Thinking of starting an e-liquid business

Lord_Tryzalot
Lord_Tryzalot

Thinking of starting an e-liquid business.. thoughts?

All urls found in this thread:
https://youtu.be/V-vTOo7f4f8
eGremlin
eGremlin

@Lord_Tryzalot
market is saturated, and if you are in the US, the gov just released regulations.

its a bad time, and this is coming from someone who is an eliquid contract manufacturer

Stupidasole
Stupidasole

@eGremlin
I just read about the new regulations, how is it going to hurt you specifically?

Poker_Star
Poker_Star

@Lord_Tryzalot

Are you unintelligent?

If not, then consider creating something of actual value in the world.

Methshot
Methshot

@Poker_Star
Are you unintelligent?
I'm trying to get as much information as i can.

BunnyJinx
BunnyJinx

@Stupidasole
Um... the new vaping age is 21 instead of 18,how do you think it hurts you?
You can't prey on stupid high school choices like cig companies

Dreamworx
Dreamworx

@Stupidasole
it puts almost every ecig company out of business

Methnerd
Methnerd

With the new regulations don't you think it'll start an underground vape industry

Garbage Can Lid
Garbage Can Lid

Do you have any idea how much product liability insurance is? If not you shouldn't start this business.

Stupidasole
Stupidasole

@Lord_Tryzalot
The FDA just reclassified eliquids as open container free tobacco, which means that they can begin to regulate it like other tobacco products. This can be anything from taxes to flavor profile limitation (cigs can only have tobacco and menthol flavors). The real kicker is that a vape company has to file the same paperwork, an sku, for every nic level of every flavor like a tobacco company has to file for a new cigarette. Each of the filing procedures cost 1,000,000 usd each and the costs would shut down companies. Good thing, fda regulations can't take effect sooner than 2 years from now.

eGremlin
eGremlin

@Stupidasole
I thought I read something about them being enacted August 8th

Deadlyinx
Deadlyinx

walk into local ecig bar
open the door
a vape cloud greets me
'bruhhh'
'dafuq?'
'why you lettin the vape out bro!?'

StrangeWizard
StrangeWizard

@eGremlin
That may be your specific state, but federal regulations are two years from now, they have not even drafted any regulations next, August 8th is when pipe tobacco and cigarillos fall under a new tax bracket, considered cigarettes. The reason cigars and pipes have been so much cheaper is because they were under a different tax bracket

idontknow
idontknow

@Lord_Tryzalot
Terrible timing since the fda just passed the deemig regulations

If you dont know what that means thats probably a sign you shouldnt be in the business

But if you go to an expo and get lucky and they reverse the deemig regs you miht be okay

Deadlyinx
Deadlyinx

@Methnerd
Yeh but since everyone will be dot'ing their goes your markup - people will pay enough to profit sure but its not like black tar heroine

You gonna risk 10's of thousands of dollars in government fines and jail time to sling 30 ml's for 10 dollars a pop?

TreeEater
TreeEater

@Stupidasole
Thanks Obama.

Sir_Gallonhead
Sir_Gallonhead

vape nation

farquit
farquit

I made a batch of my own e-juice today. It's so easy, I don't know why anyone would actually buy e-juice except the plebeians who will just end up going back to analogs. It's a pretty shit business because since it's so easy to do, 99% of the game is marketing your shitty juice. Not the kind of game I'd like to play.

Spazyfool
Spazyfool

@farquit
True

Techpill
Techpill

No, you should never invest in a dying trend.

whereismyname
whereismyname

@BunnyJinx
Um... the new vaping age is 21 instead of 18,how do you think it hurts you?
Literally only on commiefornia

Raving_Cute
Raving_Cute

@Lord_Tryzalot

watch this video you can earn some good dough part-time not legal though but doesnt seem risky at all if you do it quitely without telling anyyone

https://youtu.be/V-vTOo7f4f8

Sir_Gallonhead
Sir_Gallonhead

@Stupidasole
EU has just put regs on it

It's almost like big tobacco owns our governments

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