Local vape industry faces challenges as new smoking law takes effect

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Malaysian vape industry, valued at RM4.13 billion, prepares for significant changes as the Control of Smoking Products for Public Health Act comes...

: The local vape industry, which boast a RM4.13 billion market value, is bracing for impact as strict new smoking controls come into force on October 1.

Key concerns include restrictions on vape liquid volume, limiting bottles to 15ml and disposable devices to 3ml, a significant reduction from current standards. He also called on the government to provide equal display space for vape products alongside traditional tobacco items behind the counter. The Garden Vape operations manager, Joshua Eric John, predicts a potential 40% revenue drop due to the switch to 15ml bottles, as they will need to clear most of their inventory by either rebottling stock or selling at steep discounts.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

RM4.4mil in fines issued to 12 companies linked to GISB, says ArmizanThe Brooklyn-born rapper is the subject of a new legal complaint filed by his former flame Yailin La Mas Viral.
Source: staronline - 🏆 4. / 75 Read more »