(September 10, 2019 at 7:32 pm)The Gentleman Bastard Wrote:(September 9, 2019 at 10:43 am)Vince Wrote: Altria Group, Ballantyne Brands, Hay Island Holding, Reynolds American and Swedish Match AB are all big tobacco companies that have opposed regulation and taxes on e-cigarettes. These companies own a significant portion of e-cig companies. For example Altria Group (Marlboro) owns a 35% stake in Juul and VUSE is ultimately owned by Reynolds America. Ballantyne Brands owns NEO and Mistic.
Big tobacco companies are not against e-cigs they are investing in them and opposing regulation. This only makes business sense. The e-cig market is huge and tobacco companies have the money to buy/invest in these companies. I bet soon all will be owned by tobacco companies.
I stand corrected. When I left the e-cig game, big tobacco was still pissing and moaning about them, failing to produce their own e-cigs that would sell. It's good to hear they're correcting that. I switched to homemade nicotine candies back in April and haven't had a cigarette since. It is, quite literally, the longest I've gone without a smoke since junior high.
Big Tobacco is still bemoaning the wild popularity of vaporizers despite having a market share in e-cig business, though---Because vape users generally turn their noses up at mass-produced e-cigs as well. Vaporizers are customizable, don't rely on cartridges, and e-liquid can purchased (or made at home) with no nicotine at all.
The tobacco industry is unable to manipulate/control consumers' nicotine consumption as they do with traditional tobacco products and e-cigs.
