When the cigarette corporations started buying into ecigs 18 months or so ago, there was a lot of argument about the pros and cons. Some felt it was a terrible idea, some that is was good. The benefit to us probably looks like an inverted bell curve graph: a good idea at first because in essence it means ecigs can't be banned (no one can beat BT - whatever they want, they get, so if they are in ecigs, then ecigs can't be banned); high on the benefits graph for us, then, at that time.
As they gradually begin to strangle the market with regulations (whatever they want, they get), it starts to become very bad for us. That phase started about 6 months back with Reynolds beginning to introduce State laws to get rid of the independent vape product vendors and the community who back them. It will get a lot worse, as the cigarette corporations work with the FDA to eliminate all their opposition. That's right down at the bottom of the inverted bell curve of the graph representing their cost/benefit to us.
In five or six years, they'll want to improve their products and move from minis into mid-size tank system ecigs of the type most of us use now. This is after all the independents have been put out of business, of course. So, they'll have the FDA allow those models. That will be the start of a returning benefit to us, and the graph will start to move up again. It won't go too high though, as they are a massive hindrance to us now: they will never allow any competition to exist, and in the regulated market they are expert players in, all competition can be eliminated by convenient regulation. In the tobacco and pharmaceuticals markets, all small players are eliminated by regulations brought in to help the big guys.
This is what Infuriates Me about the Coming e-Cigarette/e-Liquid Market.
That BT is Using the FDA as it Vehicle to Shape a Market that Only BT will be Players in. It Isn't about Health. It Isn't about HRT. And It Isn't Capitalism.
It's Government Added Monopoly and Collusion.