Deeming Regulations have been released!!!!

rosesense

15years and counting
Supporting Member
ECF Veteran
Verified Member
Contest Winner!
  • Jan 1, 2010
    17,697
    52,266
    TN
    I knew about grouping but it's so high risk with no guarantees, that is a lot of money on a slim maybe.
    I keep thinking about a certain other state regulated industry and how the ones who made it through became almost instant millionaires. I think for some of these folks, the gamble may pay off as there will be so few options, their business will skyrocket.
     

    f1vefour

    Vaping Master
    ECF Veteran
    Dec 3, 2013
    6,212
    13,535
    Emerald Coast
    I keep thinking about a certain other state regulated industry and how the ones who made it through became almost instant millionaires. I think for some of these folks, the gamble may pay off as there will be so few options, their business will skyrocket.
    Agreed, if it works out they will reap the rewards. At the same time if I was putting out upwards of a million dollars or more I would need something better than maybe, I'm sure they know something we common folk don't or they have enough money they can take the hit and move on if it doesn't pan out.
     

    rosesense

    15years and counting
    Supporting Member
    ECF Veteran
    Verified Member
    Contest Winner!
  • Jan 1, 2010
    17,697
    52,266
    TN
    Agreed, if it works out they will reap the rewards. At the same time if I was putting out upwards of a million dollars or more I would need something better than maybe, I'm sure they know something we common folk don't or they have enough money they can take the hit and move on if it doesn't pan out.
    Yes but there are never guarantees. Even if it is spelled out like the state regulated one I mentioned, they can still deny for some bogus reason or other. While others get approved, makes me think there are nefarious doings.
     

    f1vefour

    Vaping Master
    ECF Veteran
    Dec 3, 2013
    6,212
    13,535
    Emerald Coast
    Thing is, juice joints have to hope the gear joints get approved and the gear joints have to hope the juice joints get approved. Doesn't do either one much good if just one is allowed to survive.
    There are enough devices in the wild to keep the joose joints going for a long while.
     

    rosesense

    15years and counting
    Supporting Member
    ECF Veteran
    Verified Member
    Contest Winner!
  • Jan 1, 2010
    17,697
    52,266
    TN
    Thing is, juice joints have to hope the gear joints get approved and the gear joints have to hope the juice joints get approved. Doesn't do either one much good if just one is allowed to survive.
    I think there are enough people who already have gear to keep the juice companies going for awhile. Prices will likely be super high.

    I was surprised that ecblends applied as I didn't know their liquids were that popular. I will say theirs is some of the best I have ever tried, particularly for sweets and tobacco.
     

    FranC

    Long time vaper.
    Supporting Member
    ECF Veteran
    Verified Member
  • Oct 1, 2010
    195,578
    646,054
    New Hampshire
    Thing is, juice joints have to hope the gear joints get approved and the gear joints have to hope the juice joints get approved. Doesn't do either one much good if just one is allowed to survive.
    I think more and more folks are going to start DIY juice.
     

    mikepetro

    Vape Geek
    ECF Veteran
    Verified Member
    Feb 22, 2013
    10,224
    81,686
    67
    Newport News, Virginia, United States
    That's good, I like Vaporesso devices. My guess is Innokin will be right there with them.

    I wonder if Evolv has to do this or only the people they sell the boards to.
    Evolv only has to do it if they sell a "finished retail" device, they do not have do it for boards that other people use in their devices.
     

    zoiDman

    My -0^10 = Nothing at All*
    Supporting Member
    ECF Veteran
    Apr 16, 2010
    41,623
    1
    84,747
    So-Cal
    I knew about grouping but it's so high risk with no guarantees, that is a lot of money on a slim maybe.

    When you sit down and do the Risk/Benefit analysis, wouldn't a Lot Depend on How Quickly you felt the FDA could Reject your Application(s) if the FDA is going to Reject your Application(s)?

    And maybe a Strategy would be to do 3 or 4 In-dept PMTA's. And then tacking on 98 or 97 you knew had little Chance of being Accepted. But could gain you (Hopefully) 30 Days of continued Sales of each Line Item.

    What do you think the Average Net Monthly Sales are for a Single e-Liquid in that list of 101 e-Liquids? Perhaps after throwing out the Top 5 Best Sellers and the Lowest 5.
     

    f1vefour

    Vaping Master
    ECF Veteran
    Dec 3, 2013
    6,212
    13,535
    Emerald Coast
    What do you think the Average Net Monthly Sales are for a Single e-Liquid in that list of 101 e-Liquids? Perhaps after throwing out the Top 5 Best Sellers and the Lowest 5.

    Apparently for them a lot, now I must wonder how much MBV was making off e-liquid in their heyday.
     

    zoiDman

    My -0^10 = Nothing at All*
    Supporting Member
    ECF Veteran
    Apr 16, 2010
    41,623
    1
    84,747
    So-Cal
    I think there are enough people who already have gear to keep the juice companies going for awhile. Prices will likely be super high.

    ...

    Especially if the Number of Companies who the FDA Allows to Legally Sell e-Liquids in the US contracts by 98% or so.

    At that point, the Reaming Companies might Not be able to keep up with Current Demand.
     

    zoiDman

    My -0^10 = Nothing at All*
    Supporting Member
    ECF Veteran
    Apr 16, 2010
    41,623
    1
    84,747
    So-Cal
    Apparently for them a lot, now I must wonder how much MBV was making off e-liquid in their heyday.

    So if I'm making More Money in Sales for say 30 Days on an Average e-Liquid than it Costs to Submit something to the FDA, doesn't Risk all of a Sudden seem a Whole Lot Less?

    Whereas my Benefit will Increase if one of the Only Suppliers to Existing Consumers.
     

    f1vefour

    Vaping Master
    ECF Veteran
    Dec 3, 2013
    6,212
    13,535
    Emerald Coast
    So if I'm making More Money in Sales for say 30 Days on an Average e-Liquid than it Costs to Submit something to the FDA, doesn't Risk all of a Sudden seem a Whole Lot Less?

    Whereas my Benefit will Increase if one of the Only Suppliers to Existing Consumers.
    It does, although we can't say they make 1% of a single pmta submission on all their e-liquids in 30 days.
     
    • Like
    Reactions: stols001

    Users who are viewing this thread