Nate: Ridiculous, right!? Funny, I've never seen a sticker of an obese person on a Big Mac box or a drunk driving victim on any alcohol bottles. Curious, no?
Monopoly Capitalism in action. It's so ironic that many people support powerful government regulatory agencies because they think it's preventing the big corporations from having too much power. The reality is almost always exactly the opposite. The monstrosities that are the largest corporations can only exist through the power of government enforced monopolies.A few newspapers and journals have talked about application fees and they are astonomically imposing and restrictive in nature:
But e-cig companies will also incur great costs in both time and expense in complying, if they're even able to do so. The FDA itself admits it could take as many as 5,000 hours to complete the necessary paperwork and cost "only" several hundred thousand dollars per product. Industry estimates, however, run orders of magnitude higher, between $3 million and $20 million per product. Plus applications have to be submitted for everything a manufacturer wants to do. New product design? Submit an application. Make a health claim? Submit an application. Register with the agency? Application. Introduce ingredients? Application.
It's obvious the only e-cig companies that will be able to afford such time-consuming and costly processes, even at the decidedly lowball figures offered by the FDA, are the established players in the industry: the tobacco giants that have their own e-cig and vapor products on the market. The many thousands of smaller players that currently populate the market will find those costs impossible to pay. Instead they'll be driven from the market by the ruinous costs. If they're lucky they may be bought up by Altria or Reynolds, which will further solidify Big Tobacco's dominance.
Source: http://www.fool.com/investing/general/2016/05/20/the-fdas-electronic-cigarette-rules-are-here-and-t.aspx
In other words, Nirvana! Now, will there be attractive young ladies waiting to meet our every desire as well?? (The hell with virgins, too much trouble to educate).We need to look at the possible positives of these regulations. No longer will pipe smokers need to read reviews or part with hard earned moneys just to sample the myriad of new blends. New smokers will have an easier time selecting blends, no more wandering into a tobacconist or spending hours reading on-line catalogs, just pick from the ten or so blends available and learn to like them. No more opening jars, smelling the tobacco or wasting time with a test bowl. The older established blends will have less competition.