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CEA Industries (NASDAQ: VAPE), owner of Central Canada's largest independent vape retailer Fat Panda Ltd., has welcomed the FDA's authorization of JUUL e-cigarette products for sale in the United States. This decision reverses the FDA's 2022 federal ban and represents a significant shift in the U.S. nicotine market regulation.
CEO Tony McDonald expressed optimism about this development, viewing it as a crucial step toward establishing a regulated U.S. marketplace for nicotine vape products. The company sees this authorization as an opportunity to potentially expand into the U.S. market under a clearer regulatory framework.