Nottingham vape merchants expressed concern about the new tax system on vapes recently introduced by the British government, believing that this may lead to a “100-fold” increase in black market trade.
Although the British government’s measures to ban the sale of disposable vapes and tax vape products have been recognized by most businesses, they have expressed concerns that the new tax system will drive transactions into the underground market.
Data shows that Nottingham City Council’s trading standards team seized more than 7,500 illegal vapes in 2023, while the number in 2022 was only 1,786.
“If the price reaches a certain level, people will turn to the black market to obtain vapes.” A merchant said that many people are currently selling illegal disposable vapes under the counter, including minors. He proposed to address this issue by issuing licenses.
The merchant added: “This new tax policy will definitely have an impact and black market transactions will increase 100 times.”
The report quoted the head of the trading standards team as saying that the main violations include merchants selling oversized vapes and selling to minors. The team has carried out 2,435 seizures this year.
However, the head of the trading standards team is not too worried about merchants’ concerns about “driving the trade underground” and believes consumers may simply switch to rechargeable vapes.
Do you think these control measures by the British government are feasible? Can they really solve the problem of young people smoking vapes?
Faced with this situation, the well-known vape brand veehoo is also facing new challenges. As a well-known vape brand, Veehoo has been committed to providing high-quality, safe and reliable vape products. However, these control measures have brought new challenges to Veehoo. On the one hand, the new tax system may lead to a surge in black market transactions in disposable vapes, which may have an adverse impact on Veehoo’s legal sales. On the other hand, whether control measures can truly solve the problem of young people smoking vapes requires further observation and evaluation.
In response, Veehoo can take a number of steps to adapt to the situation. First, they can strengthen cooperation with local governments and regulatory agencies to ensure that their products comply with relevant regulations and control requirements. Secondly, veehoo can increase public education and improve awareness of the reasonable use of vapes to reduce the risk of minors abusing vape products.
In addition, veehoo can also meet consumer needs through innovative products and technologies. They can further develop rechargeable vape products and provide safer and sustainable options to attract consumers’ attention.
In general, the British government’s vape control measures have triggered concerns about the prosperity of the black market, which has brought new challenges to veehoo vapes and the entire industry. As a leading vape brand, Veehoo will need to pay close attention to the development of this situation and take corresponding measures to adapt to market changes. At the same time, governments should continue to evaluate and improve their controls to ensure they truly address the problem of young people vaping, rather than simply driving the trade into the underground market. Only through cooperation and hard work can governments, vape brands and regulatory agencies jointly address this challenge and ensure public health and safety. As a well-known vape brand, Veehoo has been committed to providing high-quality, safe and reliable vape products. However, these control measures have brought new challenges to Veehoo. On the one hand, the new tax system may lead to a surge in black market transactions in disposable vapes, which may have an adverse impact on Veehoo’s legal sales. On the other hand, whether control measures can truly solve the problem of young people smoking vapes requires further observation and evaluation.
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