Market Chatter: Shopify to Ban Vape Sales on Platform Amid US Regulatory Pressure

MT Newswires Live06-23 17:35

Shopify (SHOP) plans to prohibit vape sales on its e-commerce platform as soon as this week following pressure from a bipartisan group of US state attorneys general seeking to curb illegal e-cigarette sales, Reuters reported Tuesday, citing people familiar with the matter.

The planned policy would apply to all vape products in the US, including those authorized by the US Food and Drug Administration, according to the report.

Shopify did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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