Vape Holdings’ New CEO Refocuses on Vaporizer Products


VAPE Holdings Inc. ( ), a provider of healthy, efficient, and sustainable vaporization products, recently announced the appointment of Justin Braune as Chief Executive Officer. With broad experience across many different industries, Mr. Braune brings deep experience across the entire supply chain, from product development and manufacturing to sales, marketing, and distribution within the burgeoning cannabis industry.

“My plan for the future of VAPE is to realign its business focus to that of its ticker and namesake – namely refocusing on vaporization products, e-cigarettes, e-liquids, and other consumer-focused products lines,” said Mr. Braune in the press release announcing his appointment. “In deciding to re-focus the core business of VAPE on these products, we recognize that past overtures into real estate development and management consulting in the cannabis industry is not an area of business that is in the best interest of shareholders.”

The move back into the vaporizer space comes at a time when the industry is showing signs of rapid growth. According to BIS Research, the global e-cigarette market is expected to grow to over $50 billion by 2025, representing a 22.36% CAGR between 2015 and 2025. The ongoing…

Source link

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *