The answer is more complicated than that. As of yet, electronic cigarettes have not been approved by the FDA as a smoking cessation method.
However, there are countless success stories of smokers that switch to electronic cigarettes and have positive results. I’ve many many people who swear by them, who tell me their stories of throwing away their unsmoked packs of cigarettes.
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Additional V2 FAQS can be found here: http://www.ecigadvanced.com/faqs/category/v2-cigs/