The Economic Impact of Vaping
The Vapor Industry Creates Jobs and Economic Activity in States and Congressional Districts Across The Country
The nicotine vapor industry is a dynamic part of the U.S. economy, accounting for about $22.09 billion in output or about 0.10 percent of GDP. It employs approximately 133,573 Americans who earned wages and benefits of about $7 billion.
Members of the industry and their employees paid $2.83 billion in federal, state and local taxes. This does not include state and local sales taxes or excise taxes that may apply for specific retail purchases which are estimated to total $1.88 billion.
Independent Reports and Publications
Impact of Synthetic
Regulation in Federal Omnibus 2022
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⚠️EVALI II - This week, at the Next Generation Nicotine Delivery conference in Miami, VTA’s Exec Dir presented a stark warning about a new highly funded, orchestrated anti-vaping campaign that is manufacturing a crisis - worse than EVALI - which will taint the entire industry.
🚨Smokers urged to swap cigarettes for vapes in world first scheme: UK
💥"One million smokers will be encouraged to swap cigarettes for vapes under a pioneering new “swap to stop” scheme designed to improve the health of the nation and cut smoking rates."
Since our last update, we got a LOT of questions re: FDA's stance on enforcement discretion re: synthetic & tobacco-derived nicotine products. FDA's surprising written position is in our latest blog. Spoiler alert: FDA says no difference b/t NTN & TDN.
A frightening admission by @FDATobacco which confirms that it has completely lost sight of its mission to eradicate smoking. Even scarier considering it has used its left over resources to authorize the marketing of ~800 new combustibles ( >400 new cigarettes! ) since 2019. #lost
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