Impending Tax Policy Change Threatens E-cigarette Retailers

Market by 2FIRSTS.ai

Jan.15.2024

Impending Tax Policy Change Threatens E-cigarette Retailers

E-cigarette retailers face price hikes as the government plans to announce new taxation policies, according to betterretailing.

According to a report by betterretailing on January 12, e-cigarette retailers are facing price increases in the coming months due to the government's planned announcement of a new tax policy.

According to The Mirror, the cost of e-cigarettes could increase by at least a quarter, with specific plans set to be officially announced in the budget on March 6th. This move comes after Prime Minister Rishi Sunak revealed a plan to tackle teenage smoking. Proposed measures include imposing a tobacco ban targeted at the younger generation and limiting the flavors and appearance of e-cigarettes to reduce their appeal to children.

In response to concerns over the environment and underage smoking, the government has initiated a consultation process, which includes discussions on whether to increase the price of e-cigarettes to "reduce the number of young people using e-cigarettes." The government's response to the consultation is expected to be released in the near future.

Meanwhile, some well-known brands like Elfbar and Lost Mary have taken action by removing certain "dessert" flavors from their product lines. According to a spokesperson from Elfbar, this renaming and flavor elimination measure is aimed at curbing the appeal of e-cigarettes to children.

Overall, the report highlights the government's determination in addressing issues of youth smoking and environmental protection, while also reflecting that some brands have already started proactively adjusting their products to adapt to potential new regulations.

References:

[1] Disposable vapes may see 25% tax hike

Also Read:

[1] Joint Operation Successfully Seizes Counterfeit Tobacco and E-Cigarettes

[2] Investigation Reveals Illegal Sale of E-Cigarettes on Durham Road

[3] VPZ Opens New Store in Metrocentre to Support Smokers

#Europe #Legislation #E-cigarettes #United Kingdom #E-cigarette Taxes #E-cigarette #E-cigarettes and Tobacco #Retail store

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Organigram Global Appoints Former BAT Global Head of Strategy James Yamanaka as Chief Executive Officer

Organigram Global has named James Yamanaka, previously Global Head of Strategy at British American Tobacco (BTI), as its new CEO. His appointment is expected to take effect around January 15, 2026, and he will also join the company’s board. Yamanaka brings more than 20 years of strategic and managerial experience from roles across Europe and Asia at BTI.

Nov.26

Malaysia’s Home Ministry Urges Study of IQOS Tobacco Device Ahead of Potential Legislation

Malaysia’s Home Ministry has recommended that the National Poison Centre conduct a study on the IQOS heated tobacco device, developed by a leading global tobacco company. Minister Datuk Seri Saifuddin Nasution Ismail said the research would help the government prepare future legislation addressing emerging nicotine technologies. While health risks remain uncertain, officials stress the need for proactive, adaptable legal frameworks.

Nov.27 by 2FIRSTS.ai

Over 179,000 E-Cigarettes Destroyed in Samut Prakan as Thai Government Tightens Enforcement

Thailand’s Office of the Prime Minister, led by Minister Santi Piyatat, has destroyed nearly 179,000 confiscated e-cigarettes and accessories worth 33 million baht (approx. USD 1,020,000) as part of the government’s ongoing campaign for a “Vape-Free Thai Society.”Officials said the action demonstrates Thailand’s strict enforcement of anti-vaping laws and its commitment to protecting youth and public health.

Nov.27 by 2FIRSTS.ai

Product | GEEK BAR and Canada’s STLTH Co-Launch 80,000-Puff Vape, Now Available Across Multiple Channels

Canada’s STLTH has teamed up with GEEK BAR to launch the disposable “STLTH X GEEK BAR 80K,” featuring 30 ml of e-liquid and up to 80,000 puffs. The device is now available across multiple retail channels in Canada, priced around C$44.99–48.99.