Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

You're absolutely right, Maddstacker, about the applicability of the new regulations. Meanwhile, giving due credit to Hostastock for his post #5270 of mid-May, here's what VHUB told its dealers:

To Our Valued Customers,

With the recent FDA regulations, there is a lot of uncertainty and a lot of questions that we are being asked. We have been researching the new FDA regulations internally as well as with our team of lawyers. I would like to summarize what intermediate conclusions we have asserted internally as well as with our lawyers. We will continue to research and come up with a more detailed assessment of what the FDA regulations entail. We assure you that we will do everything in our power to continue our longevity approach in the vaping industry. We want to give you peace of mind that you can continue operating your vapor store for years to come. We will help guide you on some of the major regulations that you must abide by in order to continue operating your business. There are some things you can do to help with the current FDA regulations and we will detail them below.

From our assessment there are some key takeaways that we have assessed from reading the full FDA documents in conjunction with our lawyers. In the FDA documents there is a regulation that vapor stores will be prohibited from mixing eliquid in their stores. We highly recommend that you cease from doing in store mixing, and start bringing in certified lab produced eliquid. Retail vapor stores will no longer be allowed to give out “free samples” which means, no free tasting bar. One suggestion that we have come up with internally is to have customers purchase a tasting membership at your price discretion to allow them to continue sampling eliquid lines in your retail location. You could also charge a customer a fee upfront for your tasting bar, and give them a credit at purchase. The FDA has required that all eliquid has a full warning description on the label. An eliquid label should have the warning label- “WARNING: This product contains nicotine. Nicotine is an addictive chemical” as well as “This product is made from tobacco.” If your eliquid brands do not have these, we highly suggest brining in an eliquid line that has these warning labels. In other regulations, California has increased the legal smoking age to 21. We highly suggest that you make sure to do age verification with a government issued document if you have not been doing so already.

There are some regulations that are for importing, exporting, and manufacturing. We are working with some of the best experts in the industry to make sure that we are compliant with our manufacturing processes and abide by all FDA regulations. This will ensure that you can get quality products from Vapor Hub International, Inc. that will be in compliance with these FDA regulations. We assure you that we are here for the long term and will do everything in our power to save our industry, and provide you with products that can continue to sell in your vapor store. There is already one ecig company that has filed a lawsuit against the FDA, and we can only assume more companies will follow suit. I will continue to update you with any more relevant information in the future in regards to the RDA regulations.

What you can do to help: Send an email to support HR 2058 which could save our industry- http://cqrcengage.com/casaa/app/write-a-letter?0&engagementId=153933 Send a letter to your Attorney General to save our industry Sign the petition to overturn the RDA’s ruling - https://petitions.whitehouse.gov//petition/overturn-fdas-ruling-ecigarette-classification-tobacco-product ; Key Takeaways: Vapor stores must cease from mixing eliquid on site Eliquid bottles must have warning labels Legal smoking age in California is 21 No free tasting bars

Kyle Winther
Chief Executive Officer