As the vapor industry grows, some vape companies are making increasingly sophisticated products as they adopt business models reminiscent of the tech giants of the world. Why the change? As CNBC reports, they’re looking to grow sales and what better way than to mimic the best and biggest tech companies out there?
How big is the market exactly? One estimate made by the Winston-Salem Journal put last year’s vape sales at potentially $2.5 billion. And this doesn’t even include e-cigs.
According to Dr. Dabber president Pantelis Ataliotis, one of the reasons why the vapes are getting more advanced is due to the increase in competition from manufacturers, both established and startup. Ataliotis was quoted by CNBC as having said that it is simply “getting tougher to stand out in the crowd” with anything shy of a premium vape. No longer will a standard cut it, not with all of the competition that has flooded the lucrative market once filled with low-cost products that are increasingly being replaced by high-end products that do more and not surprisingly – cost more.
“I think the reason you’re seeing more premium vaporizers on the market is because it’s getting more competitive. It’s getting tougher to stand out in the crowd…”
Then you take KandyPens and its founder and CEO Graham Gibson for example. The company has used aggressive marketing that has landed them full-page advertisements in such publications as Rolling Stone. And then there are their various endorsements from celebrities and the like. So it is perhaps no surprise that their sales last year, according to Gibson, reached a whopping $6.5 million.
What do you think of the increasingly sophisticated vaporizers we’re seeing hit the market each year, is all of the competition that’s driving it a good thing? We sure think so- but we want to know what you think. Chime in with your own thoughts in the comments section below.
In a move which could save as many as 1,500 jobs, full-time jobs at that, Pennsylvania’s House Finance Committee voted in favor (19-4) of repealing a hefty retroactively imposed tax that was so high, it was almost sure to cost jobs.
Fox43 reported the vote to have been 19-4 while ABC27 contradicted these figures as they reported that the vote was 18-4.
The tax that they repealed, assuming the new legislation gets signed off on by Governor Tom Wolf, was a 40% retroactive tax on the inventory of all vape shops across the state, effectively levying a massive tax on the inventories of Pennsylvania vape stores to be burdened by their owners. However, the House Finance Committee passed legislation HB 2342, effectively replacing the 40% tax with an alternative tax in which the state’s vape shops are taxed just $0.05 per milliliter of e-Liquid.
Senior policy analyst Bob Dick with the Commonwealth Foundation was quoted by Fox43 as having said that the 40% tax that HB 2342 replaced “unfairly targeted one industry (vapor) to the point of near extinction.”
“This tax unfairly targeted one industry to the point of near extinction. We’ve already seen approximately 50 vape shops close their doors because of this tax, and more will follow unless it is repealed.”
He added that he believes it to be “unconscionable” for Harrisburg to jeopardize local businesses and the jobs they provide to their communities for the sake of $13 million in revenue created by the tax when companies worth billions such as Netflix and Amazon (he noted the two specifically) are receiving millions in subsidies from the state.
The new legislation that the House voted in favor of was authored by Republican Representative Jeff C. Wheeland of Lycoming who said in a statement that his legislation “would still generate tax revenue” but not that the expense of jobs and businesses, ABC27 reported.
“My legislation is modeled after laws implemented in Louisiana and North Carolina. It would still generate tax revenue but not cause these small businesses to close, resulting in a loss of jobs.”
What do you think of the 40% vape store tax? A bit hefty? And what of Wheeland’s bill that aims to replace the tax with something a bit more reasonable – good idea or bad idea? Share your thoughts in the comments section below.
A tax on all vapor products in New York? If Governor Andrew Cuomo has his way, that’s exactly what New Yorkers will be faced with and according to some accounts, it could have a negative impact on some local businesses.
Dewey Avenue Smoke Shop owner Leonard Stebbins was quoted by WHEC as having said in regards to Cuomo’s proposed e-liquid tax, “If the tax becomes very excessive we’re going to lose customers to the internet and to other states,” but still others see it as good news for the state’s human inhabitants. Take URMC Associate Professor in Public Health Science Scott McIntosh for example. According to McIntosh, what Cuomo has proposed “is good news for public health” as vaping is not without its health risks.
According to McIntosh, researchers have found vapor to contain “six times as much copper as traditional tobacco smoke,” which is just one of the reasons why Cuomo’s move is viewed by some as a move towards protecting the health of the public at large.
What do you think of the proposed vape tax in New York?
