The Company is a product manufacturer specializing in next generation vape pen hardware with patented technology that increases efficiency and improved bioavailability of oil compounds through reduced vapor particle size.
Key Aspects:
• Proprietary, patent pending, quartz atomizer technology and exclusive rights to patented atomizer technology, well positions the Company in the business-to-business (B2B) vape hardware market.
• The Company provides best-in-class operators with quality hardware to manufacture retail ready vapes.
• The Company stands out with its American manufactured products, ensuring exceptional quality control, ensuring end user customer satisfaction and retention.
• Ancillary, non-plant-touching businesses are not subject to the same regulations as cannabis producers and, as such, are not regulated by federal laws.
• Trade show attendance, marketing efforts, and business development strategy have generated substantial growth since the company has been operational.
Current Markets:
• The company drives revenue through factory direct B2B sales with regulated cannabis operators in the United States, Canada, and the growing global market.
Shareholder Objectives:
• The company is fully owned by two shareholders who feel that a buyer can capitalize on the opportunities the company is presenting and the growth in the industry.
• One owner is open to staying with the Company after the transaction period, depending on deal structure and terms.
• One shareholder is not active in the operations of the Company and would like to fully exit from the Company post-transaction to pursue unrelated opportunities.
Real Estate:
• The Company operates out of an 8,000-square-foot facility, zoned for light manufacturing, leased from an unrelated third party.
Headquartered:
• Western US