Category Archives: In The News

Cigarette Companies Start to Show Signs of Vapor Cigarette Popularity

sales-decline

As the popularity and usage of vapor cigarettes rises, it is no surprise that sales of tobacco cigarettes will start to suffer. Philip Morris International Inc. (PM) has recently forecasted lower-than-expected profits for 2014. In a presentation to their investors, they cite the decline is due to headwinds from currency fluctuations and challenges in the tobacco industry.

In addition, Philip Morris stated that their troubles in Europe and Asia (specifically offering discounts in Australia), along with changes to production cuts, will also have an effect on earnings.

Philip Morris expects their full-year-per-share earnings (EPS) to be in the range of $4.87-4.97. This number is down from their previous prediction of EPS of $5.09-5.19. This announcement sent Philip Morris shares down.

This decrease in profit is including a charge of $495 million coming from the anticipated closure of their production company in the Netherlands set to occur sometime later this year. The decision to close their production facility in the Netherlands stems from challenges in Europe—specifically, problems relating to a lag in growth. This has led Philip Morris to slash their operations on the continent. Currency fluctuations in Asian developing countries have also been a drag on Philip Morris’ earnings in recent years.

As people are becoming more health conscious, the sale of cigarettes has declined worldwide. While Philip Morris is the largest tobacco company, they have not been immune to the major shift in the tobacco industry.

Vapor cigarettes and electronic smoking are one the reasons for this decline in sales.

The smoke-free nicotine delivery devices have caused concern in the long-term for the major tobacco companies. That said, most have begun moving into the vapor cigarette business themselves in order to arrest the decline. For example, Philip Morris recently announced the acquisition of Nicocigs, Ltd, a UK-based vapor cigarette company.

Even with the decline in the tobacco industry, Philip Morris is the largest publicly traded tobacco company. They are the worldwide maker and seller of Marlboro cigarettes.

If you’re looking for a smoke-free alternative, vapor cigarettes may be your answer.

Please visit our main site to browse our selection of both starter kits and disposable vapor cigarettes. In addition, you can also browse our blog and knowledge center for helpful tips and insights about this revolutionary way to get the nicotine your body craves without many of the risks of traditional methods.

CVS: Moving Towards a Smoke-Free Future

CVS-quits-for-goodIt seems that tobacco is less fashionable than ever these days, and major national pharmacy, CVS has made it clear they are pushing ahead towards a smoke-free future. Earlier this year, the pharmacy chain stated that as of this fall they would no longer be carrying tobacco products in any of their locations. Last week, ahead of schedule they announced that they had changed their name from CVS Caremark to CVS Health, and have officially finalized the plan to discontinue all sales of tobacco products.

The pharmacy, which has become more than just a pharmacy and convenient store over the past decade, has made many changes to provide a variety of different health services to their clients. Along with their CVS “Minute Clinics,” they offer services that range from blood-pressure checks to administering vaccinations and flu shots, along with all traditional pharmacy services. While pharmacies are known for carrying products of all varieties, from personal care, to over the counter drugs, having a mini grocery selection, toys and stationary supplies, CVS’ focus has now shifted towards wellness, and carrying tobacco products, which are blatantly known to cause a variety of deadly diseases, does not fit with their healthful persona. Understanding the importance of maintaining an image of health, tobacco simply does not belong.

Such a drastic change in a major corporation shows where the tobacco industry is headed and where people are headed as well. The general public is much more concerned with their health nowadays and many are choosing other options and alternatives to tobacco cigarettes. This is exactly why electronic cigarettes have been so successful.

E-cigarettes have been a major boon for cigarette smokers. They have enabled smokers to have an alternative that truly replaces all of the things they love about smoking, and do so without the negative attributes such as the smoke, tar, odor, and actual tobacco. They are nearly identical to traditional cigarettes, as the user puffs on them in the same manner, inhales a cloud of vapor that replicates the feeling of smoke hitting the back of the throat, fills the mouth with savory flavor, and leaves the familiar feelings of nicotine.

While CVS is not (yet) embracing retail sales of electronic cigarettes, many of their competition brands are already doing so. We applaud their efforts as a corporation in going completely smoke-free and know the new changes are an excellent move in the right direction.

World Health Organization Attempts More Regulations on Electronic Cigarettes

medical-world

Over the past 9 years, the electronic cigarette industry has produced over 400 different brands of choice and has become a 3 billion dollar industry.  Despite the success of the ever popular vaping experience, it has not come without controversy and serious attempts of regulation.

