VAPE Magazine, Special Regulation Issue, September 2016

Page 18

K C A BL ET

THE

K R A M VAPING OF

te

An Unin

nce?

seque n o C d e nd

The Centers for Disease Control and Prevention and the American Legacy Foundation reported these findings and found the culprit. They were usually illegal bootleggers that were selling name brands for $5.00 per pack. Thus began the black market and the beginning of an illegal cigarette industry. It was estimated that as much as 90 percent of cigarette sales in 2003 were illegal sales and therefor, not taxed or collected by the state or city of New York.

Our Early Vaping Roots The vision of selling “from the truck of your car” is not limited to cigarettes and many that got into the vaping game early did the same thing. They were not circumventing taxes or the law, but were trying to create a business that had no structure and no foundation. In 2013 when estimated 1,500 years later that to 9,000 shops.

18

I started VapeMentors there were an vape shops in the United States. Three number exponentially increased six-fold No one really knows for sure since the

opening and closure rate is so high and because there are many definitions of “vape shops.”

Many of todays’ top companies started with an aggressive “Vapreneur” buying products from overseas- usually China- and pawning them off to friends and associates that were curious about this new vaping thing. Many of those products were so inferior that they were motivated to create or find better ones. This was the foundation of one of the largest vaping companies in the nation, Madvapes.

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