2min snip

Odd Lots cover image

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

Odd Lots

NOTE

The Sophisticated Operations of Vape Companies

Vape companies based in Shenzhen, like Shenzhen iMiracle Company, have sophisticated operations where they create products and seek out American partners for distribution. These companies use strategies like emailing potential partners regularly to white-label their products. Despite lacking brand awareness like Zinn, which makes $2 billion in sales, these companies collectively have a significant market share. The growth of such companies is attributed to the establishment of the Center for Tobacco Products at the FDA in 2009.

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