FDA Cracks Down on Illicit Vape Market with $200 Million in Enforcement Funds and New Regulatory Measures

Ispire Technology and IKE Tech welcome FDA's crackdown on illicit vape market, calling for tech-driven enforcement to prevent youth exposure to potential harms. They support the FDA's allocation of $200 million towards enforcing regulations on electronic nicotine delivery systems and updating its 2020 enforcement guidance. The companies are developing technological solutions, such as blockchain-secured smart authentication tags and AI-driven age-verification, to enhance compliance and prevent counterfeit products.