Market & Industry Category
Humans are sense-oriented animals. By Derek Beres | December 6th, 2016 We rely heavily on our visual system, though the tactile sense and the strong influence of odor also play essential roles in navigating our environment. Yet thanks to overactive imaginations we often give credence to the invisible, in our faiths as much as the products and chemicals we ingest. How else could superfoods become such overvalued nutritional sources? Once simply called food, raw cacao and seaweed (among many others) have been transformed into mystical manna. These marketing plans haveRead More
Marlboro-producer and tobacco giant Philip Morris International on Wednesday launched a non-burning cigarette alternative in the UK in a bid to phase out traditional cigarettes. By Edith Hancock & Erin Brodwin | November 30th, 2016 But is the Iqos the silver bullet for smoking without the deadly side effects? And will it help Philip Morris with its goal to replace cigarettes with non-combustible alternatives? Probably not. Here’s why. First up, cigarettes kill Philip Morris, the world’s largest international tobacco company, came under fire in 1999, when the US government brought aRead More
Paducah police still need your help Monday night finding two men responsible for more than $5,000 in theft and property damage. By Blake Stevens & Mason Watkins | November 14th, 2016 It took less than an hour to hit Chuckin’ Clouds Vape Shop on Old Mayfield Road and later Kick-N-Ash Vapor on Lone Oak Road. The first robbery took place at 12:45 a.m., the second at 1:20 a.m. Police say the men are both between 5 feet, 8 inches and 6 feet tall. One is described as thin, and the other as havingRead More
Vaping vendors across California are bracing for a first-time state tax By Steve Birr | November 10th, 2016 on electronic cigarettes following the passage of a ballot hiking tobacco taxes. The initiative could hit the vaping industry with a 67 percent penalty on the purchase of liquid nicotine. The tax is part of Proposition 56, which passed with 63 percent support and will raise the tax on tobacco products in the state from 87 cents to $2.87, along with bringing e-cigarettes under the umbrella. Critics of the ballot and many healthRead More
Philip Morris made 850 billion cigarettes last year – now it is planning for a smoke-free future By Jennifer Kaplan | October 24th, 2016 You want a trip to Philip Morris International to feel like a visit to Marlboro Country. But the company’s Swiss research center, aka the Cube, just won’t play along. Perched above crystalline Lake Neuchatel, southwest of Zurich, the glass hexahedron holds secrets to a future when, Philip Morris says, the world will be blissfully smoke-free. That’s right: Philip Morris, of all companies, is telling smokers to quit.Read More
“Our core business is, and will remain in, tobacco”. By Simon Chapman | October 19th, 2016 In 2012, in the early days of the rise of e-cigarettes, Kingsley Wheaton, Director of Corporate and Regulatory Affairs at British American Tobacco, said “Our core business is, and will remain in, tobacco”. So have the intervening four years made much difference? Apparently not. This month, senior Philip Morris International executive Werner Barth told shareholders at its investor day presentations the company fully expected its cigarette brands to remain highly profitable. Investment analysts MotleyRead More

Posted On October 12, 2016By Frank ArditoIn Headline News, Market & Industry

Regulating The Vape Industry

Proposed regulations on vaping are welcomed by many in the business, as long as they don’t go too far. By Krista Conrad | October 12th, 2016 Kathleen Hurtak, manager of Dieslpunk Vape Co. in Okotoks, said their store is pleased to see age restrictions as well as cleanliness and health standards come into play in the industry. “I think it’s great for regulations to come in, especially enforcing not selling to minors and that sort of thing,” said Hurtak. Health Canada announced Sept. 27 it would bring forward legislation thisRead More
Grover Norquist is America’s most famous—or infamous—anti-tax crusader. By Hanson O’Haver | October 4th, 2016 Americans for Tax Reform, the nonprofit group he’s run since 1985, is responsible for the “Taxpayer Protection Pledge,” a promise signed by the vast majority of elected Republicans in DC that essentially commits them to oppose any tax increase. During the contentious congressional budget battles of the past decade, Norquist was blamed for gridlock by leading Senate Democrat Harry Reid and called “the most powerful man in Washington” by Steve Kroft of 60 Minutes. In the lastRead More
Not many issues fill the Rotunda quite like education or gun issues- By Dave Marcheskie | September 26th, 2016 but the vaping industry gave everybody a run for their memory by packing the front end with supporters and signs. “If you’re within the sound of my voice, you need to stop and listen on how small businesses are being crushed and shut down by taxation,” John Dietz said. Supporters’ lungs were filled with passion to keep their lungs filled with vape. The rally was to protest a 40 percent wholesaleRead More
The e-cigarette and cigar industries have enlisted high-profile lobbyists and influential congressional allies- By Eric Lipton | September 2nd, 2016 in an attempt to stop the Food and Drug Administration from retroactively examining their products for public health risks or banning them from the market. The campaign targets a broad new rule that extends F.D.A. jurisdiction to include cigars, e-cigarettes and pipe and hookah tobacco. The bipartisan effort has featured a former senator who did not register as a lobbyist before going to work for the cigar companies and aRead More