FDA "Deeming Regulations" Simplified

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GaryInTexas

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The 'foundation' bit is key and not to be ignored. The FDA is essentially poking their head into the party and saying, "Hey, we wanna run this show!" And if we let them, party is over. Dump the keg, turn on the lights, send the DJ home and put on the smooth jazz, bend over, and enjoy your diet soda.

This is the camels nose under the tents edge!
 

Cuando

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The summation of this rather long roundtable is something I have thought for a long while. In the end, if all else fails, litigation will be our last resort. In that time, this market is going to explode. 2 billion last year, is that the number getting tossed around? I can see it easily tripling. We need to start pressuring our vendors to make donations, to support the greater cause with education, media presence, whatever tools are available, and to those who don't or won't, boycott. An investment now can only help insure a healthy, free, OPEN industry in the future. While the cops have shown up to the party, they don't have a warrant. They are asking us for one. Let's not give it to them, and to anyone who thinks it's okay, give them the boot.
 

FlamingoTutu

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I don't understand what basis is used to get the $10 Million dollars for each product approval comes from?

Okay, now see, if you’d asked that before you accused him of being a cult leader we’d all know. If you go to about 1:10:00 in the recording you will get a blurry version of the answer. I would like to understand the number a bit better also. Think what could have been if they charged that much for Chantix and actually did the research. They wouldn’t be facing this https://www.google.com/search?q=Cha...id=chrome&es_sm=93&ie=UTF-8#q=Chantix&tbm=nws

Don’t think an ecig has caused anyone to commit murder.
 
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moondragon

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I am not going to have time to relisten to the whole thing this week... at least not up to the part I'm really interested in... could someone who does please post the full name of the "House Energy.........." that Bill Godshall says to contact... I think he says it twice in rapid succession somewhere in the last third of the program? I have googled just "house energy" and get several things so am not sure.

I believe it was the House Energy and Commerce Committee, chaired by Fred Upton (from Michigan). I didn't catch the two sub-committee chair names, but they were both from PA.
 

KODIAK (TM)

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In that time, this market is going to explode. 2 billion last year, is that the number getting tossed around? I can see it easily tripling.
I think the opposite myself. At least for legitimate businesses as we know them today. The backbone of this industry for people like us here on ECF (mid to upper level vaping consumers), would be the multitude of small online e-tailers and mom and pop B&M's. And were I them, the last thing I'd be doing right now is looking to expand or investing more money into an infrastructure that may soon be deemed obsolete. The FDA admits as much in their economic impact synopsis.

You're going to see a lot of these people over the next 4 years scurrying for some fast profits with what they have now, but very little by way of innovation.
 

Myrany

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KODIAK™;12995936 said:
I think the opposite myself. At least for legitimate businesses as we know them today. The backbone of this industry for people like us here on ECF (mid to upper level vaping consumers), would be the multitude of small online e-tailers and mom and pop B&M's. And were I them, the last thing I'd be doing right now is looking to expand or investing more money into an infrastructure that may soon be deemed obsolete. The FDA admits as much in their economic impact synopsis.

You're going to see a lot of these people over the next 4 years scurrying for some fast profits with what they have now, but very little by way of innovation.

You are more optimistic than I am. I figure we have about a year maybe a year and a half before we start seeing massive shutdowns of the shops we love. Probably many are formulating their exit plans now and trying to estimate how long they can keep going full tilt before they need to begin focusing on selling off their stock and exiting the market. That is assuming they even have a clue what is going on.
 

Gato del Jugo

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You are more optimistic than I am. I figure we have about a year maybe a year and a half before we start seeing massive shutdowns of the shops we love. Probably many are formulating their exit plans now and trying to estimate how long they can keep going full tilt before they need to begin focusing on selling off their stock and exiting the market. That is assuming they even have a clue what is going on.

Shutting down prematurely would be a dumb idea..

This battle is going to wage on a lot longer as the lawsuits come rolling in...


Besides, even when a vape shop might close up, odds are the owner will simply inject the inventory into the underground market...
 

Myrany

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Shutting down prematurely would be a dumb idea..

This battle is going to wage on a lot longer as the lawsuits come rolling in...


Besides, even when a vape shop might close up, odds are the owner will simply inject the inventory into the underground market...
No not necessarily dumb if it means you get out while still in the black financially. ANY good businessperson has a carefully constructed exit plan. I am betting alot of those plans are getting dusted off and revised right about now.
 

patkin

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You are more optimistic than I am. I figure we have about a year maybe a year and a half before we start seeing massive shutdowns of the shops we love. Probably many are formulating their exit plans now and trying to estimate how long they can keep going full tilt before they need to begin focusing on selling off their stock and exiting the market. That is assuming they even have a clue what is going on.

Yup, and based on what I just read on the other thread, the OMB knows it. In a nutshell, they know they're handing the industry to BT and shutting down everyone else including imports.
 

Gato del Jugo

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No not necessarily dumb if it means you get out while still in the black financially. ANY good businessperson has a carefully constructed exit plan. I am betting alot of those plans are getting dusted off and revised right about now.

I really don't see demand dropping off just prior to any regulations going into effect..

If anything, it will be just the opposite..

And any good businessperson would take full advantage of the situation...
 

moondragon

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I really don't see demand dropping off just prior to any regulations going into effect..

If anything, it will be just the opposite..

And any good businessperson would take full advantage of the situation...

I don't think demand will drop off, but business owners are going to need to be thinking about the cost and time for filing new product applications, along with what's going on with pending lawsuits (if there are any applicable to their business situation) and decide what makes sense for them. I think that for the ones that are aware, this will affect how they think about their future business plans to some extent.

If you haven't already, this thread - and the document link in the first post - are worth checking out: http://www.e-cigarette-forum.com/forum/fda-regulations/557605-economic-impact-analysis.html#post12996985
 

Gato del Jugo

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I don't think demand will drop off, but business owners are going to need to be thinking about the cost and time for filing new product applications, along with what's going on with pending lawsuits (if there are any applicable to their business situation) and decide what makes sense for them. I think that for the ones that are aware, this will affect how they think about their future business plans to some extent.

If you haven't already, this thread - and the document link in the first post - are worth checking out: http://www.e-cigarette-forum.com/forum/fda-regulations/557605-economic-impact-analysis.html#post12996985

If they are forced to close up, you better believe they'll be keeping their doors open until 11:59pm..


And again, if on the off-chance they still have any inventory left over, it will be finding its way onto the black market...
 

moondragon

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If they are forced to close up, you better believe they'll be keeping their doors open until 11:59pm..


And again, if on the off-chance they still have any inventory left over, it will be finding its way onto the black market...

The more I think about it, the less comfortable I am with the idea of it going black market, and that somehow that's a solution (of sorts).
 
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