Multi-Channel Supplier of High-End Electronic Cigarette & Vaporizer Products
Consumer, Food & Retail
The business is a commercial designer, engineer, and multi-channel supplier of premium electronic cigarette and vaporizer products. The business is a B2B and B2C supplier, offering products through various channels at retail and wholesale value.
· YE 2020 revenue of over $20.3 million
· Globally recognized brands
· Highly scalable business is considered an expert in the e-cigarette, vapor, and cannabis industries proven by its distinguished reputation among industry peers, customers, and manufacturers
· Extremely versatile product designs that allow agility to adapt products to market trend and regulation changes specific to vapor and cannabis product distribution
· Award winning customer service with extensive staff knowledge in brand development and brand awareness
· Industry leading marketing and operational strategies in place including multi-channel distribution
· All products in portfolio are filed as PMTAs as of Q2 2021 and published in the FDA product filing report
· Company owned trademarks and patents
· Robust ERP system in place
· Capitalize on penetration of convenience store distributor market as new target customers
· Expand product offerings and increase revenue by focusing on the development of additional products in the cannabis industry
· Bring on additional sales talent and add field teams nationwide
· Invest in internal personnel dedicated to brand management, SEO, and BD in the cannabis market
· Offer contract terms to additional wholesale customers
· Phoenix, Arizona
· The business is both a direct-to-consumer online retailer and a wholesale supplier, offering products through a variety of channels including e-commerce and third-party distributors and retailers. The business serves the nicotine vapor and cannabis industries globally.
· The business operates from a 12,000 square-foot facility leased from an unrelated third party in Phoenix, Arizona. The facility includes a 7,000 square-foot office space and a 5,000 square-foot warehouse. The lease is assumable by new ownership.