The Trump administration’s proposed ban on flavored e-cigs products could have significant ramifications on the vaping industry as a response to lung disease that has impacted hundreds of individuals.
6 people have passed away and hundreds of Individuals in 33 states have actually struggled with shortness of breath chest pain and coughing after vaping.
U.S. Health and Person Solutions Secretary Alex Azar said
” The Trump Administration is making it clear that we intend to clear the marketplace of flavored e-cigarettes to reverse the deeply concerning epidemic of youth e-cigarette use that is impacting kids, families, schools and neighborhoods. We will not stand idly by as these items become an on-ramp to combustible cigarettes or nicotine dependency for a generation of youth”.
I just announced with @POTUS and @FDACommissioner that we will be finalizing policies that will clear flavored e-cigarettes from the market. New provisional data show that youth use continues to rise rapidly, and we will not stand idly by.
— Secretary Alex Azar (@SecAzar) September 11, 2019
Many vaping stocks have plunged by more than 10% following the release of the main statements of Secretary Azar.