E-Cigarette Manufacturers Say New Regulations Will Devastate The Industry

The Food and Drug Administration issued long-anticipated rules this morning that extend federal regulatory authority to e-cigarettes, which heat nicotine-laced liquid into a vapor that has only traces of some of the 60-plus carcinogens found in cigarette smoke. The 499-page document will have a profound effect on the e-cigarette industry in the U.S., worth an estimated $3.7 billion last year. Until now e-cig companies have operated with no federal rules. The new regulations also ban e-cig sales ...