InventHelp is a company that some of you may have seen advertisements for, we know we have. Have an invention? This company will help you turn it into reality. So it should come as little to no surprise to find that one vaporizer inventor submit his design for a portable vaporizer accessory to the InventHelp office in Los Angeles and with their help, there’s now a product called the PortaVape that’s available for licensing or sale to both marketers as well as manufacturers.
The product, originally designed by an inventor in Sherman Oaks, California, is designed to integrate with ordinary glassware used for smoking – transforming it into a vaporizer. Its inventor indicated in a statement that he didn’t want to smoke “because of the detrimental health effects” so he “came up with this idea” and the rest is history.
You can share your thoughts on the InventHelp Portavape portable vaporizer accessory in the comments section below. If you’ve tried it, feel free to leave a review because we’d love to hear more about it and we’re sure our readers would too!
The U.S. Food and Drug Administration (FDA) announced new regulations for the vapor industry late last year and the result, according to one vaporizer manufacturer’s analysis, is that many of the smaller vape companies will suffer from the new obligations imposed upon them by the FDA. These new obligations include the requirement of manufacturers to submit certifications and documentation to the FDA for review.
But on the other hand, while it may have a negative impact on some manufacturers, there are those who believe that such regulations do have their place in the industry. Take Haze Technologies for example, makers of the Haze vaporizers. According to Haze, they believe that the FDA’s new regulations are a necessity, as they wrote on their website that they “believe that the regulations are necessary to ensure good quality vape products are placed on the shelves.”
“Although we believe in business growth and equal opportunity for all manufacturers to take their place in the market, we also believe that the regulations are necessary to ensure good quality vape products are placed on the shelves. This is necessary not only from the public safety perspective but also for the future growth of the industry.”
As of present, the FDA requires vape manufacturers to submit their products for approval before they can be sold within the United States. For consumers, this is a double-edged sword. On one side, the FDA oversight has the potential to help reduce the number of unsafe vaporizers on the market. But on the other side, it also cuts down on the number new vapes hitting the market, or at the least, delays their release.
We can see how this could have a negative impact on smaller companies, especially underfunded startups that are still trying to establish themselves in the industry. For a smaller company, the legal resources and man hours necessary to submit the required documentation and certifications could prove to be a real hassle, whereas larger companies may hardly notice the costs incurred.
What do you think of these new regulations and the FDA’s decision to regulate the industry in general? Share your thoughts in the comments section below.
An employee at a Florida vape store, Johnny Vapors in St. Petersburg, reportedly admitted to stealing over $12,000 worth of merchandise from his employer, according to a police affidavit.
The man, who local law enforcement identified as 23-year-old Donovan Platt of Clearwater, Florida, reportedly confessed to stealing a combination of vaping supplies and ice tea (yes, the drink) from his employer, WFLA reported.
Platt was subsequently taken into custody and booked in the Pinellas County Jail where he was held on a $5,000 bond. He is now facing a charge of grand theft.
Johnny Vapors in St. Pete is located at 650 Central Avenue and is open seven days a week. They currently have a 4.7 out of 5 rating on Facebook and on Google, alleged visitors have left company reviews like: “Excellent selection of juices and equipment.”
Among the supplies that went missing from the shop, merchandise that may have been lifted by the man now in custody facing grand theft charges, were e-liquid, vape batteries, vaporizer pens, vape kits, coils, cases of ice tea, and other various supplies. How exactly the shop discovered the theft is unclear, WFLA reported.
Heat-not-burn devices are rapidly rising in popularity in Japan where they were first introduced and according to one study’s findings, they could overshadow electronic cigarettes in popularity in the years to come.
The study, which was authored by Dr. John Ayers with San Diego State University and computer science professor Mark Dredze of Johns Hopkins University, found that when heat-not-burn devices were first introduced in Japan, they rose in popularity more quickly than e-cigarettes did when they were first introduced in the country, which leads them to believe that they could overtake e-cigs in popularity. If this is true in Japan, it could be true elsewhere as well, or at least that’s the line of thought that could very well rattle the cages of some vape industry investors. In the words of the study’s authors, their findings suggest that these new smokeless alternatives “may even eclipse e-cigarettes” in terms of popularity as they’re introduced into new markets.
“This suggests that as heat-not-burn tobacco is introduced in new markets, its popularity may even eclipse e-cigarettes.”
So how fast have they risen in popularity? According to the researchers, who analyzed data from Google Trends that pertain to search engine queries, virtually nobody was searching for them two years ago. But now, to quote study coauthor Professor Dredze, there are now “between 5.9 and 7.5 million each month.”
