BT is NOT Trying to Kill Vaping

[Toronnah]

Why not?
Simple. Money.

Smoking rates are reducing year after year. The cessation methods vary plus more smokers are dying than new smokers being created. vaping is a new stream of users to continue sales after cessation.

Next factor is margins. In Toronto Canada, a pack of cigarettes is $10-15 depending on size, brNd and store. BT probably gets no more than $2 of that when you back out retailer markup and insane taxation.

A BT pod, the Vype ( Vuse in the US) sells pods for $6.50 each (2 pack for $13) which does not have several hundred percent excise and sin taxes. Only sales tax which was not added here. BT is probably taking $3-4 of that $6.50.

So why would they kill vaping?

 

[Izan]

Why not?
Simple. Money.

Smoking rates are reducing year after year. The cessation methods vary plus more smokers are dying than new smokers being created. vaping is a new stream of users to continue sales after cessation.

Next factor is margins. In Toronto Canada, a pack of cigarettes is $10-15 depending on size, brNd and store. BT probably gets no more than $2 of that when you back out retailer markup and insane taxation.

A BT pod, the Vype ( Vuse in the US) sells pods for $6.50 each (2 pack for $13) which does not have several hundred percent excise and sin taxes. Only sales tax which was not added here. BT is probably taking $3-4 of that $6.50.

So why would they kill vaping?

They don't want to kill it, they want to OWN it.

Cheers
I

 

[Myrany]

Why not?
Simple. Money.

Smoking rates are reducing year after year. The cessation methods vary plus more smokers are dying than new smokers being created. Vaping is a new stream of users to continue sales after cessation.

Next factor is margins. In Toronto Canada, a pack of cigarettes is $10-15 depending on size, brNd and store. BT probably gets no more than $2 of that when you back out retailer markup and insane taxation.

A BT pod, the Vype ( Vuse in the US) sells pods for $6.50 each (2 pack for $13) which does not have several hundred percent excise and sin taxes. Only sales tax which was not added here. BT is probably taking $3-4 of that $6.50.

So why would they kill vaping?

Kill off all vaping they do not control. Oh heck yeah. They want to OWN it not kill it

 

[bombastinator]

Why not?
Simple. Money.

Smoking rates are reducing year after year. The cessation methods vary plus more smokers are dying than new smokers being created. Vaping is a new stream of users to continue sales after cessation.

Next factor is margins. In Toronto Canada, a pack of cigarettes is $10-15 depending on size, brNd and store. BT probably gets no more than $2 of that when you back out retailer markup and insane taxation.

A BT pod, the Vype ( Vuse in the US) sells pods for $6.50 each (2 pack for $13) which does not have several hundred percent excise and sin taxes. Only sales tax which was not added here. BT is probably taking $3-4 of that $6.50.

So why would they kill vaping?

Based on those numbers it’s a reasonable question.
The numbers are a big question though.
They’ve got better numbers than just guesses though and they may not be the same. Also they used to own right near 100% of the cigarette market. What percentage of the e-cigarette market do they own?
They can’t manufacture their own gear. They have to buy an old model someone is willing to sell, manufacture it over seas, import it, run it through at least two levels of distribution, and then deal with marketing. I would be surprised if they take more than 50¢ from a pack of cigarettes. Possibly more than that from a vape, but not a whole lot more. How long does a user who might buy a pack of cigarettes a day use a vape for?

Plus BT has been investing extremely heavily in newly legalized stuff, and just lately an attempt to tie the two together is being made.

 

[VHRB2014]

They don't want to kill it, they want to OWN it.

Cheers
I

Eggszackly!

They are trying to deal with the economy of the technology. It's entirely too simple to make expensive, so they have to demonize it first before they can apply sin taxes to it.

The real sin is the greed involved!

 

[Baditude]

Why not?
Simple. Money.

Smoking rates are reducing year after year. The cessation methods vary plus more smokers are dying than new smokers being created. Vaping is a new stream of users to continue sales after cessation.

Next factor is margins. In Toronto Canada, a pack of cigarettes is $10-15 depending on size, brNd and store. BT probably gets no more than $2 of that when you back out retailer markup and insane taxation.

A BT pod, the Vype ( Vuse in the US) sells pods for $6.50 each (2 pack for $13) which does not have several hundred percent excise and sin taxes. Only sales tax which was not added here. BT is probably taking $3-4 of that $6.50.

So why would they kill vaping?

