They have become very popular for smoking – especially marijuana, but are vapes in danger now?
Is your vape in danger? It has become an increasingly popular method of consuming cannabis along with e-cigrettes. It has become a popular alternative to traditional smoking. E-cigarette technology has been adapted for marijuana use, allowing users to vaporize cannabis concentrates or flower without combustion.This trend has led to a shift in consumer demand, with some marijuana dispensaries reporting that roughly 50% of their business now comes from concentrates and extracts, many of which are packaged in cartridges for use in vape pens. But now, the new tariff policies have far-reaching consequences, including potential impacts on the vaping industry.
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Fast forward to 2025, and the current administration’s tariff strategy has significantly expanded. It is implementing a 25% tax on imports from Canada and Mexico. These actions have sparked retaliatory measures from trading partners, raising concerns about inflation and the potential for a severe trade war.
The economic impact of these tariffs has been substantial. Estimates suggest 25% tariffs on Canada and Mexico could reduce long-run GDP by 0.2% and eliminate 223,000 full-time equivalent jobs The combined effect of tariffs on Mexico, China, and Canada is expected to increase federal tax revenue by $142 billion in 2025, translating to an average tax increase of $1,072 per U.S. household.
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For the vaping industry, which relies heavily on Chinese-made devices, these tariffs pose a significant challenge. Small business owners who sell e-cigarettes or are a mom and pop marijuana dispensary face the prospect of increased costs and potential shop closures. Customers mentally have a limit on products. The lack of alternative manufacturing sources for vaping products makes the industry particularly vulnerable to these trade policies.