USPS blocks major vape distributor over unregulated product shipments - Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
USPS Action Against Demand Vape: The U.S. Postal Service has prohibited New York-based Demand Vape from using its shipping services due to evidence of distributing unregulated e-cigarettes, violating local laws including a flavor ban.
Impact on the E-Cigarette Industry: This decision could negatively affect the unregulated vape market, valued at approximately $8 billion, while potentially benefiting major tobacco companies like Altria and British American Tobacco that oppose such products.
Analyst Views on BTI
About BTI
British American Tobacco p.l.c. is a global multi-category consumer goods business company. The Company provides tobacco and nicotine products. Its segments include the United States, Asia Pacific Middle East and Africa, and Americas and Europe. Its product categories include Vapor, Heating Products (HPs), Modern Oral, Traditional Oral, and Combustible cigarettes. Vapor products are handheld, battery-powered devices that heat a liquid to produce an inhalable aerosol, known as vapor. HPs are devices that use heat to generate a nicotine-containing aerosol, which the user inhales. This category includes Tobacco Heated Products and Herbal Products for Heating (HPH). Modern Oral products are smoke-free oral nicotine products called nicotine pouches, designed for use in the mouth. Traditional oral products include snus and snuff. Its brands include Vuse, glo, Velo, Grizzly, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Natural American Spirit, Camel, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
