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NewsBreak: Trump Says He's Looking Into Banning Non-Tobacco Vaping Products

Published 09/12/2019, 01:04 AM
Updated 09/12/2019, 01:26 AM
© Reuters.
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Investing.com – President Donald Trump said Wednesday he was looking into banning all non-tobacco flavored vaping products from the market. He made the comment to reporters at the White House.

  • The concern stems from rising instances of breathing problems experienced by otherwise healthy users of e-cigarettes that they use for vaping. At least six have died, and more than 450 cases have been recorded across the country this summer.

  • The health issues appear related to the presence of THC oil in vaping products smoked in the Juul e-cigarette. THC is the compound in marijuana that creates a high. Privately held Juul's cigarette normally packages nicotine salts from leaf tobacco into one-time use cartridges.

  • The Food and Drug Administration is finalizing plans to pull all flavored e-cigarette cartridges from the market, leaving only the tobacco flavor, in an effort to discourage youth vaping. Altria Group (NYSE:MO) fell 1%, while Philip Morris International (NYSE:PM) lost 0.4%.

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