On August 26th, WHO (World Health Organization) released a new report which contained the following regulation attempts.

  • Impede promotion to non-smokers and young people;
  • Minimize potential health risks to e-cig users and nonusers;
  • Prohibit unproven health claims about e-cig; and
  • Protect existing tobacco control efforts from commercial and other vested interests of the tobacco industry

The report states that these regulations are needed because electronic cigarettes represent an “evolving frontier filled with promise and threat for tobacco control.”

The report does state that more research is needed in various areas of electronic cigarette usage but that they are highly concerned about the advertising of many fruity and candy like flavors and believe they are a serious appeal to young users.  They believe this could attract a young person to begin e-cig usage that has never even tried traditional smoking. The report also states that from the years 2008 to 2012 electronic cigarette usage has doubled among this age group.

Some other conclusions in the findings are that WHO believes there is insufficient evidence that electronic cigarettes can actually help a traditional cigarette smoker quit smoking and make the switch.  WHO recommends that analog smokers be encouraged to quit through other methods of already approved treatments.

The report also states that the vapor produced by electronic cigarettes can’t be proven to be merely water vapor.  The WHO also believes there can still be chemicals that could potentially harm pregnant women and adolescents.

Only time will tell what will become of these regulation attempts.  There will be a meeting in October in Moscow to discuss the findings in the WHO’s report.

Whatever becomes of the regulation attempts, at Eversmoke we believe to never sell to anyone under the age of 18.

To learn more about our assortment of electronic cigarette products, continue to browse our blog and knowledge center.  We look forward to you becoming a very happy vaping customer!

E-Cigs: Great for Saving Money and the Economy

Improve-the-EconomyIf you’re an e-smoker, you are probably aware of how amazing e-cigarettes are for so many reasons, however one of the best is that they are having an excellent effect on the economy. Here’s a look at how this amazing industry is contributing to the growth of our economy.

-Most electronic cigarette businesses are small businesses, and small businesses drive the economy. It is a positive sign of economic recovery when individuals are starting businesses and succeeding. Many e-cigarette businesses are mom-and-pop endeavors, which add jobs, services, and revenue to their local communities.

-Innovative products contribute to growth. Technology is everywhere, and people are more and more interested in technologically advanced products. E-cigarettes provide an advanced method of a traditional product; cigarettes, while adding benefits, eliminating negatives, and fulfilling needs while costing less.

-Added jobs. As the electronic cigarette industry grows and expands, despite the predictions of e-cigarette regulations, the market’s need for workers expands as well in so many areas. The need for jobs shows economic growth and stability, as so many jobs were lost in due to the recession of 2008-2009.

-Sales are soaring. The e-cigarette market is growing into a $2 billion industry this year; which is no small feat for an industry that barely existed a decade ago. What’s even more exciting is that the industry is expected to continue this fast-paced growth, and statistics anticipate within 10 years the market will hit $10 billion annually.

-Smokers now have a valid alternative to traditional cigarettes, unlike cessation devices that do not provide the same sensations and feeling of smoking. As an “alternative,” electronic cigarettes give users everything they want, without actual tobacco, smoke, odor, or tar.

As you can see, the electronic cigarette market is having a very positive effect on the economy. This industry has inspired smokers to choose a more modern, more convenient product that comes with the benefit of being smoke, and tobacco-free. Business is booming, jobs are being added, and products are selling. It is definitely a great moment for the smoke-free movement.

Study: E-Cigarette Benefits Outweigh Negatives

e-cigarette-studies-woman-in-lab-coatAs the international debate continues regarding how electronic cigarettes should be regulated, and what types of restrictions should be considered towards them, a study partially funded by the U.S. National Institutes of Health, and published in the journal Addiction on July 30 advocates for less restrictions and a more open look at the benefits these products offer.

This study that was recently done by the Center for the Study of Tobacco Products at Virginia Commonwealth University in Richmond, VA, and published by U.S. News has concluded that based on their evidence, strict regulations of electronic cigarettes are not warranted.

In addition to their own research, and reviewing 81 studies done prior, the team of researchers has stated that electronic cigarettes, when compared to traditional cigarettes, have the possibility of reducing tobacco-related illnesses and death. As these products are alternatives to traditional cigarettes, and they do not contain any tobacco, the study has concluded that the benefits to smokers  outnumber the potential harm. While long term effects remain unknown, as electronic cigarettes have been in use just over a decade internationally, no studies thus far, nor evidence have shown that the vapor produced from e-cigarettes is harmful to either the user or bystanders.

