It means that the government and thier "backers" (BIG Pharma and BIG tobacco) are not making any money off this big vaping movement, so we must "deem" it as "hazardous" and tax the hell out of it!! Regulation is just key for government control and another money making opportunity. I dont think we face a ban, like other parts of the world, but I do think we willl be paying more for any nicotine base juices. We'll see......
I believe you underestimate the ability of the FDA to make things very ugly for us and don't understand the history. Once BP made BP their client, they stopped working for our benefit. The FDA has made it difficult for anyone that wants to make health claims about their product that is not a Pharma company that has got their seal of approval. For a brief reading of what they're capable of-
Life extension - Wikipedia, the free encyclopedia. Also see how the FDA declared Diamond Foods Walnuts a drug-
FDA Says Walnuts Are Illegal Drugs based of what was said in the advertising.
The FDA will remain the police force for BF into the future. However, they will now also be funded, very similar to how BP funds them, by BT. This you can expect will lead to promulgated regulations that will serve their new client, BT.
If I were to guess where this is headed, FDA will want to limit the amount of nicotine allowed in pre-filled tamper proof cartridges to protect against accidental exposure in the name of protecting the children. They probably will want flavors limited to tobacco flavors and may want to limit battery sizes. They may use the battery accidents to justify their stance. Even if they allowed larger batteries, they could force PV's to be designed to not allow battery access. A solid unit with built in batteries dumbs down the units. Just plug in to the unit to charge. I would expect that to be a second wave when BT has developed that type unit. It would satisfy the need for longer lasting batteries and allow BT to sell more units.
One thing I expect is to see a ban on internet sales or, at a minimum what they did with other tobacco products, making USPS shipments illegal and requiring an adult signature on delivery. This in itself becomes very expensive and inconvenient. It has the added advantage of pushing business to their new client, BT.
You don't have to worry about taxation at this point, the government-federal state and local, controls that. However, the regulations will drive the price upward. The FDA does not like to lose when they take a stance and they lost in their first effort so I'm sure they will work within the guidelines that the court gave them and make life as difficult as possible.
Incidentally, beside BT, companies like NJoy that fought the FDA to get where we are today have stuck close to their initial product offering even though veteran vapers have long moved on. That didn't occur because they are stupid businesspersons. They are positioning for the future. Our products are a growing segment of the market as a whole, but most companies are more like the corner store and you know what happened to them. I've been buying most of my product from TW because they are one of the bigger PV companies. I'm hoping that a company like that will be capable and willing to battle for their business. We'll have to wait and see.
Whatever