“Two years ago, there were essentially no queries in Japan for heat-not-burn tobacco, but now there are between 5.9 and 7.5 million each month.”
With how quickly e-cigarettes and personal vaporizers in general rose in popularity in recent years, taking regulators completely off guard, there are those who are calling for research into the safety of heat-not-burn devices to be conducted now so that public health professionals, regulators, and the public at large are not once again blindsided in a scenario in which these new devices surge in popularity reminiscent of the e-cigarette’s rise to international stardom.
In the meantime, there are those who believe that they should be regulated the same as other tobacco products, just to be on the safe side. What do you think? You can share your thoughts on the matter in the comments section below.
Research and Markets is forecasting that the global vapor industry, a combination of e-cig and vaporizer products, will exceed $60 billion by the year 2025.
To be more specific, their estimate, which was published in their “Global E-Cigarette and Vaporizer Market Analysis & Trends – Industry Forecast to 2025” report, puts the industry at approximately $61.4 billion well within the next decade. Those are some impressive growth figures – that is, if Research and Markets is on the money with their forecast.
Innovation and advances in technology within the industry are just a couple of the positive trends that their analysis took into account while attempting to forecast the industry’s growth over the next some odd years (until 2025). Using the compound annual growth rate (CAGR) as a measure, their analysis estimates that the vapor market will grow by about 20.8 percent within this time frame.
Investors may be pleased to find that the report also contains information pertaining to potential investment opportunities as well as recommendations. Such opportunities having been identified through market trend analysis, both past and present.
In essence, it appears as if Research and Markets has poured a great deal of effort into thoroughly researching and analyzing the vapor industry, its players, its supply chains, advances, opportunities, and so forth to create a comprehensive analysis presented in the form of a report available for purchase through their website.
Enovap is both a vape company and the name of the company’s first vaporizer, which has yet to be released to the U.S. public – perhaps why you’ve never heard of them until now. Their new vaporizer, the Enovap vape, currently has a U.S. release date set for 2018. However, its initial public release will be, according to its maker, limited in the sense that there will only be a limited number of units released at first. This is not uncommon for new vape products hitting the market, especially when their makers want to make a point to get it as far as their manufacturing and quality control are concerned. But that’s not what this vape news report is about – no, not at all. What this is actually about is the fact that Enovap has joined The Blink Group’s incubator in order to quickly accelerate the delivery of their product within the United States.
Over in Europe, Enovap has already found itself the recipient of the French Minister of Research and Innovation’s Ilab prize and the European Commission’s Seal of Excellence. And now, as we mentioned, they’re looking to expand into the U.S. vape market and quickly expand with the assistance of The Blinc Group’s incubator.
Enovap CEO Alexandre Scheck explained in a statement that his company “is aiming for a fast commercial expansion of its vaping product in the U.S.” and joining forces with The Blinc Group provides “the perfect opportunity to introduce our technology to players and investors in the field and accelerate our launch in the US market.”
“Enovap is aiming for a fast commercial expansion of its vaping product in the U.S. Joining The Blinc Group is the perfect opportunity to introduce our technology to players and investors in the field and accelerate our launch in the US market.”
Enovap, which was founded in 2015, is currently developing the first truly intelligent personal vaporizer designed to address addictions to nicotine and tobacco through the regulation of nicotine doses dispersed through the device. Basically, their vape aims to gradually wane users away from nicotine dependence, which is what its patented nicotine dosage system is all about.
Why The Blinc Group?
The Blinc Group just so happens to foster the launch, expansion, and funding of vapor startups, among other things. Subsequently, they are, in a sense, the perfect match for a startup like Enovap that is looking to capitalize on their innovative effort to produce a smart vape by tapping into the lucrative U.S. vapor market.
There’s a new portable vaporizer in town that’s turning heads and it’s called the Hydrology9 by Cloudious9, a new vaporizer startup out of San Francisco, California’s Bay Area, the East Bay to be exact. Not far off from where Pax Labs, makers of the Pax portable vaporizers, are headquartered (SF).
