Okay, first thing first. I'll have to say that this new regulation is going to affect those who vape on USA juice. And it's gonna hit you hard.
Basically, the regulation is all about the juice company sending their juice product to FDA for approval. This approval usually takes quite long and it is very expensive for the company. "These applications, which the FDA acknowledges could cost between $3 million and $20 million (and estimates will take an average of 1,713 hours to complete), are a burden that will be too expensive for practically all e-cigarette (vaping) companies. This is because vaping is an industry with many small, often local, companies." as quoted from http://economics21.org/html/fda’s-new-e-cig-regs-will-kill-1797.html
This means that for a lot of the USA based juice companies, they will not be able to cope with the cost and some may actually have to close down. Juice company closed down = No juice of that particular brand. For us, this translates into having lesser choice of USA juice and also a big price jump (to account for the losses while sending product for approval)
The FDA did say that it will only take effect 24 months from when the deeming regulation came out (May 2016) so we will probably only see the effect around March 2018 (Approximately, the exact date is in the 499 pages regulation). After March 2018 (approximately) old stocks of ejuice can still be sold but from then on, every production of ejuice must be sent to FDA for approval.
For those of you interested in learning more about the regulation, ECF has a big banner running on the top of the page about Deeming Regulation. Go and check out the thread when you have the time.
Basically, the regulation is all about the juice company sending their juice product to FDA for approval. This approval usually takes quite long and it is very expensive for the company. "These applications, which the FDA acknowledges could cost between $3 million and $20 million (and estimates will take an average of 1,713 hours to complete), are a burden that will be too expensive for practically all e-cigarette (vaping) companies. This is because vaping is an industry with many small, often local, companies." as quoted from http://economics21.org/html/fda’s-new-e-cig-regs-will-kill-1797.html
This means that for a lot of the USA based juice companies, they will not be able to cope with the cost and some may actually have to close down. Juice company closed down = No juice of that particular brand. For us, this translates into having lesser choice of USA juice and also a big price jump (to account for the losses while sending product for approval)
The FDA did say that it will only take effect 24 months from when the deeming regulation came out (May 2016) so we will probably only see the effect around March 2018 (Approximately, the exact date is in the 499 pages regulation). After March 2018 (approximately) old stocks of ejuice can still be sold but from then on, every production of ejuice must be sent to FDA for approval.
For those of you interested in learning more about the regulation, ECF has a big banner running on the top of the page about Deeming Regulation. Go and check out the thread when you have the time.
