Charlie's Holdings, Inc. Aligns with FDA Guidance in Vape Market
January 16, 2020 at 10:41 pm IST
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Charlie's Holdings, Inc. is pleased with recent guidance from Food and Drug Administration (FDA) banning e-cigarette pod flavors other than Tobacco and Menthol, and clarified regulation around the legal sales of sweet and fruity flavored e-liquids. The latest vape regulatory guidance from FDA serves to bolster Charlie's business model, which focuses on providing high-quality, nicotine-only e-liquid for use in open-system vaping devices through its subsidiary company, Charlie's Chalk Dust (CCD). A recent survey completed by one of Charlie's Chalk Dust's chain of vape stores confirmed that consumers of Charlie's products are adult users, with an average age of 33, a consumer demographic focused on choice that is unaffected by recent age-related restrictions. The following are highlights from the recent article: FDA to Ban All E-Cigarette Pod Flavors except Tobacco and Menthol. Ban the sale of fruity flavors in cartridge-based e-cigarettes, but the restriction won't apply to open-system vaporizers commonly found at vape shops, according to people familiar with the matter. Open-system vaping devices aren't popular among children or teenagers, who tend to use vaporizers with prefilled cartridges; Open-system vaporizers are typically found in vape shops; Intended to curb a surge in underage vaping, would apply only to pod-based vaporizers such as those made by large closed-system manufacturers; Pull from the market all e-cigarette refillable pods except those formulated to taste like tobacco or menthol; The sweet and fruity flavors that would be banned under the new policy represented about 80% of retail store e-cigarette sales in 2019, according to analyst estimates; E-cigarette makers can apply to FDA for permission to bring flavored products back on the market. To do so, they must demonstrate that the products provide a net benefit to public health; By May, manufacturers must submit for FDA to review any vaping products they want to remain on the market beyond that point, even those that taste like menthol and tobacco.
Charlie's Holdings, Inc. is engaged in formulating, marketing and distributing non-combustible nicotine-related products, alternative alkaloid vapor products, and hemp-derived vapor and edible products. Its wholly owned subsidiaries include Charlieâs Chalk Dust, LLC, which produces and sells nicotine-based and alternative alkaloid vapor products, and Don Polly, LLC, develops, markets and distributes products containing cannabinoids derived from hemp. Its alternative alkaloid products include SPREE BAR vapes with Metatine and are available with rechargeable, reusable batteries. Its other cannabinoids include PINWEEL Disposable, PINWEEL Carts and PINWEEL Edibles. The Companyâs products are produced through contract manufacturers for sale through select distributors, specialty retailers, and third-party online resellers throughout the United States, and in select international markets including the United Kingdom, Italy, Spain, New Zealand, Australia, and Canada.