“Current evidence suggests that there is a potential for smokers to reduce their health risks if electronic cigarettes are used in place of tobacco cigarettes,” said researcher Thomas Eissenberg, who is the co-director of the Center for the Study of Tobacco Products, which was responsible for this study.

While electronic cigarette regulations that require users and purchasers to be legally adults are obviously for the better, restrictions that group e-cigarettes into the same category as tobacco, and call for even tighter restrictions do not make sense. Smokers who turn to vapor smoking are doing so in an effort to find an alternative; not a new method of smoking tobacco.

Only time will tell where the fate of electronic cigarette restrictions end up, however in the meantime, it is most definitely a shift in the right direction that a vast majority of e-cigarette research is offering a positive view on this controversial topic. For more information regarding electronic cigarette studies and restrictions, have a look at the different articles on the subject in our learning center.

Smokeless cigarettes: Better for Both Your Lifestyle and Wallet

Switching to vapor cigarettes could help you save money especially in high-tax-states

money-in-a-piggy-bank

Not only does vaping with smokeless cigarettes allow you the freedom to get the nicotine your body craves in the comfort of the indoors (rather than being forced to brave the elements), they can also help to save you some money.

The cost of a pack of tobacco cigarettes (along with the taxes on them) continues to rise. However, governments at the state and federal level are increasingly looking to raise the taxes on vapor cigarettes and their accessories.

Nevertheless, you can save money over time since most smokeless cigarette cartridges equal roughly 1.5-2 packs of traditional cigarettes. This means that everyone’s individual savings will be different depending on which state you live in, the taxes that they place on tobacco cigarettes and of course how much you end up using the vapor cig device..

Electronic Vs. Tobacco Cost Breakdown

According to the Federation of Tax Administrators, a pack of cigarettes costs around $6.15 on average. Therefore, a pack-a-day smoker is likely to spend around $1,500/year in a low-tax-state—and as much as $5,000 in a high-tax-state like New York where a pack can average $13. This makes price tag for the average smoker around $2,250/year.

Most brands of disposable vapor cigarette cartridges are equivalent of roughly 1.5 to 2 packs of tobacco cigarettes and cost between $6 and $10 apiece. This means that yearly, smokeless ceigarettes will set you back roughly $1,100 to 1,800. Depending on whether you like in a low-or high-tax state, you could stand to save several hundred dollars a year.

The first consideration for someone looking to switch is whether to buy a disposable smokeless cig, or to buy a starter kit. Although starter kits have a bigger up-front investment, they offer the biggest savings in the long run.

Most disposable vapor cigarettes say they’re equivalent to about 2 packs of cigarettes and cost $6 to $10 apiece, meaning they’d cost about $1,100 to $1,800 a year, for savings of several hundred dollars a year. Savings for using a starter kit are much higher.

States Getting in the Way

Unfortunately, these savings may not last forever. While most vapers pay some sort of sales taxes, states like Minnesota and North Carolina are now placing additional taxes vapor cigarettes and liquid nicotine and other states are considering such taxes. In addition, restrictions proposed by the FDA in April may also push these costs even higher.

For more information on e-cigarette taxing, please continue reading on our blog.

However, there is always a chance that heavy competition amongst smokeless cigarette sellers could push prices lower. The prices could be driven down even further as big tobacco makers try to get into the vapor cigarette business.

Eversmoke is one of the most popular smokeless cigarette brands on the market. Besides visit our main site for the best selection, you can also browse our blog and knowledge center to learn more general information about vapor smoking and cigarettes.

Dutch Company Marketing E-Cigarette for Cannabis

The E-Njoint company is marketing an E-Joint that allows people in Europe to electronically smoke cannabis products

While not available in the United States, a Dutch company has taken the same technology used to create traditional electronic cigarettes and is marketing a vaporizer for the cannabis industry. Labeled the world’s first electronic joint, its creators are calling the devices “E-Joints”.

Designed in the cig-a-like or stick e-cigarette form, the e-joint allows users to fill the device with their own cannabis liquid or dry herbs. E-Njoint BV is manufacturing the e-joint—a company that currently manufactures roughly 10,000 fruit-flavored joints every day to ship across Europe.

