From Forbes Magazine (link and excerpt below), the National Association of Attorneys General went on the offensive yesterday in their campaign to regulate electronic cigarettes under the existing framework of the Tobacco Control Act. It’s no surprise as state coffers are missing out on huge tax revenue generated from the rapidly expanding vaping market.

Holy End Run! Attorneys General Urge Action As E-Cigarettes Gain Market Share

At an estimated $1.7 billion and growing, the e-cigarette market operates free of the financial penalties and marketing restrictions the attorneys general negotiated in the 1998 Master Settlement Agreement with tobacco companies. That agreement, which pumps about $6 billion a year into state treasuries (and hundreds of millions of dollars more into the bank accounts of the politically connected private attorneys who helped negotiate it), covers conventional tobacco cigarettes, not e-cigs that deliver pure nicotine by heating it with a battery-powered device.