Tag: news

  • RLX Reeling From Illicit Flavored Vape Products

    RLX Reeling From Illicit Flavored Vape Products

    relx vaping products
    Creit: RELX

    RLX Technology reported net revenues of RMB188.9 million ($27.5 million) for the first quarter of 2023, down from RMB1.71 billion in the same period of 2022. Gross margin was 24.2 percent during the quarter, compared with 38.3 percent in the comparable 2022 period. GAAP net loss was RMB56.3 million, compared with GAAP net income of RMB687.1 million in the same period of 2022. Non-GAAP net income totaled RMB183.6 million, down from RMB361.8 million in the same period of 2022.

    RLX Technology attributed its struggles to fierce competition from illicit products. “We experienced an incredibly challenging first quarter as illegal-flavored products caused users’ slow shift to products that meet the national standards and drove our total revenues down to RMB188.9 million. Our gross margin declined as we incurred the full effect of the new excise tax in the first quarter,” said RLX Technology Chief Financial Officer Chao Lu in a statement.

    “We are pleased that market conditions have improved, following the regulators’ strict actions to combat illegal products since March 2023. As a result, our sales are showing signs of recovery. Looking ahead, we will continue improving our operational efficiency and believe our profitability will gradually recover. Our resilient business model and solid cash position will support us as we navigate the market dynamics, enabling us to deliver sustainable value to our stakeholders as the industry regains momentum.”

    According to RLX Technology co-founder, CEO and Board Chair Ying (Kate) Wang, the company remained focused on optimizing its product offerings under the new regulatory framework during the first quarter.

    “While we strive to develop diversified, new, approved products that cater to users’ various demands, the prevalence of illegal products has posed near-term challenges to our sales and disrupted the recovery pace of the industry as a whole.

    “The increasing efforts put forth by the regulators to crack down on illegal products have been encouraging, and we are hopeful that these will be effective in supporting the creation of fair and orderly market conditions, prompting a return to sustainable growth for law-abiding companies such as RLX Technology.

    “If illegal products can be pushed out of the market, we believe adult users will gradually adapt to products that meet national standards. As a trusted e-vapor brand for adult smokers, we remain committed to providing compliant, superior products that meet our users’ needs as we continue exploring growth opportunities in the evolving industry.”

     

  • Pinney Associates Announces New Leadership

    Pinney Associates Announces New Leadership

    Joe Gitchell
    Judy Ashworth
    Lucy Owen
    Robyn Gougelet

    Pinney Associates has announced a new leadership team.

    Joe Gitchell recently assumed the role of CEO, Lucy Owen is its new president, Judy Ashworth has been promoted to senior vice president, and Robyn Gougelet has been promoted to vice president, health policy and regulatory strategy.

    In their new roles, they provide strategic advice and tactical support to help clients reduce regulatory risk and achieve regulatory approval across our four practice areas. Pinney Associates helps clients switch prescription medications to over-the-counter status, supports the clinical and regulatory development of central nervous system-active medications, advises on the development and commercialization of dietary ingredients and supplements, and advances research and policies to minimize the death and disease caused by smoking cigarettes.

    Owen guides clients through the complex and dynamic Rx-to-OTC switch regulatory process and specializes in developing and executing science-based regulatory strategies. Ashworth guides the clinical development of CNS-active drugs in a challenging and rapidly evolving regulatory environment.

    Gougelet advises clients on public health legislative and regulatory policy efforts, as well as regulatory submissions to the U.S. Food and Drug Administration.

    “We are thrilled to have promoted these talented individuals to our leadership team,” said John Pinney, founder and chair of Pinney Associates, in a statement. “Each of them brings unique skills and experiences that will help us continue to deliver exceptional value to our clients and better public health.”

    “For over thirty years, Pinney Associates has worked hand-in-hand with our clients to overcome their regulatory and policy challenges by identifying root causes and developing innovative solutions based on medical and behavioral science and public health. We look forward to future collaborations with clients to increase access to products that advance individual and public health,” said CEO Joe Gitchell.

    Pinney Associates is a science-based health consulting firm with resources and experience in scientific, medical, public health, regulatory and commercial aspects of prescription and consumer healthcare products.

