

    The AIM-listed company is expected to post record sales but forward guidance will be paramount amid a crackdown on underage vaping single-use next-generation products, according to Proactive Investors.

    U.K.-based Supreme supplies a range of formats across several vaping brands, including 88Vape, Liberty Flights, KiK and T-Juice.

    The company has expressed enthusiasm for greater oversight in the vaping industry but bearish share price performance following Prime Minister Rishi Sunak’s hawkish comments in October pointed to concern among Supreme stakeholders.

    According to Supreme’s chief financial officer Suzanne Smith, the negative press surrounding underage vaping is doing considerable harm to what she sees as a device whose primary purpose is getting adults off the smokes.

    “If we can nip that in the bud, vaping can be celebrated again for what it was there to do, which was to get people off smoking,” Smith told Proactive in October.

    Since then, Supreme has announced changes to its products, including plainer packages, age-appropriate flavors, suitable locations in stores, and in-store vape-disposal bins.

    Some of these changes will come with costs and concerns over alienating existing customers.

    Nevertheless, Tuesday’s interim earnings call is expected to be bullish, with company guidance citing interim revenues exceeding £100 million ($126 million), with underlying earnings of no less than £15 million.

    The disposable vaping brand ElfBar distributions are expected to comprise around half of all sales and gross profits for Supreme.

  • BAT Calls for ‘More Stringent’ Regulations on Vaping

    BAT Calls for ‘More Stringent’ Regulations on Vaping

    BAT has called for “more stringent” regulations on vaping, including a licensing regime similar to alcohol and cigarettes.

    The London-based e-cigarette and traditional tobacco manufacturer also wants a ban on flavors that “uniquely” target children.

    The UK government is already considering new regulations amid concerns that many young people are vaping, according to the BBC.

    It has promised legislation following a public consultation that is currently underway.

    BAT is the third-largest seller of vapes in the UK, according to market research firm NielsenIQ.

    It sells Rothmans and Lucky Strike cigarettes and is the most successful of the big western tobacco companies in the UK’s booming market for disposable vapes, thought to be worth at least £3 billion ($3.78 billion) a year.

    BAT is calling for vape sellers to be licensed and for licenses to be taken away from firms caught selling to minors. You must be 18 to buy vapes in the UK legally.

    The company also wants a ban on soft drinks and sweet or dessert flavors such as gummy bears or cotton candy, which it says appeal “uniquely” to the young.

    BAT doesn’t sell these flavors, though they have been a factor in the success of market leader Elfbar, the number two, SKE, and other brands.

  • Foundation for a Smoke-Free World Severs Nicotine Ties

    Foundation for a Smoke-Free World Severs Nicotine Ties

    Credit: Akeeris

    The Foundation for a Smoke-Free World, which was originally funded by Philip Morris International (PMI), announced that it would no longer accept any monetary support from the nicotine industry to gain the trust of tobacco control groups.

    PMI had pledged to give tens of millions of dollars each year to keep the foundation afloat between 2022 and 2029. In September, they provided a final grant of $122.5 million, equivalent to around three and a half years of their original commitment.

    The foundation will now rebrand and find new funders from outside of the industry, Cliff Douglas said in an interview with Reuters.

    Douglas, a long-time tobacco control advocate who joined the foundation in October, said he wants to see it re-established as a credible actor in ending smoking.

    “Any skepticism around our independence can be laid to rest,” he said.

    Douglas pointed to several tobacco control advocates who have sounded positive about the foundation’s new direction. However, other groups remained skeptical about whether it can reset its image.

  • Comment Period for Ireland’s Vaping Rules Begins

    Comment Period for Ireland’s Vaping Rules Begins

    Credit: Milbsie

    Vapers in Ireland can now have their say from today on the future regulation of vaping products.

    Minister for Health Stephen Donnelly has brought legislation before the Oireachtas that will ban under-18s from buying e-cigarettes.

    Minister of State Hildeguarde Naughton said the Department of Health wants to know if the public favors further restrictions as well.

    “I have given a commitment to further legislation in this area,” she said, according to NewsTalk.

    “That’s why we’re launching this consultation today; it runs until January 5th to get people’s views about what other measures we need to introduce in order to decrease the appeal of nicotine and inhaling products.”

    Over the next four weeks, the public will be consulted on a number of areas, including:

    • The display of nicotine-inhaling products in shops
    • Nicotine-inhaling product flavours
    • The appearance of nicotine inhaling products
    • Proxy sales of tobacco and nicotine-inhaling products
    • Smoking in outdoor dining areas
    • Extending smoke-free restrictions to vaping
    • Increasing the age of sale for tobacco products
    • Increasing the price of vapes

    Naughton wants “as many people as possible” to engage in public consultation over the coming weeks.

    The public consultation is now open for submissions for a six-week period until Friday, January 5, 2024.

    The smokers’ rights group Forest has criticized recommendations to regulate the sector further, saying there is a risk that policy will be created “in haste.”

    Forest spokesperson John Mallon said: “We urge the government not to succumb to some moral panic about vaping and to regulate reduced risk products with a light touch that doesn’t impact on their effectiveness as a safer alternative to cigarettes.”

  • New Zealand Ditches Generational Tobacco Ban

    New Zealand Ditches Generational Tobacco Ban

    Photo: asanojunki0110

    New Zealand’s new coalition government plans to scrap the country’s controversial generational tobacco ban, which would have prohibited tobacco products for people born after 2009, reports CodeBlue.

    The coalition agreement signed on Nov. 24 by the National Party, the ACT and New Zealand First in the wake of country’s general elections calls for a repeal of amendments to the Smokefree Environments and Regulated Products Act 1990 and regulations, which took effect Jan. 1, 2023,

    In addition to prohibiting anyone from selling or supplying smoked tobacco products to people born on or after Jan. 1, 2009, the amendments would have restricteded the sale of smoked tobacco products to a limited number of approved retail outlets and extend the act’s regulatory powers over the composition of smoked tobacco products, such as nicotine levels.

    While ditching the generational tobacco ban, the new government vowed to get tough on vaping by banning disposable e-cigarettes and increase penalties for illegal sales to those aged under 18.

    Health advocates criticized the reversal of the amendments. “Way to start being health minister—by caving into the tobacco industry,” New Zealand’s former Health Minister Ayesha Verrall wrote on X about her successor, Shane Reti. “Repealing smokefree laws will mean thousands of deaths and billions of health.”

    Smoker rights’ group Forest welcomed the repeal, and urged British Prime Minister Rishi Sunak to follow suit by abandoning similar measures in the United Kingdom.

    “The policy treats future generations of adults like kids and it won’t work. It will simply drive smokers into the hands of illegal traders and criminal gangs,” said Forest Director Simon Clark.

    “The consequences of the policy, which would eventually allow a 40-year-old to legally buy cigarettes while denying that right to a 39-year-old, are absurd.

    “Having stolen the idea from the previous New Zealand government, the prime minister should follow the example of the next New Zealand government and scrap this crazy idea.”

    On the same day of the announcement in New Zealand, Malaysia’s approved revisions to the Control of Smoking Products for Public Health Bill 2023 that decoupled that country’s planned generational end game ban from the tobacco and vape control bill.