Alibaba to Halt Sales of E-Cigarette Components in the USA | Financial Buzz

Alibaba to Halt Sales of E-Cigarette Components in the USA

Alibaba Group Holding Limited (NYSE: BABA) announced that it will halt the sale of e-cigarette components in the U.S. as growing scrutiny by press and government officials have increased.  This derived from reports of deaths linked to vaping as well as lung disease.  Earlier this week, Walgreens Boots Alliance Inc. (NASDAQ: WBA) and Kroger Co. (NYSE: KR) announced the halt of e-cigarette sales in stores, including Walmart Inc. (NYSE: WMT)

According to the U.S. Centers for Disease Control and Prevention, several deaths have been linked to enigmatic lung issues, including numerous cases regarding lung pain that have past 1,000.  Vape pens, herbal vapors, empty pod cartridges, box mod listings, etc. have been removed from Alibaba’s marketplace and cannot be viewed by residents in the U.S. 

Although there are numerous brands that sell e-cigarettes, components, oils, etc, there is no clear culprit regarding the lung issues and deaths of users.  However, Dank Vapes was linked to 24 patients with lung pain, according to research by the New England Journal of Medicine. 

Before the suspension, consumers could purchase the devices with no issue, that includes packaging and components from mobile sites that may sell their own version of the vaping devices.  Although, Inc. (NASDAQ: AMZN) took down vape related products in September, it did not disclose what products were removed.