The e-cigarette industry is worth about 2 billion dollars in the United States alone, where these types of cigarettes are legal. The Canadian government however has deemed this substance as illegal, but that doesn’t stop people from buying and selling this product in the black market.
Essentially the product is a cigarette-shaped electronic device that converts liquid nicotine into water vapour, delivering a smoke-like hit of nicotine, without the actual smoke. This cigarettes are available in a variety of “e-liquid” flavour cartridges — from banana cream and Earl Grey tea to an ersatz version of du Maurier cigarettes — and their preferred strength of nicotine. But without all the dangerous cocktail of 4,000 chemicals, such as carbon monoxide and arsenic, found in real cigarettes. So they are better for the smoker (99% better for you than the standard cigarette) and the people around you, and besides they are much cheaper than real cigarettes. That’s not all this new cigarette does not yellow teeth, give off a bad smell or ruin your hair and nails.
Even though Health Canada prohibits the sale of these new (and better) cigarettes the at the moment I believe in the future the market for these e-cigarettes is going to be very successful. Experts predict that the sales of this product might even surpass the sales of a regular cigarette.
Read more about this new fad down below:
Watch famous actress Katherine Heigl introduce this new product on a talk show:
By now almost everyone has heard of Snapchat. You may not personally have the app but your friends have it and are trying to get you to try it. The company’s consumer base continues to grow everyday, it’s already very popular with the young adults, but older customers are also trying out this new app. However Snapchat has no reported revenues to date but it has received about 94 million dollars in funding already. And about 350 million snaps are being shared per day and that number continues to increase. Facebook who is losing it’s teenager consumer base has offered to buy out or get rid of this upcoming company. They’ve tried to imitate the app by making something similar called the Facebook Poke but that was ridiculed for copying Snapchat and ultimately not successful, since Snapchat was first in the market for providing this service. Then Facebook tried to buy the company for more than 1 billion dollars but it was quickly turned down by Spiegel the CEO of Snapchat. And now recently it has offered to buy the company, that produces no revenue, for 3 billion dollars! Again the proposal was rejected. Snapchat is not interested in being bought out just yet, the founders are waiting till next year since they believe that their company will grow and therefore be more valuable later on.
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