on Charlie's Holdings, Inc. (NASDAQ:CHUC)
Charlie's Holdings and IKE Tech Launch Age-Gated Vape System
Charlie's Holdings, Inc. has signed an agreement with IKE Tech to roll out an AI-driven, blockchain-based age-gating system designed to prevent underage use of vape products. This agreement grants Charlie's a three-year exclusivity in the U.S. for such nicotine products. The initiative aims to address FDA concerns over youth access to nicotine.
The technology, aimed at the SBX product line, uses biometric Bluetooth chips for continuous age verification. A human factors study showed a 100% success rate in age verification, with no activation by underage users.
This partnership comes amid strict regulations against flavored vapor products, which many adults prefer over traditional cigarettes. Charlie's move might set a precedent for regulatory compliance and public health protection, ensuring adult-only access while growing market opportunities.
R. P.
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