Smoore Stock Price Surges after FDA Approves NJOY's Menthol E-Cigarettes

Regulations by 2FIRSTS.ai

Jun.24.2024

Smoore Stock Price Surges after FDA Approves NJOY's Menthol E-Cigarettes

Smoore International's stock price surges after FDA approval for menthol e-cigarettes in the US market.

According to Sina Finance news on June 24th, Smoore International (9.95, 0.58, 6.19%) (06969) opened higher in early trading, with a 7.15% increase in stock price, now trading at 10.04 Hong Kong dollars, with a trading volume of 1.14 billion Hong Kong dollars.

Recently, the FDA website announced the approval of four menthol e-cigarette products for sale in the US market. All four approved products are from NJOY, including two NJOY ACE products and two NJOY DAILY products.

Caitong Securities believes that the FDA's authorization of four menthol e-cigarettes under NJOY for sale in the US marks the first time it has approved flavored e-cigarettes besides tobacco for sale in the country. The FDA believes there is enough evidence to show that the authorized menthol e-cigarettes can help reduce exposure to harmful chemicals found in traditional cigarettes, demonstrating harm reduction potential. The benefits of switching completely from traditional cigarettes to products with less harm may outweigh the risks posed to teenagers.

References:

[1] 思摩尔国际早盘涨超7% FDA批准薄荷醇调味电子烟在美国销售

Also Read:

[1] FDA Approves Four NJOY Menthol E-cigarette Products for Sale

[2] Compliance Expert: FDA Approval for NJOY Menthol E-cigarettes Implies Relaxed Restrictions on Flavored Products in 3 Years

#North America #United States #Legislation #Open system e-cigarettes #FDA

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

84% of Britons Back Regulation of Nicotine Pouches, Survey Finds

A Northerner survey finds 84% of Britons support regulating nicotine pouches and 82% back a licensing scheme for vape sales, aligning with the Tobacco and Vapes Bill to improve consumer safety and youth protection.

Nov.06 by 2FIRSTS.ai

BAT acquires state-owned shares of UZBAT in Uzbekistan for $22.3 million

British American Tobacco (BAT) acquires state-owned shares of UZBAT, a joint venture in Uzbekistan, for $22.3 million.

Oct.15 by 2FIRSTS.ai

COP11 Concludes with Major Decisions on Global Tobacco Control

The Eleventh Session of the Conference of the Parties (COP11) to the WHO Framework Convention on Tobacco Control (FCTC) concluded in Geneva on November 22, with 160 Parties adopting major decisions on tobacco and nicotine regulation, environmental protection, sustainable financing, and tobacco industry liability. A landmark decision mandates a complete ban on the use and sale of tobacco and all novel nicotine products across all UN premises worldwide.

Nov.24 by 2FIRSTS.ai

Portugal to Tax Nicotine Pouches from 2026 at €0.065 per Gram

Portugal’s 2026 State Budget adds nicotine pouches to the IEC by inserting Article 104-D into the Excise Code’s tobacco chapter. A specific duty of €0.065/g applies from 2026, with rounding to whole grams. The Budget also defines pouches (natural nicotine, up to 12 mg, tobacco-free, oral mucosal absorption). Lusa projects €1.676B in tobacco excise for 2026; combined levies near €1.993B.