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These developments are very encouraging as plain packaging is a key measure to protect youth and to reduce tobacco use. While there are now 21 countries and territories that have adopted plain packaging, in 2018 only 9 countries had done so

Switching to vaping can help people quit smoking

Specifically, it regulates electric nicotine delivery systems (ENDS) such as: E-cigarettes E-cigars E-pipes Hookah pens Vape pens Vapes Vaporizers Here are several examples of FDA-regulated ENDS components and parts: E-liquids Atomizers Cartomizers and clearomizers Mouthpieces or drip tips Tank systems Certain batteries Here are some of the key requirements you should keep in mind: You should submit an ingredient list to the FDA You should report any harmful and potentially harmful constituents (HPHCs) to the FDA You should affix a health warning statement You should register your establishment with the FDA You should submit a Premarket Tobacco Product Application (PMTA) for new product types Ingredient list submission Importers and manufacturers of ENDS, including e-cigarettes, should submit an ingredient listing 90 days before selling their product

However, investors must keep in mind that the total volumes for the industry are in fairly steep decline, and all indications are that this is irreversible