For many months now, the vapor products industry has been anticipating the announcement of the revised FDA Tobacco Deeming Regulations. This has been a continuously looming threat to the industry, and if it were to stand in accordance with how these regulations were initially drawn up, the entire industry would be facing major setbacks. Thankfully, this week the House Appropriations Committee passed an amendment to the agriculture bill that was designed to protect the majority of electronic cigarette businesses. While the amendment still has to get passed by the House, the action taken thus far is a major step in the right direction.
The big deal over the Tobacco Deeming Regulations has been that if the original date was to remain the same, all electronic cigarette products that have entered the market since 2007 would be forced to go through a rigorous and costly application process. Known as the Premarket Tobacco Application, all products that have emerged since 2007 would have to apply, and the cost would have been millions of dollars per product. Definitely not a financial figure most small businesses could front, this uphill battle would obviously force most of them into termination. The industry as a whole is highly relieved as a result, because it is evident of positive action in the right direction being taken.
The amendment was proposed by GOP Rep. Tom Cole and Democrat Rep. Sanford Bishop, passing with 31 – 19 votes. Among the amendment’s greatest opposers was Democratic National Committee Chair, Debbie Wasserman Schultz, who has voiced her opposition to electronic cigarettes openly.
However, despite the fact that the bill will have still have to get passed to officially become a law, the impending regulations are looking quite positive. This is exactly the kind of action the vapor industry has been hoping for, and we are entirely relieved that politicians are standing on the side of reason, and protecting what has evolved into a major asset for those looking for alternatives to tobacco.
The vapor products industry is a multi-billion dollar industry now, and it has been majorly influential in offering smokers a variety of options for handling their smoking with lifestyle choices. We are exceedingly pleased that we are headed towards regulations that make sense for all involved.