from the 10k in section Risk Factors..... ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Because a recent United States federal court decision permits the FDA to regulate electronic cigarettes as “tobacco products,” and the FDA has indicated that it intends to do so, the regulatory impact could have adverse consequences to our business.
The Food & Drug Administration (the “FDA”) is permitted to regulate electronic cigarettes as “tobacco products” under the Family Smoking Prevention and Tobacco Control Act of 2009 (the “Tobacco Control Act”). ======================================================================
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.