Zyns, Vapes and the Very Weird Market for New Nicotine Products
Odd Lots
00:00
Simplicity of Vaping Manufacturing
Vaping manufacturing is less complex compared to semiconductor manufacturing. Companies like JUUL make it seem simple despite having a semiconductor component. The emergence of extremely cheap disposables with features like LED screens underscores the simplicity of the process. However, major co-manufacturing in the industry is limited, largely because big tobacco companies prefer to control production internally. The challenge in raising financing for such products like Lucy Goods lies in addressing concerns about nicotine addiction and the perception of investors regarding investing in addictive substances. Venture capital firms often have 'vice clauses' in their agreements, posing obstacles for companies in this sector.
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