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Sidestream smoke, however, is much more concentrated

"We are excited about the transaction and look forward to the next phase of Logic's development with the JT Group," said Howard Panes, Logic's co-founder

At the same time, concentrations of nicotine in these products are climbing: a 2023 study of trends in nicotine strength among e-cigarette products found that the average concentration of nicotine in e-cigarettes has increased from 2.5% to 4.4% between 2017 and 2022

The Wisconsin Policy Forum report attributes the decline to a number of factors ranging from tax increases and changes in federal, state and local policies to public health messaging to growing use of substitute products