Is this good or bad for the electronic cigarette industry?

State and federal government officials, pharmaceutical companies, and anti-tobacco groups have put E-cigarettes under the microscope in recent months. E-Joints could end up being one more problem for the e-cigarette industry—especially amongst those who will be put off by being associated with cannabis. In fact, the online e-cigarette community has been fighting hard to distance themselves from cannabis-flavored e-liquids.

The real question is whether e-cigarettes can handle the backlash that could come from being associated with the cannabis industry. Those in the e-cigarette industry (as well as those loyal to the devices) have fought hard to present the world with a device that is intended to reduce the stigma surrounding cigarette smoking. However, this new cannabis tool could unravel all of their hard work.

This is especially true in the United States where the cannabis industry has been met with (in certain instances) fierce opposition. The worst part is that since government officials, pharmaceutical companies and anti-tobacco groups have searched for any ammo they can fire at the e-cigarette industry, an E-Joint may be the right information to start a “war”.

Or Are E-Joints a Bad Idea in General?

Chances are E-Joints will not catch on; given the legality issues of cannabis in the United States. This is especially true due to the bad reputation that cannabis has. In my opinion, E-Joints will always simply be looked at as a way to hide the fact that an individual is using cannabis and as long as cannabis use continues to be frowned upon.

Eversmoke’s product lineup includes one of the most popular disposable e-cigarette brands on the market. Please visit our site in order to browse our selection of starter kits. In addition, you can also browse our blog and knowledge center for more information regarding e-cigarettes, including industry news about the industry and any laws and regulations.

Where the E-Cig Industry is Headed

558750_475283232573762_170760175_nElectronic cigarettes are growing in use and popularity, and as the market begins to transition from a niche to a more mainstream sector, there are a variety of factors playing into where the industry is headed. As a whole, the success has been exceptional, with millions of smokers having tried the products, and many having switched outright to using them over traditional cigarettes. While we have a very good understanding of where the market is headed, these are the factors that are currently playing the largest role in the future of electronic cigarettes.

Vaping in Public: there are restrictions in some places regarding vaping in public. Many nonsmokers and many people in the general public are not aware of e-cigarettes, how they work, and the fact that they produce no odor or smoke. Many business owners are still on the fence on how to regard electronic cigarettes, so they (unfortunately) prefer to group them into the same category as traditional cigarettes, because even though they are alternatives, they would rather avoid confusion or confrontation. Where this goes in the future remains to be seen, however certain cities, such as New York, have banned e-cigarettes from public use, just like traditional cigarettes. Hopefully other major cities do not follow suit in such an unjust way.

Public Health: The subject of e-cigarettes and public health has garnered a lot of attention as of late. A group of international scientists recently wrote an open letter to the World Health Organization citing electronic cigarettes as a valid alternative to tobacco cigarettes, especially in regards to public health, and how they can potentially save lives, from a scientific viewpoint. The subject of health remains one of the most poignant issues surrounding e-cigarettes, and we can certainly expect regulations that approach this topic.

FDA Rulings: The FDA recently set forth e-cigarette regulations that will prohibit them from being sold to minors, a move most companies hoped for, giving further credibility to the industry, as well as keeping products intended for adults out of the hands of those who are underage. The FDA has also began regulating standards of production, which also benefits the industry in a positive way.

Industry Concerns: Before the recent FDA rulings, many feared that the products would be limited drastically, even banned, leaving customers unable to purchase them. Fortunately, it seems that this sort of action will not be taking place, as the FDA and the e-cigarette industry will be working together in a cooperative manner.

E-Cigarette Marketing: There are rules for everything, and the FDA does not take lightly to how e-cigarettes are marketed. Online and in the tangible world, marketing language for e-cigarettes is very specific. E-cigarettes are strictly intended for use as an alternative to other products, and companies are prohibited from calling them an aid to quit smoking. In order to be considered as such, a product needs strict regulation and guidelines from the FDA.

The road of success is rarely a simple or obstacle-free one, however despite these circumstances, we are confident the industry will continue to flourish. In the meantime for e-cigarette users, one of the most important factors to keep in mind for their own personal benefit is to stay up to date with current  e-cigarette laws, which will inherently affect them as the industry grows and evolves.

