laundering. the department of justice did a memorandum that we talked about. of course doug brings the document from the justice department. so is there guideness in here for business owners? no, that s the point. they say we re going to focus on prosecuting marijuana involving minors, marijuana involving firearms, involving moving into a state where it s illegal, but they say nothing about banking. right, exactly. well, there s also a number of people out there saying, hey, you want to get involved in this? it s a business opportunity, so give us your money and we ll make you part of the business. this is also their growing scams. what have you seen out there that you want to warn people about? not surprising people are trying to either through stocks or through investment opportunities commit these type of scams, promising certain returns, especially with regard to penny stocks. you see companies that are establishing themselves immediately, claiming to be vending machine c
it s lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. it s going to be amazing. and exciting. and maybe, most remarkably, not that far away. we re going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. new government regulation, obamacare forcing vending machine companies to post calorie counts of each treat. it could cost $25 billion for the first year. put vendors out of business. the president of quick snack vending. he joins us. good evening, butch.
brooke, snack time will soon be calorie counting time after new fda regulations go into effect early next year as part of obamacare. the new rules allow more information for you. more than 10,000 vending machine companies nationwide who operate 20 or more machines will have to displace this, the calorie counts. similar to what you see in menus in restaurant. it wul be on vending machines now. customers will see the calories next to their snack choice. typical options include lays potato chips. 240 calories. skittles, 250. snickers 250. you ll see it right there. the fda hopes this will help consumers go for alternatives. bakes lays, 210 calories. fig newtons, 190 calories, but they have fruit. honey roasted peanuts, 160 calories, but they re high in prote protein. the program is expensive. they estimate $25.8 million initially, $24 million a year after that. complying with the law will be
smaller companies to absorb. it equates to cutting down on jobs and other things. reporter: the fda estimates it will cost $28.5 million up front and $24 million a year after that. that is how much the health care system could save the fda says if just .02% of obese adults ate 100 fewer calories a week. on the upside saving 100 calories a day can help lose 10 pounds a year. reporter: there s a wide range of options from a bag of chips with $100 to a pack of calories that total 650 calories. many restaurant chains now post calorie information all thoel early research shows most customers don t pay attention. but because some people will find this useful, there s no downside to using this kind of information. reporter: once the fda releases the new rules early next year, vending machine companies will have a year to
distributors $25 million to implement in its first year. the president and ceo of the dover group, a company that operates more than 1600 vending machines in the new york metro area is here. good morning to you. good morning. how are you? fantastic. you ve been doing this for 25 years. have you ever experienced a regulation that would have this much of an impact. one came in that said choose sensibly. they felt like they should have a height of calories and sodium and should be transfat free and we put that into effect right away in our machines. you say with this regulation, it s going to cost your company alone a million dollars. are you going to be able to make that work? there is no return on that money either. just a simple readout will tell you what each individual has as far as calories go. and to me, it shouldn t be on us at the vending machine companies. it should be if you have m and m mars, coca-cola, some of the biggest companies in the