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Odd Lots

Zyns, Vapes and the Very Weird Market for New Nicotine Products

Jul 29, 2024
57:25
Snipd AI
John Coogan, co-founder of Lucy Goods and former co-founder of Soylent, dives into the booming world of nicotine products. He discusses the meteoric rise of Zyn nicotine pouches and the cultural shifts in nicotine consumption. The conversation highlights regulatory hurdles for new products, the aftermath of Juul’s decline, and the burgeoning gray market for vapes. Coogan also shares insights on the business strategies behind launching innovative nicotine alternatives amid stringent FDA regulations.
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Podcast summary created with Snipd AI

Quick takeaways

  • The rising popularity of nicotine alternatives like Zyn and vapes reflects a growing shift away from traditional cigarettes among diverse consumer demographics.
  • Navigating complex FDA regulations significantly impacts the approval and market integration of new nicotine products, affecting competition and innovation in the sector.

Deep dives

The Rise of Nicotine Alternatives

Nicotine alternatives, such as Zinn and various other nicotine pouches, have significantly increased in popularity and usage in recent years. These products offer a tobacco-free means of nicotine delivery, catering to a market that is shifting away from traditional cigarettes. The podcast discusses the surge in sales and the establishment of a new culture around these products, particularly among younger consumers. This new wave of nicotine users has driven demand, leading to noticeable shortages in stores as supply struggles to keep up with the rising interest.

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