British American Tobacco (BTI) Plans Disposable Vape in U.S. Amid Rising Demand

British American Tobacco Plc (NYSE:BTI) ranks among the best sin stocks to buy right now. On August 21, British American Tobacco Plc (NYSE:BTI) announced plans to offer its first disposable vape in the United States. Although the product, known as Vuse One, has yet to be approved by the FDA, it could soon hit the market.

The tobacco company’s shift comes after years of lobbying lawmakers and mounting legal lawsuits to prohibit unlicensed disposable vapes, which claim that they pose a harm to users. Now, the demand for these products, which are often heavy in nicotine and have appealing flavors, has shot up, forcing BAT and competitors to reconsider.

The company’s U.S. spokesperson, Luis Pinto, emphasized that, instead of relying on FDA clearance, British American Tobacco Plc (NYSE:BTI) intends to use internal compliance procedures, including age verification and limited distribution.

British American Tobacco Plc (NYSE:BTI) is a British consumer goods company that manufactures and distributes tobacco and nicotine products, including regular cigarettes, heated tobacco, and oral nicotine pouches.

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Disclosure: None. This article is originally published at Insider Monkey.