Smoore Stock Price Surges after FDA Approves NJOY's Menthol E-Cigarettes

Regulations by 2FIRSTS.ai
Jun.24.2024
Smoore Stock Price Surges after FDA Approves NJOY's Menthol E-Cigarettes
Smoore International's stock price surges after FDA approval for menthol e-cigarettes in the US market.

According to Sina Finance news on June 24th, Smoore International (9.95, 0.58, 6.19%) (06969) opened higher in early trading, with a 7.15% increase in stock price, now trading at 10.04 Hong Kong dollars, with a trading volume of 1.14 billion Hong Kong dollars.

Smoore Stock Price Surges after FDA Approves NJOY's Menthol E-Cigarettes

 

Recently, the FDA website announced the approval of four menthol e-cigarette products for sale in the US market. All four approved products are from NJOY, including two NJOY ACE products and two NJOY DAILY products.

 

Caitong Securities believes that the FDA's authorization of four menthol e-cigarettes under NJOY for sale in the US marks the first time it has approved flavored e-cigarettes besides tobacco for sale in the country. The FDA believes there is enough evidence to show that the authorized menthol e-cigarettes can help reduce exposure to harmful chemicals found in traditional cigarettes, demonstrating harm reduction potential. The benefits of switching completely from traditional cigarettes to products with less harm may outweigh the risks posed to teenagers.

 

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

Malaysian Health Minister: Push for Nationwide E-cigarette Ban Underway, Now in Multi-Department Evaluation Stage
Malaysian Health Minister: Push for Nationwide E-cigarette Ban Underway, Now in Multi-Department Evaluation Stage
Malaysian Health Minister Dzulkefly Ahmad announced the government is considering a nationwide e-cigarette ban. A special committee will assess the ban's impact, as some states have already imposed restrictions.
Jul.28 by 2FIRSTS.ai
US: Ohio Appeals Court Backs Local Tobacco Control: Strikes Down State Law Limiting City Regulations
US: Ohio Appeals Court Backs Local Tobacco Control: Strikes Down State Law Limiting City Regulations
An Ohio appeals court has struck down a state law that blocked local governments from enacting tobacco regulations, ruling that cities can govern tobacco under their home-rule authority. The state legislature had previously overridden the governor’s veto of the law. The decision bolsters local efforts to address public health challenges through independent tobacco control measures.
Jul.10 by 2FIRSTS.ai
UK Releases Latest Approved E-cigarette List: 227 New SKUs Cleared, Including ELFBAR, LOST MARY, and VAPORESSO
UK Releases Latest Approved E-cigarette List: 227 New SKUs Cleared, Including ELFBAR, LOST MARY, and VAPORESSO
Between July 19 and 28, the UK Medicines and Healthcare products Regulatory Agency (MHRA) published 227 SKUs in its e-cigarette product notification database, including updates on high-puff devices, refillable pods, and multi-flavor cartridges from brands such as ELFBAR, LOST MARY, and VAPORESSO.
Jul.28 by 2FIRSTS.ai
ETN Reports on the "2024 Global Tobacco Control Progress Report"
ETN Reports on the "2024 Global Tobacco Control Progress Report"
In 2024, FCTC Parties took steps to curb tobacco use through tax and price measures, smoke-free policies, ingredient regulation, ad bans, and environmental protections. Global efforts showed weaker Convention influence, a stronger focus on tobacco control in global governance, and increasing differences among Parties.
Jul.07 by 2FIRSTS.ai
2Firsts Interview with Alchem: Addressing Quality, Speed, and Regulation in Next-Gen Nicotine Solutions
2Firsts Interview with Alchem: Addressing Quality, Speed, and Regulation in Next-Gen Nicotine Solutions
As global regulations tighten and demand for smoke-free alternatives grows, the nicotine industry is rapidly evolving. In an interview with 2Firsts, Alchem discusses how enhanced purity, consistency, and technological innovation help address quality, speed, and compliance challenges.
Jul.10
Global ScholarshipProgramme Seeks Tobacco Harm Reduction Leaders of Tomorrow – One Week Left to Apply
Global ScholarshipProgramme Seeks Tobacco Harm Reduction Leaders of Tomorrow – One Week Left to Apply
Organized by UK-based K•A•C, the global Tobacco Harm Reduction Scholarship Programme enters its final week for applications. Open to all backgrounds, it offers tailored mentorship and up to $12,000 in funding to support individually designed THR projects.
Jul.24