Booming E-cigarette industry raises questions on safety, regulation

The New Tobacco Shop is Here: E-Cigarette Store Opens in Manhattan

E-cigarettes have existed for nearly a decade but the industry has rapidly expanded within the last year. In 2011, sales of e-cigs came close to $300 million. In 2012, sales had more than doubled, to $600 million, according to a June, 2013 report from Wells Fargo SecuritiesAnalysts say this year, sales will likely triple to over $1 billion. 300 million in 2011, 600 million in 2012 And while traditional cigarette manufacturers will rake in approximately $80 billion this year, NJOY’s Weiss says, he’s confident “the good guys,” — in his mind, e-cigarette makers — will ultimately come out on top.
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