Market Insider: FDA Flavour Guidance A Welcome Step Towards Stable US Vapour Market

[LoveVanilla]

BAT: FDA Flavour Guidance A Welcome Step Towards Stable US Vapour Market

British American tobacco (BATS.L, BTI) on Friday announced that the U.S. FDA's Flavour Guidance is a welcome step towards returning the US vapour market to stability following a significant period of disruption and uncertainty.

"Importantly, the guidance is clear that flavours can return to the market place once they have been cleared through the PMTA process," the company noted.

The company noted the FDA's acknowledgment that a properly regulated vapour category continues to provide a credible alternative to smoking. The FDA also highlighted the important issue of preventing the access and appeal of vapour products to youth.

 

[Rossum]

Why am I not surprised that one of the BT players thinks a regulated market for vapor products is a good thing?

People constantly complain that giant corporations seem to run the world. Yeah, well, that's what you get when you promulgate relations that are so burdensome that only a giant corporation can meet them, and the giant corporations love it because it eliminates their competition from upstart small business.