  • New Study Finds E-cigarette Lung Damage Unproven

    New Study Finds E-cigarette Lung Damage Unproven

    Credit: FrameStock

    A recent study comparing lung inflammation between smokers and nonsmokers does not prove any causality between the use of e-cigarettes and lung damage, according to researchers from the Center of Excellence for the acceleration of Harm Reduction (CoEHAR) in Catania, Italy.

    A recently published study by a team of American researchers compared the scans of the lungs of five electronic cigarette users, five tobacco cigarette smokers and five subjects who never smoked or vaped. Data suggested preliminary evidence that e-cigarette users had greater pulmonary inflammation than cigarette smokers and never smoke/vape controls, implying even a greater damage to health.

    In a letter to the editor of The Journal of Nuclear Medicine, the CoEHAR researchers expressed their concern about the study. “The very small sample size and low reproducibility of the tests does not allow us to give a precise and scientific answer on pulmonary inflammation caused by vaping because it does not take into consideration fundamental factors, such as the prior exposure to tobacco smoking,” said CoEHAR founder Riccardo Polosa in a statement.

    “The very small sample size and low reproducibility of the tests does not allow us to give a precise and scientific answer on pulmonary inflammation caused by vaping because it does not take into consideration fundamental factors, such as the prior exposure to tobacco smoking.

    Because it is impossible to decouple the health impact of e-cigarette aerosol emissions from prior tobacco smoke exposure, only long-term follow-up of exclusive vapers who have never smoked can verify potential harm caused by electronic cigarettes use.

    CoEHAR stresses the need to develop and adopt shared scientific research standards and a greater control of publication processes: “We often opposes poor quality designed scientific results that are published in prestigious journals without proper scrutiny: researches that only feed an unfounded anti-vape rhetoric based on preconceptions that try to dissuade smokers from making choices that are less harmful to their health,” said Polosa.

  • FEELM Scores Major Awards at 2023 Vaper Expo UK

    FEELM Scores Major Awards at 2023 Vaper Expo UK

    The China-based closed-pod system solution provider FEELM took home several awards from the Vapouround 2023 annual awards ceremony in Birmingham, during the Vaper Expo UK event held May 12th – 14th.

    The atomization technology company won both the Outstanding Contribution to the Vape Industry and Best Manufacturer awards. FEELM clients KIWI Go and DejaVoo Cyber also garnered awards, winning first and second place in the “Best Disposable” category respectively.

    Additionally, FEELM, a subsidiary of Smoore International, the world’s largest vaping company, client RELX won the award for “Best Closed Pod System” for its Infinity device.

    The Vapouround Awards is an annual awards dinner for the global vaping industry. All winning brands are selected by a panel of professional judges and represent the outstanding performance of the past year in various segments of the industry.

    FEELM is not new to winning in the Vapouround Awards, with the brand having been awarded Industry Leader and Best Innovation in 2020.

    The atomization solutions provider has made notable achievements in the closed-pod system category, with around 3.5 million pods sold to more than 50 countries since 2018, according to a press release. Its disposable ceramic coil technologies have also already been launched in key markets including France, the UK, and Belgium, and will soon be available more widely in more countries.

    A FEELM representative stated that the company has been dedicated to embracing innovations with the “aim of taking the industry standard to new heights. While most of the 2ml e-liquid disposable products provide only 600 puffs, FEELM Max solutions can now deliver 800 puffs, all whilst remaining TPD-compliant.”

    During the event, FEELM also unveiled its new innovative disposable solution, FEELM Max.

    “FEELM Max offers more puffs, greater taste consistency, and a fully visible mouthpiece to measure e-liquid, making it the best disposable available whilst still ensuring regulatory compliance with the Tobacco and Related Products Regulations (TRPR) in the UK and the Tobacco Products Directive (TPD) in the EU,” the representative stated.

    FEELM Max is now available in markets including the UK, Italy and Germany.

  • Matt Meyers Steps Down From Tobacco-Free Kids

    Matt Meyers Steps Down From Tobacco-Free Kids

    Yolonda C. Richardson | Photo: CTFK

    Matthew L. Myers is stepping down as the president of the Campaign for Tobacco-Free Kids (CTFK) effective July 1. The board of directors has appointed Yolonda C. Richardson, currently the organization’s executive vice president for global programs, as the new president and CEO.

