New Tax Implemented on Vaping Products

Why it matters locally: Minnesota consumers and retailers of vaping products will see increased prices as a new national tax goes into effect, impacting a market that includes both independent shops and larger retail chains across the state.

A new tax on vaping products has gone into effect. Vaping products will become more expensive due to this new tax. Retailers currently absorb the costs associated with the new tax. Experts predict that prices for consumers will increase as retailers adjust to the new levies.