NEW YORK, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Yocan, a leader in vaporizer technology, today refined its bestselling battery platform with the Lux 2.0 Series, proving meaningful innovation doesn't require reinventing the wheel. While retaining the signature top-twist voltage control (1.8V-4.2V) users expect, the new generation introduces first-ever OLED smart display and precision-engineered preheat system. What’s Actually New: OLED Display - Real-time voltage/puff/battery tracking (previously hidden metrics ...

Core Insights - The FDA has authorized the sale of Juul's e-cigarette device and refill cartridges in tobacco and menthol flavors, marking a significant regulatory approval after years of scrutiny [1][3][4] - This decision provides a potential recovery path for Juul, which faced bankruptcy risks following a federal ban in 2022 [1][2] - The approval is seen as part of a broader expectation that regulatory hurdles for new vaping products may be eased under the current administration [4] Regulatory Context - The FDA's 2022 ban on Juul's products was temporarily stayed after the company appealed the decision [2][8] - The FDA's rigorous evaluation of Juul's data led to the conclusion that marketing approval was appropriate for public health protection [3] - The agency has faced criticism for slow product authorizations and the proliferation of unauthorized products in the market [5]

Core Insights - Geekvape celebrated its 10th anniversary with the G-Tour Nürburgring 2025 event, partnering with the Porsche racing team to emphasize speed, precision, and innovation [1][2][13] - The Nürburgring, known as the "Green Hell," is a challenging racetrack that tests skill and machine performance, aligning with Geekvape's brand values [4][5] Product Innovations - The event featured the launch of two new products: the Legend 5 and Wenax Q 2, showcasing Geekvape's commitment to design and performance [6][8][9] - Legend 5 is designed with a strong metal C-frame and laser-etched detailing, emphasizing precision engineering [8] - Wenax Q 2 combines metal, IML film, and soft PU leather for a high-end look, available in nine color options, appealing to both function and fashion [9][10] Brand Engagement - Geek Bar also showcased its latest products, including Geek Bar UP10000 and Vision Series, highlighting its growth in the European market [12] - The G-Tour Nürburgring event is part of a broader campaign to celebrate Geekvape's 10th anniversary, with more global events planned [13][20] - The event included an exclusive visit to the Nürburgring Erlebnis-Welt Automotive Museum, enhancing the immersive experience for global partners [15][17] Future Outlook - G-Tour has become a symbol of Geekvape's brand strength, with previous successful events like the Vaping Museum opening in China [19] - The company aims to continue advancing innovation and expanding its brand influence in the next decade [20][21]

Company Overview - RLX Technology (NYSE: RLX) has recently reported a significant increase in revenues and profitability, indicating a potential recovery in its business performance [1] - The company was previously a leading player in the China e-cigarette market but faced a downturn due to stringent local regulations that impacted the industry [1] Financial Performance - The recent earnings report highlighted a remarkable boost in both revenues and profitability, suggesting a turnaround for RLX Technology [1] Market Context - The e-cigarette industry in China has been under pressure from regulatory challenges, which previously led to a collapse of several companies, including RLX Technology [1]

Core Insights - VOOPOO showcased its latest technologies and products at the World Vape Show Dubai 2025, earning significant attention and accolades, including two prestigious awards at the Vapouround Global Awards 2025 [1][9] Group 1: Awards and Recognition - VOOPOO received the "Industry Leader" award, recognizing its relentless pursuit of innovation and influential role in shaping the vaping industry [4][5] - The PnP X Pod Tank won the "Best Tank MTL" title, further solidifying VOOPOO's commitment to quality and user experience [5] Group 2: Technological Innovations - VOOPOO's iCOSM CODE 2.0 technology offers 30-day cleanness, steady flavor, and 100 mL e-liquid endurance, showcasing the company's commitment to advancing vaping technology [6] - The ARGUS series, featuring products like the ARGUS G3 and ARGUS Klyc, integrates the iCOSM 2.0 technology, providing users with consistent flavor and ease of use [7] Group 3: Upcoming Products - VOOPOO previewed upcoming products such as the ARGUS Matrix, which features a curved full screen and cyber-futuristic visuals, and the VMATE Pro 2, known for its extended battery life and smart interactive features [8] Group 4: Market Position - The recognition through professional media awards reaffirms VOOPOO's position as a global leader in vaping technology, pushing boundaries to deliver smarter and more immersive experiences [9]

Core Insights - Airis has launched its latest flagship product, the NEO P40000, which aims to redefine user experience in the vaping industry with advanced features and technology [1][2] Product Features - The NEO P40000 offers up to 40,000 puffs due to its high-capacity battery and efficient e-liquid storage, providing convenience for daily use and travel [2][6] - It incorporates a triple-core structure for enhanced flavor delivery, ensuring even heat conduction and faster vaporization for a more authentic taste [2][5] - A smart chip integrated into the device allows real-time monitoring of battery level, e-liquid remaining, and nicotine strength, enhancing user trust and efficiency [2][4] - The device features a five-level nicotine adjustment, allowing users to customize their vaping experience based on personal needs [3][4] - A high-precision puff monitoring system tracks usage frequency, aiding users in managing their intake and supporting smoking cessation goals [4][6] - The NEO P40000 includes a three-level airflow adjustment slider, enabling users to customize draw resistance according to their preferences [5][6] - It offers 20 custom flavors developed by Airis' flavor team, providing a diverse and enjoyable flavor experience [5][6] User Value and Feedback - The device is designed for various scenarios, including daily commuting, long-distance travel, and stress relief, making it versatile for users [6] - User feedback highlights the convenience of the device, consistent flavor delivery, and practical features like battery and e-liquid level displays [6] Brand Commitment and Future Outlook - Airis is committed to continuous innovation and improvement in user experience, focusing on safety and quality to lead in the smart vaping market [6][7] - The launch of the NEO P40000 marks a significant milestone for Airis as it aims to establish itself as a trusted leader in the global vaping industry [7]

Group 1 - CEA Industries Inc. will change its ticker symbol from "CEAD" to "VAPE" on the NASDAQ Capital Market, effective June 13, 2025 [1] - The new ticker symbol "VAPE" reflects the company's strategic focus on the growing vaping industry, particularly after acquiring Fat Panda, a leading Canadian vape retailer [2] - The change in ticker symbolizes the company's commitment to the regulated vape sector and aims to enhance visibility and positioning with investors and customers [3] Group 2 - CEA Industries is focused on building category-leading businesses in regulated consumer markets, particularly in the high-growth Canadian nicotine vape industry [4] - The company targets scalable operators with strong regulatory alignment and high-margin business models, providing capital and operational expertise to accelerate retail expansion [4]

Financial Data and Key Metrics Changes - For the third quarter of fiscal 2025, total revenue decreased to approximately $26,200,000, representing a decline of 12.7% or $3,800,000 compared to $30,000,000 in the same period last year [17] - Gross profit for Q3 was approximately $4,800,000, down from approximately $6,100,000 for the same period last year, with gross margins decreasing to 18.2% from 20.4% [19] - The net loss for Q3 was $10,900,000 or $0.19 per share, compared to a net loss of $5,900,000 or $0.11 per share for the same period last year [21] - As of March 31, 2025, cash and cash equivalents were $23,500,000, a reduction of $10,900,000 compared to the previous quarter [21] Business Line Data and Key Metrics Changes - Revenue from North America decreased by $3,600,000 or 28.9% to approximately $8,800,000, largely due to new tariffs on Chinese products and the transition of manufacturing to Malaysia [18] - European revenues slightly declined by $300,000 or 2.9% to approximately $13,200,000 [18] - Asia Pacific revenues decreased by $800,000 or 21.4% to approximately $3,000,000, primarily due to reduced demand in South Korea [18] Market Data and Key Metrics Changes - The company is experiencing a shift in market dynamics due to pending increases in tariffs on Chinese-made goods, impacting product pricing [9] - The black market for vaping products in the U.S. is estimated to be between $5.5 billion to $70 billion, significantly larger than the legal market [29] Company Strategy and Development Direction - The company aims to become a leading manufacturer of precision dosing technology for global nicotine companies, focusing on managing accounts receivable and enhancing financial stability [6][7] - The interim nicotine product manufacturing license secured in Malaysia is a key part of the global business strategy, allowing for expanded manufacturing capacity and reduced geopolitical risks [10] - The company is shifting its pricing strategy from landed pricing to FOB factory pricing to enhance flexibility and strengthen market position [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about converting consumers from black market products to compliant products with the new age gating technology [29] - The company anticipates that the benefits of its North American restructuring will begin to be realized in fiscal Q4 2025 [21] - Management is focused on driving a more profitable business model through Malaysian operations and high-quality customer engagement [16] Other Important Information - The company has filed a PMPA for its blockchain-based age gating system with the FDA, which is a necessary step towards regulation in the industry [11] - The Malaysian facility will feature 80 production lines, significantly expanding manufacturing capacity [10] Q&A Session Summary Question: What could the FDA's focus on port shopping mean for illicit vape supply in the U.S.? - Management believes the new technology will convert many consumers from gray or black market products to compliant products, with the black market estimated to be significantly larger than the legal market [29][30] Question: Are there specific countries in the EU market that the company is excited about? - Management indicated that the UK and EU's move to ban disposables will benefit the company, as it has a strong brand presence in pod systems [34] Question: How are customer reactions to new hardware devices in the U.S.? - Management highlighted the launch of the SPROUT and VOLT platforms, which are designed to set new safety and performance standards in the industry [41][44] Question: What alternatives do customers have regarding tariffs? - Management noted that most U.S. cannabis customers have agreed to switch to FOB factory pricing, which helps mitigate tariff risks [48]

