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The Indicator from Planet Money
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Inside the illegal vape boom

9 min•2 september 2025

A booming underground vape market is thriving. It’s unapproved, unregulated, and risky. Today on the show, we hear from The Atlantic’s Nick Florko to dig into why illegal vapes have flooded the U.S., and what’s at stake.

Related episodes: 
The vapes of wrath 
How sports gambling blew up 

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