E-Cigarette Sales to Hit $1 Billion

Five years from now, he thinks, 30 to 40 percent of traditional smokers will have switched to e-cigarettes—perhaps as many as 20 million customers. In five years e-cigarette sales will grow to $15 billion to $20 billion a year, he thinks.

As for what further restrictions might be coming down the pike, Alelov says he's not particularly worried about any regulations the FDA may eventually promulgate. (The FDA currently does not regulate e-cigarettes, but it is expected to in the future.) He expects the FDA's regulations, when they come, would apply to packaging, labeling, and minimum age of the buyer.

Alelov says there are some venues where he, personally, won't smoke an e-cigarette. They include McDonalds, movie theaters and children's playgrounds. Everywhere else, however — everywhere that nicotine gum or nicotine patches are permitted — he feels e-smokes should be, too.

  • 1
  • |
  • 2
Join the Discussion
You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus
You Might Also Like...
See It, Share It
PHOTO: The fake baby a man was carrying as he and another woman tried to sneak into the mother and baby unit at Mercy Medical Center in Merced, Calif., hospital officials said.
Dignity Health Security/Mercy Medical Center Merced
dpa, Jens Wolf/AP Photo
PHOTO: U.S. Customs and Border Protection officers at the George Bush Intercontinental Airport in Houston stopped a would be smuggler from bringing nearly 7 ounces of cocaine into the country in tamales, Aug. 22, 2014.
U.S. Customs and Border Protection
PHOTO: Giant panda Bao Bao celebrates her first birthday at the Smithsonians National Zoo, Aug. 23, 2014.
David Galen, Smithsonians National Zoo