By Alex & Elric Langton | 12 September 2023
To curb the escalating concerns regarding the environmental and health impacts of single-use “disposable” vaping devices, the Local Government Association (LGA) recently issued a rallying cry for an outright ban on producing and selling such products - because bans always work!
This news has not gone down well with Supreme (AIM SUP) or Chill Brands (AIM: CHIL); it is the former we concern ourselves with because it was a featured Company by my father earlier this year. Steered by a range of disturbing factors, including the attraction of these bright-coloured fruit-flavoured vapes marketed to a young teenage market, are not the most responsibly minded individuals when it comes to disposing of them after their use, have unwittingly created a problem for themselves and the public. Their fire hazard potential and the escalating issue of littering become a problem. Nonetheless, it provokes a pertinent question: Would a total ban be the optimum solution, or could it inadvertently do more harm than good, and how could a ban impact Surpeme?