Ispire Technology Inc. $(ISPR)$, a leader in vaping technology and precision dosing, has announced the approval of an interim license from the Malaysian Government for the manufacturing of nicotine products. This marks the first and only nicotine manufacturing license in Malaysia sanctioned by both Federal and State authorities. With this approval, Ispire is authorized to commence immediate production, marketing, and export of nicotine products from its Malaysian facility. The company plans to expand its production lines from six to 80, enhancing its manufacturing capabilities. Ispire anticipates the approval of a final license in the coming months, solidifying its regulatory standing in Malaysia.
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