    “I want to thank Matt for the extraordinary leadership he has provided to the Campaign for Tobacco-Free Kids and throughout his long career fighting the tobacco industry,” said Bill Novelli, chair of Tobacco-Free Kids’ board of directors and president of the organization from 1996 to 1999, in a statement. “Matt and his team at Tobacco-Free Kids have contributed enormously to driving down smoking rates to record lows among both youth and adults in the U.S. and to reversing the tide of the global tobacco epidemic.

    “It has been the privilege of a lifetime to serve as president of the Campaign for Tobacco-Free Kids, and I am incredibly proud of what our team and our many partners have accomplished,” said Myers. “Through smart, tenacious advocacy and a commitment to health and social justice, we have helped bring about transformative change in the U.S. and around the world. No one is more qualified than Yolonda Richardson to take this organization to new heights and achieve even greater progress in saving lives not only from tobacco, but also from other critical public health issues.”

    No one is more qualified than Yolonda Richardson to take this organization to new heights and achieve even greater progress in saving lives.”

    “I am deeply honored to be named president of the Campaign for Tobacco-Free Kids and to continue the work started by Matt Myers and Bill Novelli 27 years ago. There is much to do, but there is also immense opportunity to make large-scale impact,” Richardson said.

    The CTFK was created in 1996 with primary funding from the Robert Wood Johnson Foundation. Since 2006, it has been a partner in the Bloomberg Initiative to Reduce Tobacco Use.

  • Alabama Bill Would Make Youth Possession Illegal

    Alabama Bill Would Make Youth Possession Illegal

    A state senator in Alabama introduced a bill last week that would make it illegal for minors to be in possession of vapes, according to a release from the Drug Education Council.

    The bill, introduced by Senator Vivian Figures, received bipartisan support and was “co-sponsored by 100 percent of the state senators present,” according to the release.

    The bill is an amendment to Section 28-11-14 of the Code of Alabama 1975, reports WRBL. It makes in unlawful for any individual under the age of 21 to purchase, use or transport any “electronic battery-powered device capable of being used to deliver the following:

    • e-liquid
    • e-liquid substitute
    • tobacco
    • CBD oil
    • THC oil
    • herbal extract
    • nicotine salt

    The bill also says that “a violation is committed upon mere possession” of any vaping device, regardless of what is in it, according to the release.

    No potential penalties were announced as of this writing.

  • Flonq has ‘World’s First’ Fully Recyclable Vape Device

    Flonq has ‘World’s First’ Fully Recyclable Vape Device

    Vape manufacturer Flonq launched the world’s first fully recyclable vape device – the Flonq Plus-E at the UK Vaper Expo 2023 in Birmingham.

    The innovative e-cigarette addresses two major challenges in the vaping industry: preventing minors from accessing devices and reducing environmentally harmful waste, according to media reports.

    “We believe it’s crucial not only to make bold statements but also to back them up with actions,” explains Rob Harvey , the company’s sales director. “The Flonq Plus-E is a solution that truly meets the needs of the vaping industry, and we’re excited to share it with everyone”.

    The Flonq Plus-E device can be easily disassembled for recycling after use, according to the report. The product’s distinctive design includes a detachable battery located at the bottom of the device and a patented child lock system to prevent unauthorized use by children and young people.

    The device has also won a Good Design Award for its aesthetics, with the shape inspired by the Steinway Tower skyscraper in New York.

  • Portugal Cracking Down on Vape, Tobacco Marketing

    Portugal Cracking Down on Vape, Tobacco Marketing

    Credit: Butenkov

    New legislation aims to restrict the use and sale of vaping and other tobacco products in Portugal.

    A new bill will ban smoking in outdoor spaces next to public buildings such as schools, colleges and hospitals. It will also tighten control over the sale and marketing of cigarettes and other tobacco products in the country.

    The aim is that by 2025 they will only be available for purchase in tobacconists, petrol stations and airports, reports EuroNews.

    If enacted, it will no longer be possible to sell tobacco directly or through vending machines in places such as restaurants, bars, concert halls and venues, casinos, fairs and exhibitions. The products will also be prohibited at music festivals.

    Portugal is also complying with the European directive of June 29, 2022, which puts heated tobacco products on an equal footing with other tobacco products.

