FDA Rules May Vaporize The E-cigarette Industry

Vaporizing the e-cig biz.

The DeVoe L. Moore Center Blog

vape

By Kevin Gomez

In the last three years, the electronic-cigarette business has exploded. According to Wells Fargo Securities, the “vaping” industry has gone from estimated revenue of $1 billion in 2012 to $3.5 billion in 2015. Although, much more research is needed to assess e-cigarettes health effects, some medical professionals say it is at least healthier than smoking. New rules that expand the Food and Drug Administration’s (FDA) authority to regulate vaping, however, will likely halt growth and favor large companies over smaller ones.

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