Vaping Comapines

Hello again, this post Im going to be providing information on the Vaping Industry. As acknowledged in previous posts the vape Industry has been growing. This in some form is directly related to the decline is users for the tobacco industry. At the beginning of the year vape companies expected to make over 3 billion dollars in revenue which is more than twice the amount collected in 2013. One reason why there is such in increase is the amount of conversions the industry is making. As time goes on more and more smokers are presuaded to exchange their cigarettes for the electronic versions. Not only does this conversion make sense from a health standpoint, but some claim that using refillable electronic smoking devices is actually cheaper then smoking cigarettes, and that by switch a smoker can save upwards of thousands of dollars.

Blu electronic cigarettes are a popular brand of disposable electronic cigarettes. (http://www.blucigs.com/blu-take-fda-regulations/) Their company takes pride in their product, but at the same time supports the decisions that will be made by the FDA relating to their product. While vaping isnt as big as the tobacco industry at the rate it is increasing it is projected to actually surpass the tobacco industry in terms of profit. Currently electronic cigarettes can be purchased at a varitey of different store, but the incoming FDA regulations may prevent that.

References:

http://www.cnbc.com/2015/01/05/more-smokers-hoping-to-quit-turn-to-vaporizers.html