InvestorsHub Logo

FDAHunter

05/25/16 9:44 AM

#15585 RE: sandman714 #15584

dont forget the last quarterly report down at the bottom

"Industry Regulation

On May 9, 2016, the Food and Drug Administration (the "FDA") adopted regulations to include e-cigarettes, vaporizers, e-liquids under regulated tobacco products. The FDA will regulate e-vapor products, including requiring costly formal product approvals, limiting the manufacture and distribution of e-vapor products and could materially and adversely affect our existing retail and wholesale business. A consequence of the FDA's product approval process could result in the number of products available being limited. The FDA regulations and approval process could also make product development and manufacture cost prohibitive for the Company. Additionally, a reduction in available e-vapor products would diminish the need for our dedicated retail stores."