Vape Holdings Provides Business Update
CHATSWORTH, Calif., Nov. 20, 2014 /PRNewswire/ — Vape Holdings, Inc. (VAPE) (the “Company” or “VAPE”), a holding company focused on providing healthy, efficient, and sustainable vaporization products, is pleased to introduce ‘HIVE Supply’, a packaging and sourcing division of VAPE designed to serve as a competitively priced, comprehensive “one-stop shop” for all medical and recreational marijuana packaging necessities. HIVE Supply will operate in compliance with all federal laws and the laws of each individual state, beginning with California and expanding quickly to obtain significant market share in Colorado, Washington and Oregon as well.
As states begin to compete for industry-based tourism in anticipation of drastic changes in market appearance and increased importance in distinctive branding, HIVE Supply’s business plan focuses on providing much-needed support to legal cannabis businesses in regards to sourcing consumer products, brand management and marketing services.
The infrastructure of HIVE Supply is currently being built-out, with the website www.hivesupply.com and a physical catalogue available in early 2015 as a “soft launch.” VAPE anticipates full-scale market positioning by July 2015.
In connection with the launch of HIVE Supply, the Company has secured a new space to serve as its corporate headquarters and the main fulfillment center for all HIVE brand products. In addition to HIVE Supply, the new corporate headquarters affords VAPE the ability to open its doors as ‘THE HIVE’ retail store and gallery; the perfect end-user experience to showcase the complete line of HIVE Ceramics and HIVE Glass products, while introducing HIVE Supply and all the new products being tested and developed through each vertical. VAPE plans to host a grand opening event for ‘THE HIVE’ retail store and gallery in early 2015.
The Company is also pleased to announce the addition of Creative Marketing Director Nick Jackson. Mr. Jackson has over 15 years of experience in licensing, branding and marketing predominantly in the apparel and entertainment industries, and presents tremendous crossover potential for VAPE and its business units. “Historically, in the apparel and entertainment industries, the most successful companies have been those who have been able to distinguish themselves as iconic brands,” said Mr. Jackson. “With respect to branding, this industry is still very much in its infancy, and there is vast potential at this moment in time for companies to lay the foundations through effective branding and marketing that will enable them to become household names in the years to come. There are also numerous opportunities to explore organic cross-marketing opportunities with the worlds of apparel, entertainment, sport and art which will allow VAPE to increase its brand awareness and exposure to important diverse demographics of consumers.”
“From the start, the team here at VAPE has remained focused on supplying innovative and necessity driven products and services to the legal cannabis space; HIVE Supply is no different. This business directly tends to the current packaging needs of both the Los Angeles and Bay Area markets, and will serve as the model for us moving forward into other states,” stated Kyle Tracey, CEO of Vape Holdings. “The experience and relationships our new Creative Director, Nick Jackson, brings to the table really round out HIVE Supply as a full service branding agency. Nick has already opened the door to a few exciting collaborative projects for HIVE and VAPE, and we couldn’t be more excited to get started on them.”
About Vape Holdings, Inc.
Vape Holdings, Inc. focuses on designing, marketing, and distributing various vaporization products. The company offers medical and food grade ceramic products primarily under the HIVE Ceramics brand throughout North America, Europe and South America. HIVE offers a nonporous, non-corrosive, chemically inert ceramic vaporization element, which can be used for a range of applications, including stand-alone vaporization products and electronic cigarettes. The company is based in Chatsworth, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit:https://www.hiveceramics.com
Cautionary Language Concerning Forward-Looking Statements
This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Vape Holdings’ products, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in Vape Holdings’ filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Vape Holdings please refer to the Company’s Securities and Exchange Commission filings, which are available atwww.sec.gov. Vape Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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