E-Cigs May Spell the End for Tobacco Bonds

three-cigarettes-on-the-dollar-banknotes

For years now, economists have been seeing signs that traditional tobacco cigarettes are gradually going the way of the dinosaurs—a.k.a. extinct. This downward trend is likely due to the fact that many Americans are discovering that the many harmful side effects of smoking simply aren’t worth the risk.

To solidify this fact, recent data indicates that traditional cigs may actually be in trouble much sooner than anticipated thanks to the fast rising tide of demand for smoking alternatives—the most popular of which is electronic cigs.

Already Endangered

Last month, Reuters published a report saying the first tobacco bond defaults could be right around the corner.

In 1998, Big Tobacco made an agreement between 46 U.S. states essentially stating they would pay compensation each year for additional healthcare costs incurred through smoking. These payments are based on annual cigarette sales and run into the billions of dollars. As a result, the states sold bonds that would keep paying out as long as Big Tobacco made a profit. Up till now, tobacco has been a safe investment.

However, forecasters are warning investors that some tobacco bonds may start defaulting as soon as 2020 since Americans are giving up smoking at a faster rate than previously estimated.

Most bonds were only structured to withstand a 2 to 3 percent annual decline. Yet since 2000, cigarette sales have dropped an annual average of 3.4 percent.

“If the decline goes to 6 or 7 percent, it will be very quick,” said Tom Metzold, portfolio manager at Eaton Vance Investment Managers. “I think that the first [defaults] are probably five years away,” he said.

The Rise of the E-Cig

Meanwhile, as tobacco sales plummet, the e-cig industry is thriving due to a growing number of Americans switching to a less risky and more enjoyable smoking experience.

Currently, electronic cigs only make up a fraction of the market compared to Big Tobacco, but the industry is still so young. Four years ago, e-cigs were a niche subculture for just a handful of hobbyists. But in only a few years, sales of e-cigs have grown to more than $2.2 billion annually and the number of e-cigs sold has skyrocketed from 50,000 units to over 3.5 million by 2012, according to some estimates.

If this trend continues, it won’t be long before electronic cigs take control over a majority share of the market.

“We believe consumption of e-vapor will eclipse consumption of combustible cigs over the next decade as technology improves,” wrote Bonnie Herzog, an analyst at Wells Fargo who has tracked the tobacco industry for years, in a recent report.

In other words, it is an exciting time to be an e-smoker! Learn more about how e-cigs are becoming the new normal and where they might be headed by reading our related article in the Eversmoke Knowledge Center.

If you would like to try out e-cigs for yourself, take a look at our popular electronic cig starter kits today!

Why We Need to Celebrate E-Cigs, Not Classify Them as Cigarettes!

eversmoke-vapor-e-cigarettesHuffington Post ran an article on electronic cigarettes this week harking up the positives of vaping, asking the public to stop attempting to equate electronic smoking with traditional smoking.

The author, Tony Newman, who also happens to be the director of media relations at Drug Policy Alliance, discusses his own experience with e-cigarettes, as well as how they have enabled him, as a former smoker, to choose a more enjoyable path, without tobacco.

Newman raises many valid points in his article, ranging from the obvious: vaping is not smoking, to the serious: smoking bans are a negative force when they include electronic smoking because it removes options from those who are not using tobacco, to the positive: when he touches on the fact that many top international scientists are proponents of electronic cigarette usage, and recently wrote to the World Health Organization declaring the merits and lifesaving opportunities e-cigarettes possess. He also goes into detail on the politics of e-cigarettes, and how detrimental imposing restrictions can be when e-cigarette regulations do not take into account how much they actually help those who use them. As a vaper himself, he sees the many positives these products have benefitted him with, and contributes leaving a cigarette habit behind to his e-cigarette use.

There are a great many reasons using e-cigarettes is an entirely different thing than smoking tobacco cigarettes. They produce no smoke, only emitting clean water vapor. They contain no tobacco whatsoever. They burn no substances when used, and do not produce combustion. When a person vapes, they do not leave themselves susceptible to tar accumulation, as electronic cigarettes do not leave behind anything when used. No tar, no residue, nothing. In fact, you cannot even smell them during, or after they are used.

A huge part of publicly limiting electronic cigarettes is causing a social stigma to be developed, and it is rather unfair. The world is slowly coming to terms with electronic smoking, and e-cigarettes as alternatives to tobacco. They were created as an option, and the majority of users use them, and view them in that manner. They have helped and benefitted millions, the time has come to embrace e-cigarette usage, not fear it.