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    What to expect in 2019 for the vape industry

    December 26, 2023 2 min read

    What to expect in 2019 for the vape industry

    While most of the world was busy making New Year resolutions, others are focused on the stock market. Which stocks should they keep an eye on in 2019?

    The latest commodity to sweep the world is the vaporizer, and all things related. As the world’s outlook on the benefits of vaping grapples for steady footing, its value and popularity may pick up speed at a startling rate. Changing cannabis legislation around the worldmay play a huge role in vape shares picking up. Whether they become a hindrance or a catalyst is left to be seen. But let’s take a look at what the experts are saying.

    Most experts are saying, in no uncertain terms, that the vape industry cannot be stopped. As the Canadian Chair of the Advisory Board at the Centre for Health Law, Policy and Ethics at the University of Ottawa, David Sweanor, so eloquently states, “The current resistance towards vaping will not stop its expansion. Innovation is gathering momentum. A technological and public health revolution is afoot”.

    Renowned public health advocate Clive Bates also voiced his agreement stating:

    “My main prediction is that regulators will be taught lessons about the limits of their power by consumers, markets, internet commerce, and overseas entrepreneurs. The reason is that as with any prohibition or regulatory restrictions, the more market opportunities that are going to be created and the more inventive people are going to become”.

    There is no doubt in the minds of the believers that the opposition and skepticism born of 2018 will continue. As expressed by Oliver Kershaw, founder of E-cigarette Forum, “2018 was the year vape panic went mainstream, allowing vaping opponents to largely misrepresent the technology in the media”. He also goes on to say that regulatory restrictions against the industry are no exception. But this just provides the opportunity for the vape community to raise its voice.

    The future is unpredictable, but with the solicited advice of persons versed in the fields of Public Health, Science, and Industry, you have support to navigate the complicated and ever-changing world of stocks. Keep your ears and eyes peeled for all updates as things can change for or against the industry’s growth in a moment’s notice. There are great things ahead in 2019 for the vape market.

     


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