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Austin, San Marcos, TX Press Releases
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(Austin.CityRegions.Com, April 26, 2014 ) Austin, Texas -- V2 Cigs, one of the best in the vaping industry has welcomed the move by the Food and Drug Administration to regulate e cigarette brands. This comes after an announcement by the federal agency that it planned to extend its oversight to include the $3 billion market dominated by for e cigarette brands.
Yet V2 Cigs, seen as one of the giants of the industry has been quilted as saying we’re prepared for responsible regulation,” said Andries Verleur, chief executive officer and co-founder. He went on further to say that such moves by the FDA will force smaller e cigarette brands to shore up their quality control practices and improve them. In fact many have said that the new regulation will result in smaller companies leading to consolidation to match the quality offered by brands such as V2 Cigs.
This marks the first time that even Top User Rated E Cigarette Brands have to face regulatory oversight. The basic gist is that all vapor cigarette brands will have to pass a review in order to stay on the market. This is also included under a U.S. broad plan that does not go as far as banning TV adverts or the manufacturing of flavored versions of the new products.
The vaping market that is estimated to be valued at least at $3 billion annually had been growing quickly thanks to effort by electric cigarette brands. And should the rules be made final, will ban the sales to minors, as well as prohibit free samples and require nicotine addiction warnings to be used by electric cigarette brands. FDA officials called today’s proposal on regulating top smokeless cigarette brands such as V2 Cigs to be a foundation that could result tighter control in the future.
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