Showing posts with label cvs. Show all posts
Showing posts with label cvs. Show all posts

Wednesday, February 5, 2014

CVS Dumps Smokes -- E-Cigs on the Horizon?

CVS has announced it will stop selling tobacco products this October, leading many to wonder if it could be a precursor to a shift to electronic cigarettes.


“We wouldn’t speculate on how the FDA will decide about this product. We will evaluate once their decision is made.”

-CVS Spokesman Michael DiAngelis


For now, the jury is out. While CVS has clearly stated they will halt the sale of tobacco in their stores, they’re taking a cautious stance when it comes to e-cigarettes, which are not currently carried in CVS stores.


CVS currently takes in as much as $2 billion annually in cigarette sales, according to estimates.


President Obama, himself a former smoker, called the move by CVS a “powerful example.”


CVS Move to Ditch Tobacco Shifts Focus to E-Cigs | TIME.com.



CVS Dumps Smokes -- E-Cigs on the Horizon?