Zyns, Vapes and the Very Weird Market for New Nicotine Products
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 29 July 2024
⏱️ 62 minutes
🧾️ Download transcript
Summary
Vapes like Elf bars seem to be everywhere now. Meanwhile, Zyn nicotine pouches have become a huge seller for Philip Morris and are in such demand that it's sometimes hard to find them in stores. So where are all these new nicotine products coming from? What's the regulatory approval process for these? And what is it like to launch a new nicotine product right now? In this episode, we speak with John Coogan, the former co-founder of dietary supplement Soylent and most recently the co-founder of Lucy Goods, which makes nicotine gum. We talk about the booming market for Zyn and other nicotine products, plus the byzantine ways in which some of these companies are structured. We also talk about the death of Juul and how we seem to have ended up with a very strange gray market for vapes.
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| 1:01.0 | Podcasts, Radio News. Studios. Hello and I'm Tracy Allaway. |
| 1:23.7 | I'm Joe Wisenthall and I'm Tracy Allaway. Tracy have you tried a zin yet? |
| 1:26.0 | No I've resisted. |
| 1:29.0 | Multiple people including you have offered me zins before and I have so far resisted the |
| 1:36.2 | temptation but I don't know how long I'm going to be able to hold out. For those |
| 1:41.2 | who don't I guess there are some there might be some people who don't know what a |
| 1:44.3 | zinn is actually it occurs to me it's a little pouch that people put under their |
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