Electronic Cigarettes in the News

Recent News Articles

by: Ryan Anderson

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Richard Craver, a writer for the Winston-Salem Journal just recently explained the expanding popularity of electronic cigarettes. Bonnie Herzog, a Wells Fargo security analyst who has actually observed the tobacco industry for several years, described e cigs as being "here for good," indicating that sales would certainly reach $ 1 billion dollars in the very near future. In an August 2012 research note to capitalists, Herzog predicted that  smokeless cigarette sales could possibly go beyond traditional cigarettes within a short period of 10 years or less.

These bold predictions are based on outstanding boosts in electronic cigarette sales from 2008. The chart illustrates UBS records offered by NJOY CEO Craig Weiss during a teleconference with Goldman Sachs on December 14. U.S. electric cigarette sales totaled $ 20,000,000 in the year 2008; they have actually doubled each succeeding year, to over $ 500,000,000 in 2012... Read More
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