Almost £20m wiped off value of disposable vapes seller as ban considered

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Almost £20m wiped off value of disposable vapes seller as ban considered
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Supreme sells its products in the likes of B&M, Poundland, Home Bargains and The Range

Almost £20m has been wiped off the value of a Manchester company that is one of the largest distributors of disposable vapes as the Government considers a ban to help protect children.

Following the sharp fall in its share price, Supreme issued a statement to the London Stock Exchange defending its business."Supreme's overarching strategy has always been to support a tobacco-free UK by offering both credible and safer alternatives for nicotine consumption and to-date, Supreme's own brand, 88Vape, with approximately 1.3 million regular users, has played a significant role in assisting people in quitting smoking.

"At this stage, it is important to clarify that no new legislation will be implemented before the formal government consultation takes place.

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