According to a London report by Reuters on January 29th, the British government's proposal to ban disposable e-cigarettes has caused fluctuations in the stocks of the e-cigarette industry and has also sparked disagreement among experts. They are concerned that this move may hinder efforts to curb the deaths and illnesses caused by tobacco.
British Prime Minister, Rishi Sunak, has expressed concerns over the increasing popularity of disposable e-cigarettes among young people in the UK. Citing statistical data, he revealed that the number of underage individuals using e-cigarettes has doubled in the past three years. Other countries, such as France, have already announced bans on disposable products. However, the UK government has opted to include e-cigarettes as part of its overall plan to reduce smoking rates, which includes providing free e-cigarette kits to smokers who wish to quit.
On Monday, the stock price of e-cigarette company Chill Brands experienced a significant drop of 29%. Likewise, Supreme PLC, a company specializing in the sale of disposable e-cigarettes, initially saw a decline of nearly 10% in their stock price, but managed to recover and increase by 7%. Following this market development, Chill Brands announced plans to expedite the launch of non-disposable e-cigarettes, asserting the belief that disposable e-cigarettes have played a significant role in aiding people in their efforts to quit smoking.
Researchers have discovered that the usage of disposable e-cigarettes is widespread among individuals. According to a recent study released this month, approximately 1.2 million smokers in the UK, along with 744,000 individuals who have quit smoking, are employing disposable e-cigarettes.
Chief researcher Sarah Jackson of the Tobacco and Alcohol Research Group at the University of London has stated that "this ban may have significant negative consequences for these individuals." She points out that this could potentially prevent smokers from fully switching to the relatively harmless e-cigarettes or cause those who have successfully quit smoking with the help of disposable e-cigarettes to relapse.
Professor Colin Notley, Addiction Science Professor at the Norwich Medical School at the University of East Anglia, emphasized the importance of reducing smoking rates since smoking is a deadly habit. However, Mike McKean, Vice-Chair of the Royal College of Pediatrics and Child Health, supports the government's measures and believes that tough actions are necessary to curb young people's smoking behavior. He stated that research and data regarding the widespread use of e-cigarettes are in its early stages, and the long-term effects, particularly on young people, are still unclear.
"UK Disposable E-Cigarette Ban" Series Report
Policy Updates
【1】UK Government Announces Ban on Disposable E-Cigarettes
【2】Original Text of UK Government's Disposable Ban Announcement
Market Dynamics
【1】After UK Disposable Ban: Retailers Clearing Stock, Major Distributors Turning to E-liquids and Open-Systems
【2】UK Announces Disposable E-Cigarette Ban: Smoore and Yinghe Technology Stock Prices Decline
Various Perspectives
【1】Black Market or Opportunity? Insiders' Perspectives on UK Disposable Ban
Business Review
【1】Disposable Ban Impact: Is Smoore's Strategic Layout Empty Again?
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