It is about money, but not the way you think. Go to You Tube. Search for a video "FDA, living long enough to become the villian". It explains the Tobacco Agreement Act. BT gives the Fda a percentage of their profits every year. Goverment takes that money and buys bond loans and spends it all thinking the money they get from BT is always going to come in. But, for the last 10 years, tobacco profits have plummeted, so the gov gets less and less money than they were expecting. Those bond loans are now due and no money to pay for them. Master Plan now is to get more people to smoke to boost profits up like the old days. How? Get rid of a competing industry (vapimg) that benefits both BT, BP, and the governmemt. This master plan began before the Deeming. Its too clear now. They used Juul as the pawn in the plan. The save the children because of flavored liquids was only a distraction for the real reason. The THC controversy was an unexpected accelerant to speed up the process.

 

[Beamslider]

Big Tobacco just wants it regulated to closed taxed systems they control. BT doesn't want you buying mods, making coils and ejuice on the cheap

 

[Baditude]

Tobacco cigarettes are stiil more profitable than vaping. Just compare how much we vapers spend monthly compared to what we spent on cigarettes. I think the master plan is to increase tobacco sales by banning vapes, or at least control the vape market, also.

 

[sonicbomb]

Smoking rates are reducing year after year

Is this in the US or globally?

 

[Vapemesilly]

As screwed up as our government is I just can't buy into this conspiracy theory about the FDA being in cahoots with big tobacco.

 

[Uncle Willie]

As screwed up as our government is I just can't buy into this conspiracy theory about the FDA being in cahoots with big tobacco.

Welcome to ECF ..

 

[Baditude]

As screwed up as our government is I just can't buy into this conspiracy theory about the FDA being in cahoots with big tobacco.

Even when you learn that the FDA receives most of their operating budget from Big Tobacco and Big Pharma? Surely you aren't that naive? There is a serious conflict of interest here.

Who Has The Most Tobacco Debt?

 

[Toronnah]

Is this in the US or globally?

Western world.

Here are some stats for the US.

Overall Tobacco Trends | Tobacco Trends Brief

 

[zoiDman]

As screwed up as our government is I just can't buy into this conspiracy theory about the FDA being in cahoots with big tobacco.

I think a Lot depends on How one defines "In Cahoots".

And whether we are talking Historically, in the Near Past, or in the Present Day.

 

[sofarsogood]

Most of the revenues from cigarette sales ends up as payment/taxes to governments. If tobacco is a drug governments are the grand daddy of drug cartels by far.

 

[Vapemesilly]

Everybody keeps talking about how it's the money. Smoking rates have been dropping for years and will continue to drop whether vaping is around or not. The tobacco money will continue to drop. If it was about the money governments would not only leave vaping intact, they would encourage it and tax it just like tobacco.

This is about do-gooder liberals (and it makes me mad because I am a do-gooder liberal) trying to be nannies for everyone and big-mouth politicians vying for attention.

 

[zoiDman]

... If it was about the money governments would not only leave vaping intact, they would encourage it and tax it just like tobacco.

...

Who said they are Not going to do just that?

But let's Not get the Cart before the Horse. Wouldn't it make More Sense for the Feds to wait until the FDA Decimates the e-Cigarette Market so there is a only a Handful of Simple to Tax Products?

 

[Vapemesilly]

Nope. The more vapers and vape stores and vape products out there the more money they make. Why tear it all down and start over?

 

[bombastinator]

Everybody keeps talking about how it's the money. Smoking rates have been dropping for years and will continue to drop whether vaping is around or not. The tobacco money will continue to drop. If it was about the money governments would not only leave vaping intact, they would encourage it and tax it just like tobacco.

This is about do-gooder liberals (and it makes me mad because I am a do-gooder liberal) trying to be nannies for everyone and big-mouth politicians vying for attention.

Evidence seems to be scarce for both options.

 

[Baditude]

Nope. The more vapers and vape stores and vape products out there the more money they make. Why tear it all down and start over?

You're way out of the loop.

Big Tobacco, Big Pharma, and the government are counting on a ban on e-cigarettes to boost their profits. "No Flavored Vapes" will destroy the the vape industry. Shops can't survive with only nicotine flavored e-liquid to sell.

No flavored vapes means many vapers will go back to smoking.
No vapes means no competition from e-cigarettes, so more profits for nic gum, patches, Chantix, Wellbutrin, etc.

This has been the Master Plan from the beginning of the FDA Deeming Regulations.

It is what it is. What don't you understand?