- In February 2024, China’s exports of vapes to Germanwere approximately US$37.4 million, a month-on-month decrease of 44.03%, and a year-on-year decrease of 11.8%; the export volume was approximately 555 tons, a month-on-month decrease of 33.13%, and a year-on-year increase of 40.13%.
- The 2023 annual report released by Yinghe Technology (300457) shows that its subsidiary Sikaryachieved operating income of 3.34 billion yuan and operating profit of 1.17 billion yuan; net profit was approximately 1 billion yuan, a year-on-year increase of 1043.51%.
- For the year ending December 31, 2023, Boton Group’s net profit was approximately 141 million yuan, a year-on-year increase of 66.5%.
- Imperial Tobacco Canada stated that the consequences of the flavoring ban in Canada include the growth of a black market, causing the vapemarket to become underground again, just asbefore vapes were legalized in the country in 2018.
- The FDA announced that it has issued warning letters to 61 physical retailers for selling unauthorized vapes.
- Scotland’s Public Health Minister Jenny Minto said that the government will soon introduce a memorandum of consent for legislation that means young people born on or after January 1, 2009 will never be able to legally buy cigarettes.