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spin

(17,493 posts)
39. Tobacco companies are becoming interested in promoting e-cigs. ...
Fri Nov 15, 2013, 10:23 PM
Nov 2013
Big Tobacco Invests in E-Cigarettes. Should You?
Still just a puff for Big Tobacco, but e-cigarettes are shaking up the smoking giants


By RICHARD SATRAN

U.S. sales of electronic cigarettes are expected to jump past $1 billion this year, and where there's growth like that you can bet someone is making money – whether it'll be new companies or Big Tobacco remains to be seen.

While still a tiny fraction of total tobacco sales, the market is already a lucrative one for some fledgling e-cigarette firms, though companies that promote and advertise the products are receiving much of the benefits, not manufacturers themselves. Longer term, the burning question is: Who is best positioned when government regulators take control of a market that's so unfettered it can legally target adolescents with candy-flavored smokes.

***snip***

Lorillard, the scrappy No. 3 cigarette maker behind giants Altria and Reynolds American, has moved aggressively with its blu brand, says Kwon, adding that the company has "always been an innovator." It's trying to bring a touch of Mad Men-style glamour to cigarettes, and bringing smokes back to the tube for the first time in four decades with ads featuring television celebrity Jenny McCarthy puffing up the benefits of e-cigarettes by saying "it's not sexy" to smell like an ashtray and pointing out she doesn't have to freeze outside to smoke a cigarette.

***snip***

And what about Big Tobacco's role? Altria and Reynolds need to compete, but the cost of a massive new marketing push in a sector where regulatory issues are still being sorted out might not make perfect sense, at least for now, analysts say, especially if such new costs mean any trade-off for tobacco company shareholders who purchase the stocks in part for their high dividend yields. "They are in a business that is highly profitable that does not require a whole lot of investment," says Kwon, while noting a changing market could upend such reluctance. "This could be much different in the future, and this is something they will have to invest in. It's in its very early stages, but it has potential to become something big, and it could have an impact."
http://money.usnews.com/money/personal-finance/mutual-funds/articles/2013/10/17/big-tobacco-invests-in-e-cigarettes-should-you


There is no doubt that our government loves to regulate and often that is a good thing. However big business often is able to exert its power to determine the extent of the regulation. The big drug companies may fear that e-cigs present a threat to their sales of anti-smoking drugs, nicotine patches and gum. Tobacco companies may decide to support e-cigs as it may attract many young smokers who think that such devices are cool.

I personally feel that e-cigs present a lower level of health risk then cigarettes, cigars or chewing tobacco but more research should be done. I smoked e-cigs for two years and now have quit. I will admit that I occasionally smoke an good cigar or sometimes (rarely) bum a cigarette off a smoker which I pay for. That's a major improvement over smoking a pack a day.

My doctor recommended trying e-cigs as he said that a number of his patients had managed to significantly reduce or quit smoking conventional tobacco products.


Recommendations

0 members have recommended this reply (displayed in chronological order):

If we don't let children buy cigarettes than why permit them to buy E-cigarettes? BlueJazz Nov 2013 #1
Same here Treant Nov 2013 #8
Issue weissmam Nov 2013 #20
Possibly Treant Nov 2013 #21
Nicotine causes nicotine addiction, at the very least. pnwmom Nov 2013 #25
Semi-Agreed Treant Nov 2013 #29
This whole thread is about children using it. So is the OP. nt pnwmom Nov 2013 #33
Think of the Children... Treant Nov 2013 #34
I'm a lot more concerned about high school kids in hookah bars Warpy Nov 2013 #26
ecigs are NOT a tobacco product they are a nicotine product just like angstlessk Nov 2013 #2
Don't they have nicotine ?? (I don't know...just asking) BlueJazz Nov 2013 #3
Most do, but so does eggplant Cal Carpenter Nov 2013 #5
Ahh...I see...thanks ! BlueJazz Nov 2013 #6
I stated they were a nicotine product..and yes some have 0 nicotine angstlessk Nov 2013 #7
Not all e-cigs contain nicotine tridim Nov 2013 #4
Except patches and gun don't spray material into the air. onehandle Nov 2013 #12
Inhalers do Treant Nov 2013 #14
There are absolutely no scientific, long-term studies on this. onehandle Nov 2013 #15
Incorrect. Treant Nov 2013 #18
Actually, the liquid comes in various levels including ZERO nicotine... Spitfire of ATJ Nov 2013 #27
Think I'll take a toot MyNameGoesHere Nov 2013 #9
I love you. Treant Nov 2013 #10
Trust me I feel you MyNameGoesHere Nov 2013 #11
Hook 'em while they're young. The new big tobacco, the same as the old big tobacco. nt onehandle Nov 2013 #13
nicotine is an addictive drug. drug pushers are trying to hook the youths of America nt msongs Nov 2013 #16
Big Tobacco is AGAINST e-cig industry 2banon Nov 2013 #36
E-cigs are the major reason that I am not smoking cigarettes today. ... spin Nov 2013 #17
Pharmaceutical companies Treant Nov 2013 #19
Good points. (n/t) spin Nov 2013 #22
tobacco industry is behind the scare tactics and heavy regulations 2banon Nov 2013 #37
Tobacco companies are becoming interested in promoting e-cigs. ... spin Nov 2013 #39
I'm trying to quit cigs, and have turned to e-cigs ... 2banon Nov 2013 #40
Haven't seen any research on this, but.... cynzke Nov 2013 #23
Like breathing? Treant Nov 2013 #24
Don't you know some people find joy in smacking smokers in the back of the head with a frying pan? Spitfire of ATJ Nov 2013 #28
So I've noticed Treant Nov 2013 #30
A woman once said, "Ewww! Kissing a smoker is like licking a dirty ashtray!" Spitfire of ATJ Nov 2013 #31
I love it! Treant Nov 2013 #32
This Is One of The Most Sensationalistic, Much Ado About Nothing, Stories I have Seen In Some Time. jayfish Nov 2013 #35
^1+ 2banon Nov 2013 #38
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