2 ms·

Any articles or data on the statement about them not wanting to own vaping products? I recently read PMIs and BATs quarterly reports (and last years reports as

Any articles or data on the statement about them not wanting to own vaping products? I recently read PMIs and BATs quarterly reports (and last years reports as well) and they're both talking up their novel products as a new source of growth as they're getting hammered on traditional tobacco. I mean I'm sure they'd like the world to just stop taxing/regulating cigarettes and everyone forget that it kills you and stay in that business forever but that just doesn't seem like a market reality

dr_dshiv 7y ago
Vaping is taking a much bigger hammering than cigarettes this year. Can you imagine owning a vape shop in Massachusetts when the governor just said, boom, it's illegal -- while cigarettes get sold next door? https://www.wbur.org/hereandnow/2019/10/04/massachusetts-vaping-ban-shops-closed https://www.wbur.org/hereandnow/2019/10/04/massachusetts-vap...
- atlasunshrugged 7y ago
  Ha, yeah that's true, this year has been rough for vaping, but the general trend for the years prior was that it wasn't quite as hated as tobacco. But I don't think the blowback has been so strong elsewhere, I've been spending a lot of time in Ukraine and I think generally the news is pretty positive even for IQOS which from my understanding from the research that's out there is likely worse than vaping and closer to the harm level of traditional cigarettes Plus just from a technical perspective because the devices aren't 'cigarettes' they're usually taxed and regulated differently, if at all, by many countries that already have high taxes and rules for cigarettes, so this is an opportunity to establish a new product category, get new customers for a few years at inflated profits because of the loose taxes and regulations, and then back to business as usual then rinse and repeat with the next generation of products

dr_dshiv 7y ago

Vaping is taking a much bigger hammering than cigarettes this year. Can you imagine owning a vape shop in Massachusetts when the governor just said, boom, it's illegal -- while cigarettes get sold next door? https://www.wbur.org/hereandnow/2019/10/04/massachusetts-vaping-ban-shops-closed https://www.wbur.org/hereandnow/2019/10/04/massachusetts-vap...

atlasunshrugged 7y ago
Ha, yeah that's true, this year has been rough for vaping, but the general trend for the years prior was that it wasn't quite as hated as tobacco. But I don't think the blowback has been so strong elsewhere, I've been spending a lot of time in Ukraine and I think generally the news is pretty positive even for IQOS which from my understanding from the research that's out there is likely worse than vaping and closer to the harm level of traditional cigarettes Plus just from a technical perspective because the devices aren't 'cigarettes' they're usually taxed and regulated differently, if at all, by many countries that already have high taxes and rules for cigarettes, so this is an opportunity to establish a new product category, get new customers for a few years at inflated profits because of the loose taxes and regulations, and then back to business as usual then rinse and repeat with the next generation of products