DAYTONA BEACH, Fla.--(BUSINESS WIRE)--
Corporate restructuring and focus on emerging CBD industry brings Company continued success
Vapor Group, Inc. (OTC Pink: VPOR) (“the Company”) continues to grow its newly adopted business model that focuses on the emerging CBD industry, with the Company this week securing yet another $50,000 order for bulk CBD isolate. Following their successful corporate restructuring initiative earlier this year, Vapor Group has now sold almost $300,000 worth of orders for April, further establishing themselves as one of the premier providers of high-quality CBD isolate to the sector.
(Click here to watch a video about VPOR and their use of cutting-edge manufacturing facilities and processes.)
Vapor Group provides highly-potent, premium bulk CBD isolate made from 100 percent industrial organic hemp. The Company’s use of cutting-edge manufacturing facilities and processes, including nanotechnology, provides its customers with a competitive advantage in quality and product effectiveness with a product that is disrupting industries from plastics to construction.
“It’s been an exciting month for us, but we know we have a lot more work to do to assure our continued growth,” said Vapor Group President and CEO David Zinger. “We’re confident that with our high-quality product we will carve out a significant portion of market share to the benefit of the Company and its shareholders.”
CBD is gaining wider acceptance among mainstream Americans, especially in the heartland where recently Texas voted to allow farmers to grow industrial hemp. Entrepreneurs and established large chain retailers are embracing the CBD industry as well, as business owners begin to reflect on surveys that suggest that close to 7 percent of Americans currently use CBD, a figure that is expected to increase to as much as 10 percent or 25 million people by 2025. As a result, investment firm Cowen forecasts that sales of CBD consumer products in the U.S. could conservatively reach $16 billion by that year.
About Vapor Group, Inc.
Vapor Group, a publicly-traded OTC company, trading under the symbol VPOR, today is a holding company with its principal operating subsidiary being VPOR, Inc., www.VPOR.com. Vapor Group provides only premium bulk CBD products made from 100 percent industrialized organic hemp that is produced by top growers in the U.S. from states like Kentucky, Colorado, and Oregon. The Company works directly with B2B businesses in the sector to stay up-to-the-minute on the latest consumer trends in the category.
Vapor Group also is the owner of Simple Cork, Inc., www.simplecork.com, the developer of a new, multi-nationally patented combination wine bottle cork/opener being prepared for market entry.
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