This new vape of theirs, the Hydrology9, which some people are calling the Hydrology 9 vaporizer (notice the little space between “Hydrology” and “9”) for whatever reason, looks like it could be the most futuristic portable vape on the market. But is it really? While we won’t speculate on how well it works at this time, the reviews are in and it looks like the general consensus is that it is, at the very least, a good vape. Although some, like TorontoVaporizer and Vapesterdam, seem to think (based on their reviews) that it could stand to see some improvement. Either way, the reviews we analyzed appeared to be mostly positive in nature, which has us thinking that this vape might actually be as good as it looks – and boy does it look good. This is one hot looking vape, or should we say cool? Cool seems to be more appropriate given its design, which centers around a water filter built directly into the vape itself.
Beyond the obvious (the water filter), this new portable does have some features to showoff. These include multiple temperature presets, auto-shutoff, an anodized aluminum and borosilicate glass body, and an LED lighting system used to convey various aspects of the vape’s status such as which temperature setting it’s on and how much juice is left in its rechargeable battery. One of the features that really has us wondering what the folks at Cloudious9 are up to in their free time is the dance mode in which the lights dance for you. This cool little feature, which might sound less cool than it actually is, has two modes: fast and slow. With all that this vape offers, which frankly isn’t as much as some of the other portables it’s competing with, it seems pretty hard to overlook its big selling point: the water filter.
Bringing their concept of a water filtered portable vaporizer to life was no easy challenge, according to Cloudious9. Or at least, doing so in an aesthetically pleasing fashion was no easy goal. As it sounds to us and based on the end result that we see (the Hydrology9), we can’t help but think that it does indeed sound like nothing shy of a daunting task to fuse water filtration with vaporization in a design that’s both functional and aesthetically pleasing. Assuming it works as well as the reviews out there would have us believe, we congratulate Cloudious9 on their innovative design as it truly appears to be something entirely new – a vape that breaks the mold. We’re not only impressed, but intrigued. Did Cloudious9 just raise the bar for Pax Labs, DaVinci Vaporizers, Storz & Bickel, KandyPens, Arizer, and everyone else?
And if you’re wondering if there’s a possibility that it could leak, potentially mixing water with electronics in a fashion that would make us cringe, Cloudious9 claims that it’s “leakproof” – a claim that they back with a warranty.
We’ve Seen This Before – Haven’t We?
The first time we came across this design concept, a portable vaporizer with a water filter, was when VaporBlunt launched the VaporBlunt 2.0 DLX, which offered a “hydrotube” attachment that was essentially a glass water filter that you popped on top of the vape. Now while this sounds the same, it’s actually different. Quite a bit different at that. The vaporizer’s specifics aside, the water filter with the VB 2.0 DLX is actually a separate piece that’s not required for the vape to function. Meaning that the vape itself is actually a standalone portable vaporizer capable of functioning without the hydrotube attachment. The Hydrology 9 on the other hand has a water filter that’s incorporated directly into its design, leaving it as a central component necessary for the vaporizer to function.
The Hydrology9, which online retailer VapeWorld listed on their new products and hot sellers page earlier this month, is made from a space grade aluminum alloy, its mouthpiece from borosilicate glass, and its oven from food grade porcelain. Its oven measures 18 x 10 millimeters and its body, the entire vape itself, measures 45 x 175 millimeters.
For a battery, it uses a cell phone grade 2000 mAh lithium polymer that, according to the manufacturer, lasts for about 15 sessions and recharges in anywhere from 2 to 3 hours.
Usually, we would tell you a bit about the temperature information for a vape such as this while discussing it, however, that information has not been made available by the manufacturer. Subsequently, we don’t have much to work with here nor to talk about. It has 5 preset temperature settings to select from, none of which do we know the corresponding temperatures for. We’re not even sure what the temperature range is at this time, not the high end nor the low. We will do our best to update this segment when and if that information is provided by the manufacturer. All this aside, what we do know is that it takes about 60 seconds for it to reach proper vaping temps, which isn’t all that long given the multiple minutes it takes some vaporizers to reach similar temperatures.
Portable Or Cordless Handheld?
While this is touted as a portable vaporizer, some have brought its portability into question. At just over 6 inches tall, it’s not the shortest nor the most compact portable out there. But is it still a portable? It runs on internal battery power and requires no cord to operate, plus it’s small enough to carry in any number of bags. Which is why we would say that it is a portable, however, we do recognize that it’s really pushing the definition to its limits.
Share Your Thoughts
What do you think about this new vape – is it all that or just another failed attempt to combine the water filtration with portable vaporization? Share your thoughts by leaving a comment in the comments section below. And thanks for stopping by. From Vaporizer Wire to you, stay safe out there and keep on vaping!