Congress Voted to Raise the Tobacco-Buying Age to 21. Here’s What That Could Do to the Vaping Industry
Vaping advocates, meanwhile, support Tobacco 21 for several reasons. Tony Abboud, executive director of the trade group Vapor Technology Association, said in a statement provided to TIME that Tobacco 21 is “the most significant step that can be taken to reduce youth access and use.” By keeping nicotine products away from young users, for whom they are not intended, Tobacco 21 could also ease some of the hysteria around teen vaping.
Of course, losing an undeniably lucrative customer base—teenagers—will have some negative effect on vaping companies’ bottom lines. But David Levy, who researches the science and business of e-cigarettes at Georgetown University, says companies will likely come out fairly unscathed. “While sales would be reduced, firms selling vaping devices and liquids will probably indirectly benefit, because regulations will be less strict due to less concern about youth vaping,” Levy says.
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