Casson Communications published an article, authored by "Brian R. Connell, CFA," about the joint efforts to address the problem of illicit and illegal vaping products in the U.S. Market
FRISCO, TX / ACCESSWIRE / November 6, 2023 / Casson Communications, LLC an investor marketing and financial communications specialist announced today that it has published an article, authored by Brian R. Connell, CFA, commending the joint efforts of the U.S. Food and Drug Administration ("FDA"), the U.S. International Trade Commission ("ITC") and several big tobacco companies including R.J. Reynolds and Altria Group's operating company NJOY, LLC to stop the import, marketing and sale of illicit disposable e-vapor products in the U.S. market and the positive impact it could have on "Compliant Companies."
Mr. Connell commented, "The simple fact is, stopping the influx of these illicit products is good for business."
Illicit vape and e-cigarette products have taken away market share, pricing power and revenues from compliant manufactures, distributors, and retailers. The unreported sales of illicit products have greatly reduced sales tax revenues for states, counties, and cities alike.
Connell continued, "Although it is doubt that we will ever see all illicit vape and e-cigarette products completely absent from the U.S. market, I do believe that we are on the cusp of seeing much stronger enforcement occur based on the actions of both government agencies and large corporations."
No doubt compliant companies of all sizes applaud these joint efforts, but it's the smaller manufactures and distributors of FDA authorized products, like Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL), that will significantly benefit from these multiple efforts and as Mr. Connel said, they "Could see a very large uptick in sales and earnings over a relatively short period of time."
For those readers who are also investors, this might be a very interesting time to place your bets and you may want to read what Mr. Connell had to say about the crack down by Big Tobacco, FDA, and ITC.
To read the full article, please visit MicroCap MarketPlace at: Crack down by Big Tobacco, FDA and ITC on illicit vapes and e-cigarettes imports portends increased market share and revenues for legitimate, authorized brands - MicroCap MarketPlace
About Casson Communications, LLC, and MicroCap MarketPlace.com
Casson Communications, LLC (CC, LLC) is a specialist in developing and executing investor marketing, financial communications and direct media campaigns for small cap and microcap public and private companies. CC, LLC has received seventy-five hundred dollars in cash compensation from Kaival Brands Innovations Group, Inc. for the distribution of this notice and the above referenced article which is posted on MicroCap MarketPlace.com.
MicroCap MarketPlace.com provides carefully researched micro and small cap investment opportunities for individual and institutional investors. Its primary emphasis is on well-managed companies that offer readers superior returns…300%, 500%, even bigger gains that could be realized within six to eighteen months. To view disclosures and disclaimers visit: MicroCap MarketPlace (MCMP).
Casson Communications, LLC
Mike Casson, President & CEO
mike@mikecasson.com
(214) 507-1116
SOURCE: Casson Communications, LLC
View source version on accesswire.com:https://www.accesswire.com/799785/casson-communications-commends-increased-efforts-by-fda-big-tobacco-and-itc-to-stop-the-importing-of-illegal-disposable-vapes-into-the-us