Financial Data and Key Metrics Changes - For the third quarter of fiscal 2025, total revenue decreased to approximately $26,200,000, representing a decline of 12.7% or $3,800,000 compared to $30,000,000 in the same period last year [17][21] - Gross profit for Q3 was approximately $4,800,000, down from approximately $6,100,000 for the same period last year, with gross margins decreasing to 18.2% from 20.4% [19][21] - The net loss for Q3 was $10,900,000 or $0.19 per share, compared to a net loss of $5,900,000 or $0.11 per share for the same period last year [21] Business Line Data and Key Metrics Changes - Revenue from North America decreased by $3,600,000 or 28.9% to approximately $8,800,000, largely due to new tariffs on Chinese products and the transition of manufacturing to Malaysia [18] - European revenues slightly declined by $300,000 or 2.9% to approximately $13,200,000 [18] - Asia Pacific revenues decreased by $800,000 or 21.4% to approximately $3,000,000, primarily due to reduced demand in South Korea [18] Market Data and Key Metrics Changes - The company reported a focus on higher quality customers, which has impacted revenue but is expected to improve accounts receivable collection [19] - The pending increase in tariffs on Chinese-made goods has affected product pricing dynamics, but the company anticipates less impact due to manufacturing in Malaysia [8][18] Company Strategy and Development Direction - The company aims to become a leading manufacturer of precision dosing technology for global nicotine companies, with significant progress made in securing manufacturing licenses and optimizing pricing strategies [6][10] - The interim nicotine product manufacturing license in Malaysia is a key part of the global business strategy, allowing the company to market its capabilities externally [9][10] - The company is transitioning to FOB factory pricing to enhance flexibility and strengthen market position [8][23] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about converting consumers from the black market to compliant products with the approval of new technology [28] - The company is focused on innovation, regulatory compliance, and financial stability to capitalize on market opportunities [24] - Management acknowledged the challenges posed by tariffs but highlighted successful renegotiations with customers to mitigate risks [47] Other Important Information - The company has launched new products, including the Sprout device for cannabis and the Vault platform for vaping, aimed at setting new industry standards [13][40] - The Malaysian facility is expected to feature 80 production lines, significantly expanding manufacturing capacity [10][34] Q&A Session Summary Question: Impact of FDA regulations on illicit vape supply in the U.S. - Management believes the new technology will convert consumers from the black market to compliant products, with estimates suggesting the black market could be worth between $5.5 billion to $70 billion [28] Question: EU disposable vape bans and supply constraints - Management is optimistic about benefiting from the EU's shift away from disposable products and does not foresee supply chain constraints due to the new manufacturing capabilities in Malaysia [32][33] Question: Customer reactions to new hardware devices and tariff alternatives - Management reported positive reactions to the new Sprout and Vault products, emphasizing their focus on safety and performance [40][43] - The company has successfully renegotiated contracts to FOB factory pricing to help customers manage tariff impacts [47]

Core Viewpoint - Ispire Technology Inc. will host an earnings conference call on May 12, 2025, to discuss its financial results for the fiscal third quarter ended March 31, 2025 [1]. Company Overview - Ispire Technology Inc. is involved in the research, development, design, commercialization, sales, marketing, and distribution of branded e-cigarettes and cannabis vaping products [3]. - The company holds or licenses over 200 patents globally [3]. - Ispire's tobacco products are marketed under the Aspire brand and are sold worldwide, excluding the U.S., People's Republic of China, and Russia [3]. - The cannabis products are marketed under the Ispire brand primarily on an ODM basis to other cannabis vapor companies, with sales of cannabis vaping hardware limited to the U.S. and recent marketing activities initiated in Canada and Europe [3]. Conference Call Details - The earnings conference call is scheduled for May 12, 2025, at 8:00 AM ET [5]. - Participants can join the call by dialing North America 888-880-3330 or International +1 646-357-8766 [5]. - A playback of the call will be available until May 15, 2025, at midnight ET [2].