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We knew this would happen; it was inevitable, and this means victory and profit for some, and trouble for others.
THIS is the notable increase in mergers and investing into vaping companies.
Weeks - Investments - Investors - Acquisitions
In the past few weeks there have been a few investments from deep-pocked investors and outright acquisitions. Here I will address the most noteworthy.
For those looking to open a vape shop, grow it, scale it, then sell off for a bundle, Avail Vapor is the model to follow. As the largest retail chain in the US with over 100 corporate locations (not franchises), owners Donovan Phillips and Cole Smith have done it right. Since 2013 they have grown and now cover 12 states throughout most of the East Coast.
Years - Products - E-liquids - Nemesis - Tobacco
Over the years they have expanded into other products, including e-liquids, and have sold out to what some would consider their nemesis: Big Tobacco.
This was not a total sale, but was a “significant investment” by tobacco giant, Altria, makers of Phillip Morris products Marlboro and Mark Ten e-cigarette. In the past few years the collective lightbulbs have gone on and Big Tobacco has been making moves towards expansion into e-cigarettes, and now, into retail shops.
Shops - Vape - Shop - Outlet - Heat
Some speculate that the shops will be a retail vape shop outlet for the surging “heat not burn” market, let by the leading product call IQOS. This product has rolled out internationally in a few other nations, but coming to America. It is one of the first products in line for premarket tobacco application (PMTA), which the FDA requires for new products on the market.
If there is a model to watch with scrutiny and indicating the direction of the vaping and e-cig market, this is it.
Nerudia - Liverpool - UK - Compliance - Agency
Nerudia is a Liverpool, UK based regulatory and compliance agency, and manufacturer and has been a leader in helping tobacco and related companies...
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