The token of trust that will skyrocket the cannabis industry Now is the time for the cannabis industry. States like Colorado and California have been tremendous early adopters to highlight the good and bad of legalized marijuana. Currently, the greatest challenges facing the businesses in legalized states are banking, profitability, and safety. This bill solves…
You might feel like you’re on the path to fame with each new follower, but did you know that chasing those numbers can have hidden downsides? While it’s fun to watch your follower count grow, it’s important to consider what you might be sacrificing—your health, finances, and peace of mind. It’s easy to get caught…
Token of Trust Inc, a software leader that helps regulated eCommerce businesses comply with the law, today announced an integration partnership with Big D Vapor, a rapidly growing and innovative online vape retailer to automate their excise tax calculation, collection, and PACT Act Reporting through their Shopify Plus based website. Token of Trust Inc, a…
By now, manufacturers, distributors, wholesalers, and retailers of vaporizer products containing nicotine are aware of the PACT Act and its implications on their business. But many companies focusing on non-nicotine vaporizer products have varying awareness and opinions on if and how it applies to them. This article intends to answer the question. What is the…
Managing excise taxes has become a significant challenge for many companies, particularly in the vaping industry. These taxes can substantially impact pricing and profits, making it essential for businesses to navigate them effectively. Learning how vape companies are successfully adapting to these changes provides valuable insights for all businesses facing similar challenges. So, how is…
The step by step plan to grow your e-commerce vape business sustainably and profitably. The most common questions we receive on a daily basis: “Who should I use to ship my products?” “Who can guide me to get registered and licensed into a state?” Once I’m registered, how can I market my brand?” “Who can…
California’s Electronic Cigarette Excise Tax (CECET) has dramatically reshaped how vape products are sold across the state. It impacts pricing, influences consumer behavior, and affects the broader vaping industry, marking a pivotal moment for both retailers and users. Since its implementation, businesses must collect a 12.5% excise tax on the retail price of e-cigarettes and…
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