Update: We're fighting to stay alive.
We'd like to update all of you on the status of 120ml.co. Many of you have reached out with questions regarding re-stocks, whether we plan on staying open, etc.
For those of you who don't know what is going on, our struggle began in September when a proposed eJuice flavor ban shook our industry and company. We felt that the flavor ban was a realistic solution to curb youth appeal to electronic cigarettes. We began liquidating in order to limit our risk.
As time passed, we realized the flavor ban was no longer something to worry about and began placing order with our suppliers to re-stock everyones favorite flavors and items.
Many suppliers did not have any stock remaining. The flavor ban scared a lot of business owners in our large but tight-nit industry. Many of our best selling suppliers could not fill our demand and refused to ship us product until more news was released.
Fast forward to January 1st. Beginning January 1st, the State of Nevada enacted SB 81 which requires all Nevada-based OTP (other tobacco product) retailers, wholesalers, or manufacturers to obtain a license. This also includes a 30% wholesale tax, As a retailer, we cannot purchase from a wholesaler or manufacturer unless they are licensed in the state of Nevada. At the moment, no supplier/manufacture that we trust and do business with has a Nevada OTP license. This means, theoretically, that we cannot order more product to sell.
This is a huge issue and we're working hard each and every day to recover from all of the listed dilemmas.
Please bear with us while we rebuild and find a solution to this mess. We're not going down without a fight.
Thank you to all of you who continue to order what little inventory we have left at the moment. If you'd like to support 120ml.co and help us continue to stay alive, please visit our site and try something new! Even if your favorite is out of stock for the mean time.
To be transparent, our sales are down nearly 80%. If you'd like to support in other ways, you can do so by using the Paypal link below. Any amount is appreciated and will help keep us afloat!
The 120ml.co Family