  • Knowledge-Action-Change Briefing Explains COP 10

    Knowledge-Action-Change Briefing Explains COP 10

    Gerry Stimson | Photo courtesy of GNF

    Knowledge Action Change (KAC) has published a briefing to help policymakers, health officials and consumers better understand the Conference of the Parties (COP) to the World Health Organization Framework Convention on Tobacco Control (FCTC). The 10th edition of this event, which normally takes place every two years, is scheduled for November in Panama.

    While decisions made at the conference are likely to significantly impact tobacco companies and their customers, industry representatives and organizations advocating for access to safer nicotine products have traditionally been barred from attending the event.

    As a result, tobacco harm reduction has been getting short rift at COP meetings despite the fact that the concept is an integral part of the FCTC.

    “Harm reduction is explicitly named as one of three tobacco control strategies in the opening lines of the Framework Convention on Tobacco Control, but at present, the indications are that COP10 is unlikely to result in any decisions that support consumer access to safer nicotine products,” said KAC Director Gerry Stimson in a statement.

    “Parties to the FCTC must seize the opportunity in Panama to consider evidence from countries where tobacco harm reduction is saving lives, including the U.K., New Zealand, Sweden, Norway and Japan—and ask why the WHO and its influential philanthropic funders are refusing to do the same.

    “With no media present, FCTC COP meetings are shrouded in a secrecy more akin to a U.N. Security Council meeting—and in direct contrast to other COP meetings, for example those on climate change. This briefing paper gives policymakers, health officials and consumers more insight into the processes of COP10 and the opportunity to engage more fully prior to and during the event in Panama,” said Stimson

  • FEELM Max Disposable Vape Launched at UK Expo

    FEELM Max Disposable Vape Launched at UK Expo

    The innovative new disposable vaping system FEELM Max was launched during the UK Vaper Expo in Birmingham on May 13.

    The FEELM Max is now available in the UK and EU markets. The event was attended by many top-level e-cigarette industry representatives and FEELM clients, including BAT, RELX International, Totally Wicked and KIWI.

    A subsidiary of Smoore Technology, the world’s largest vaping company, FEELM says the FEELM Max brings three major breakthroughs to vaping, including the advanced heating technology of the Ceramic Coil S1, a constant power control system and “mindful design,” according to a press release.

    “The FEELM Max uses the new Ceramic Coil S1, which is designed to deliver a superior vaping experience” and offers an increased puff count that sets a new benchmark in the market, according to the release.

    Johnny Zhang, assistant president at FEELM

    “Benefitting from its cotton-free design and the resulting improvement of e-liquid utilization, the FEELM Max is able to boost puff count by more than 30 percent compared to cotton coil disposable solutions, providing 800 more puffs and setting a new benchmark for 2ml (e-liquid volumes),” said Johnny Zhang, assistant president at FEELM. “This innovation allows products using the FEELM Ceramic Coil S1 to offer increased puff counts while remaining totally compliant with all local regulations.”

    Additionally, the new S1 coil decreases the number of impurities created in the heating process by 78 percent, resulting “in fresher breath and no unpleasant aftertaste.”

    The new system also has several technological innovations. The FEELM Max solution uses a constant power energy management system for stable vaping. This technology improves taste consistency by 35 percent, which further enhances the user experience, according to the release.

    FEELM Max products have a transparent e-liquid tank for both aesthetics and user convenience that allows consumers to easily see how much e-liquid is left in the device.

    The first industrial whole-chain recycling program was also introduced by FEELM during the UK event. Collaborating with RELX International in the UK, FEELM has “taken the responsibility for implementing a scheme that will facilitate vape recycling to a fuller extent, thereby minimizing the environmental impact.”

    Bing Du, the CEO and founder of RELX International stated at the event: “Thanks to the groundbreaking technology of FEELM Max, and driven by our legendary partnership with FEELM, RELX International is on course to revolutionize the vaping experience across the globe.”

    The company’s commitment to making recycling more accessible demonstrates its dedication to environmental sustainability, according to the release. As the initiative gains traction, it could serve as a model for other industries looking to implement eco-friendly practices and engage adult customers in sustainability efforts.

    FEELM intends to continue pushing the boundaries of what’s possible in vaping technology, while keeping its commitment to sustainability and compliance at the heart of its operations, according to the release. “The company’s mission to shape a better vaping industry, not only for today but for generations to come, remains stronger than ever,” Zhang said.