Operations to Commence April 13
Executing on Plans for National Footprint with 3rd HIVE Supply Location
CHATSWORTH, CA / ACCESSWIRE / April 7, 2015 / Vape Holdings, Inc. (VAPE) (the "Company" or "Vape"), holding company focused on providing healthy, efficient, and sustainable vaporization products and management, consulting, branding, real estate and compliant packaging solutions to lawfully operating participants in the legal cannabis industry, is pleased to announce the opening of its HIVE Supply Portland, Oregon location for distribution and sales, effective April 13, 2015. Along with recently opened locations in Los Angeles, CA and Spokane, HIVE Supply is executing on its plans to build a national footprint for HIVE Supply.
HIVE Supply is 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 needs. As with all of Vape's products, HIVE Supply will operate in full compliance with all federal laws and the laws of each individual state in which it does business. HIVE Supply will focus on providing much-needed support to legal cannabis businesses in regards to sourcing consumer products, brand management and marketing services.
"We have been working hard towards expansion into the Pacific Northwest," stated Kyle Tracey, CEO of VAPE Holdings. "Our new HIVE Supply location in Portland Oregon will serve as the necessary foothold to accelerate HIVE Supply sales throughout the state, and accommodate the hundreds of new recreational license holders on both the processing and retail side of the business."
HIVE Supply Portland will be launching out of Mt. Hood Garden Supply, a successful, full service gardening center that supplies many of the current medical growers and processors in the area. "As recreational begins to flourish, we plan to see a large number of concentrate processing licenses in need of the proper state approved equipment, as well as countless dispensaries that will need compliant packaging solutions," stated Patrick Pooler, owner of Mt. Hood Garden Supply. "We are excited to be able to partner with HIVE Supply and provide our customers with a path to immediate success," added Pooler.
About Vape Holdings, Inc.
Vape Holdings, Inc. focuses on designing, marketing, and distributing various vaporization products and provides management, consulting, branding, real estate and compliant packaging solutions to lawfully operating participants in the legal cannabis industry. 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: http://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 at www.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.
SOURCE: Vape Holdings, Inc.