Vaping giant collapses into administration with all jobs axed
Summary
JM Wholesale, which described itself as the UK's largest vape and smoking supplier, has collapsed into administration, and all 19 employees have been made redundant. Administrators cited increased government regulations, particularly the ban on single-use vapes and potential expansions of smoking bans to outdoor spaces like hospital grounds and school playgrounds, as contributing factors to the company's insolvency. The company stocked popular brands such as Elf Bar, SKE Crystal, and Lost Mary. Administrators are focused on supporting affected employees and maximizing value for creditors. The Labour Party government is pursuing stricter regulations on vaping and smoking to protect children and vulnerable individuals, including extending smoke-free areas and banning vaping in workplaces and vehicles carrying minors.
(Source:Birmingham Live)