Now I hate to be the one to play devils advocate here but someone should. What if we lose out against the FDA? What happens if the FDA takes a dump on all of our best intentions and attempts to save vaping as we know it? Where do we go from there? Outside of stock up on mods, coils, juice etc. I realy have no answers myself but many of you are much wiser than myself.
My devil's advocate to your devil's advocate would suggest black market means we will not lose. Some vapers will for sure drop out of that sort of market, many will not. So de facto ban or heavy taxes will be met with black market, plus the authorized market - both co-existing. To think they could put such a hold on nicotine that black market operators couldn't handle it and/or aren't already anticipating it, is what I'd call very naive. If I were black market operator, I'd either be pushing for de facto ban or relishing in the idea of heavy taxation.
Smokes currently has a black market, and is very legal, heavily taxed.
Science, for the most part, appears to favor the vaper.
FDA is at least 90 days, and probably closer to 2 years before anything remotely heavy handed occurs. That means more
momentum/growth for the vaping community.
Technological changes over that time span could greatly assist vaping community in ways that are too challenging to predict at this time, but if technological advancements of last 20 years are of any indication, then things are likely to get better on this end.
Clone makers aren't going to stop production simply because of regulations. Who's going to stop Chinese from engaging in cloning?
Most of this (minus the bold items) is under the assumption we "lose." If FDA is either slow (really normal pace for them) or not heavy handed, then sure market as we know it will be impacted because of the ANTZ equation, but genie ain't going back in the bottle. Demand is way too high.