I think the industry and vendor response welcoming the new regulations, is probably more of an indicator that they are NOT naive, and they think they will indeed thrive and survive. A small juice maker like Apollo E-Cigs is talking about its super clean manufacturing process, already built and running, and is happy with the Regs, as so with Njoy and V2, and Johnson Creek, the grand-daddy of juice makers.
ECBlend which I consider a small player, (a big small, not tiny) is also happy with the Regs.
So we have on one hand, the industry, and their lawyers and compliance officers looking at it, saying we are good to go. I am not sure what your logic is, but I don't think it will push off the weight of the other side off the scale. They have mass.
Have you seen anyone in the industry, someone who will have to deal with the FDA themselves actually, the businesses themselves only....who has come out against the Regulations? I have not seen a business complaining.
Link me up if we have any Juice or Hardware Companies who are publishing concern. I have seen CASAA, but I am really looking at the people who pay their bills with the business of E-Cigs, because they are the most vested into the outcome. The 10 Million dollars per single product application....well it seems the entirety of e-liquid industry.....does not see that as being the case. I don't think Johnson Creek are a bunch of buffoons or anything, or Apollo, I think they have good knowledge of their businesses.
How could they possibly not know what to expect, most have been in meetings with the FDA over time.
But right now, if we have the industry vs your quote above, I gotta think the industry has it right. Make sense?
I don't think they bothered to read the regulations before giving a "Woohoo" and they were just thinking FDA approval would legitimize ecigs. Now that they're reading them I think some are stepping back and saying, "wait a minute".
I know JC has backed off a bit (possibly from customer pressures or possibly because they realize 5000 lawyer hours for 26 flavors, 3 strengths and every piece of their Vea would add up to quite a check. Their original statement was probably made based on the idea that they have a FDA qualified clean room and all the sane stuff that should be required of a juice maker. Not that the FDA would require 100,000 people to get the exact same ingredient or material approved.