Thanks, DC2. Perhaps that's what it means. The phrase "finished tobacco product" doesn't seem to be a defined term. I'll keep looking; it must be in there, somewhere. (She said, dripping sarcasm.) Have I mentioned how fond I am of FDA, these days?My understanding is that it means packaged up and sold to the end user.
In other words, someone selling nicotine base to an eliquid maker is not selling a finished product. The eliquid maker would be selling the "finished" tobacco product after making his eliquid with that base and packaging up for sale to the consumer. But that same person selling nicotine base directly to the consumer is selling a finished tobacco product.
ETA: More research indicates that "finished tobacco product" contrasts with "component," along the lines of your understanding, @DC2. Components aren't defined, per se, but there are several examples peppered throughout the regs. Components seem to include atomizers, coils, vials, etc. Attys, huh? So this suggests that FDA enforcement efforts, at this time, will focus on underage sales, juice "safety" (e.g., child proof caps), and ENDS, but not their components.
The beauty of rabbit holes...
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