NJOY CEO Craig Weiss tells CBS News that he "welcomes FDA regulation" of e-cigarettes

[Bill Godshall]

CBS This Morning interviews njoy’s Craig Weiss about e-cigs and says “Weiss told us he welcomes FDA regulation”, FDA claims “further research is needed” despite its failure to conduct or fund research, ALA’s Erica Sward admits knowing nothing about e-cigs but since 2009 has urged FDA to ban them and made many false claims about them.
Booming E-cigarette industry raises questions on safety, regulation - CBS News


Several weeks after publicly endorsing UK MHRA regulation of e-cigarettes as "medicines", njoy is the first e-cigarette company (I'm aware of) that has publicly endorsed FDA regulation of e-cigarettes as "tobacco products".

 

[k3vin]

yea tobacco regs until he finds out it means he cant advertise on tv or radio anymore..only one word to describe his short-sighted thinking. idiot.

 

[DC2]

NJoy looks to me like a back-stabbing sellout.

From now on anytime I see anyone mention NJoy Kings I am going to recommend White Cloud products to them.
At least until White Cloud becomes a sellout.

 

[szot]

Weis did that for obvious reasons..he's dumb like a fox...he just got FREE advertising, woth many millions of dollars for his company Njoy, and against Big Tobacco which is his competitors..he knows FDA stance at this point and they can't do anything negative now, so he took advantage of the situation to enhamce his Ecigs and get a lil edge over BT...he's no idiot, that was a brilliant business ploy..and will actually help promote Ecigs versus analogs and Bleu ecigs owned by a BT company...look thru the smoke screen and see how shrewd and smart this guy actually was....

 

[DC2]

...look thru the smoke screen and see how shrewd and smart this guy actually was....

If I was him, and I had no soul, I would have done the same thing.

 

[pamdis]

He says he welcomes regulation because "it would enhance his company's vision of a future where smoking lacks the health consequences it is known for today." How does regulation do that? What he really means is that regulation would enhance his company's vision of putting all the little guys out of business. Same tactic that has been used for years by many other industries.

 

[Frankenmizer]

FDA regulation will trigger market consolidation - most likely through buyouts. You already know the independents most likely to cash in during the first wave. But hey, we're the reason this market niche is gaining strength, so let's not go all wistful. It's our fault. Sins only compound.

 

[Orb Skewer]

Divide and conquer - the oldest ploy in the book

NJoy is sitting on the fence-with a jackboot on either side of 'the pond'

lets 'zoom out' a little

In the USA-its a tobacco product
In Europe they are fast tracking medicalisiation

Lets 'zoom out' a little more

Lets not forget our 'respective' (and I use that word in its loosest term) governments are old allies,

Lets 'zoom out' even further

BigT and BigP are the 'hand that rocks the cradle'
They make trillions between them, and they have a magic number-that number is 4 - it is the number of the E-cig
Operation USA, or Operation EU-one of them will be succesfull

BigT and BigP have 'spread their bets'

 

[Uncle Willie]

If Craig Weiss has some degree of inside info on what the near future holds for the PV, then aligning himself with the FDA early on could turn out to be a great ploy for NJOY ..

Let's also keep in mind a few things here .. NJOY employs a couple Lobbyists on Capitol Hill, and last I heard had a former Surgeon General on the NJOY board ..

As well, if it were not for NJOY, who sued the FDA in 2009 and kept regulation at bay for all of us .. so before vilifying Weiss let's remember if it were not for NJOY, we might not be where we are today .. sell out or not ..

 

[DC2]

As well, if it were not for NJOY, who sued the FDA in 2009 and kept regulation at bay for all of us .. so before vilifying Weiss let's remember if it were not for NJOY, we might not be where we are today .. sell out or not ..

I could also be argued that if it were not for this community, they may not have won.
Regardless, we spent time and effort supporting them, and now this.

 

[Uncle Willie]

I could also be argued that if it were not for this community, they may not have won.
Regardless, we spent time and effort supporting them, and now this.

And hindsight is always 20/20 ..

Keep in mind the context of my post .. If Craig Weiss has some degree of inside info on what the near future holds for the PV, then aligning himself with the FDA early on could turn out to be a great ploy for NJOY ..

Any CEO would do the same ..

What I'm suggesting here is this may be a hint at what's to come .. no more, no less .. and that regardless, collectively we do owe NJOY at least some degree of gratitude ..

Things change .. it's a CEO's job to read the writing on the wall even if it's written with invisible ink ..

 

[DC2]

I don't disagree, but I still reserve the right to call them out on it.

 

[Uncle Willie]

I don't disagree, but I still reserve the right to call them out on it.

Of course .. and I can understand that .. I also think there is a minor degree of importance in new PV users having a bit of a context when it comes to NJOY ..

 

[MrSato]

Im in the ecig business and i support regulation, theres a local smoke shop that was selling eliquid made with ethylene glycol. Your an idiot if you dont support regulation, the ecig market is too big and there are too many jackass people that dont know what they hell they are doing.

If your going to give him a hard time, give me one too. Im the little guy

 

[Placebo Effect]

Im in the ecig business and i support regulation, theres a local smoke shop that was selling eliquid made with ethylene glycol. Your an idiot if you dont support regulation, the ecig market is too big and there are too many jackass people that dont know what they hell they are doing.

If your going to give him a hard time, give me one too. Im the little guy

Congrats guy in the e-cigarette business. You're advocating for regulations that would likely put "little guys" like yourself out of business.

Don't say we didn't warn you. And I've never heard of a vendor using ethylene glycol. I'm guessing there would be serious adverse effects from doing that.

Hard time given.

 

[rolygate]

Some form of oversight is probably a good idea when there is no real consumer protection system in place (a raft of consumer laws plus local inspectors everywhere visiting and testing).

From our point of view the best system would be a trade association Code of Best Practice or something similar. But if the trade don't want to organise that, we have to expect that someone will force an alternative on us. No oversight at all, when people can mix products to be inhaled in their kitchen then sell them, without any expert knowledge and without any comeback, isn't going to work; there is no real argument against someone else imposing regulation.

 

[hoogie76]

Some form of oversight is probably a good idea when there is no real consumer protection system in place (a raft of consumer laws plus local inspectors everywhere visiting and testing).

From our point of view the best system would be a trade association Code of Best Practice or something similar. But if the trade don't want to organise that, we have to expect that someone will force an alternative on us. No oversight at all, when people can mix products to be inhaled in their kitchen then sell them, without any expert knowledge and without any comeback, isn't going to work; there is no real argument against someone else imposing regulation.

While I'm not looking forward to forced regulation, I am in agreement that the safety of the products, most specifically e-liquids, do need manufacturing standards and QA testing.

I like the standards that AEMSA.org has in place and that's why we decided to join them and be approved. FDA seemed interested enough in what AEMSA had to say to have them present a second time AEMSA Returns to the FDA for Second Session | AEMSA

hoog

 

[Uncle Willie]

Some form of oversight is probably a good idea when there is no real consumer protection system in place (a raft of consumer laws plus local inspectors everywhere visiting and testing).

From our point of view the best system would be a trade association Code of Best Practice or something similar. But if the trade don't want to organise that, we have to expect that someone will force an alternative on us. No oversight at all, when people can mix products to be inhaled in their kitchen then sell them, without any expert knowledge and without any comeback, isn't going to work; there is no real argument against someone else imposing regulation.

Roly .. since the first day I joined ECF, I have pretty much said the same .. if the industry does not self-regulate as so many other industries do, then the vendors will have no one to really blame other than themselves when forced regulation comes down ..

 

[Orb Skewer]

Im in the ecig business and i support regulation, theres a local smoke shop that was selling eliquid made with ethylene glycol. Your an idiot if you dont support regulation, the ecig market is too big and there are too many jackass people that dont know what they hell they are doing.

If your going to give him a hard time, give me one too. Im the little guy

There is lots I could say-but I'm going with this one
At some time not too far into the future you might be saying "you were the little guy"

Be carefull what you wish for, because it might just be what you end up with

 

[Uncle Willie]

There is lots I could say-but I'm going with this one
At some time not too far into the future you might be saying "you were the little guy"

Be carefull what you wish for, because it might just be what you end up with

In a free market, there will be nothing to prevent any "little guy" from obtaining sellable goods .. the "big guys" will get the required approvals / testings / certifications / etc and offer the "little guy" the opportunity to open a wholesale account ..