Nhale (OTCQB: NHLE), an emerging provider of ecig and vaporizer
technology, announces it is currently in talks with a leading vape oil
company to discuss the possibility of launching a line of private label
oils.
The oils, which are formulated with high-quality all-natural ingredients
and flavors, will be adapted for use with Nhale’s portable vape pen kit.
Nhale’s vaporizer pen features interchangeable parts for dry leaf herbs
and a convenient glass cartridge for oils and concentrates.
“Because we are already manufacturing and distributing a device that can
be used to enjoy oils, this is a logical next step,” said Lance
Williams, President and CEO of Nhale. He added, “As Nhale develops its
product line, we are expanding our footprint in the space and making a
mark in the rapidly growing market for combustion-free delivery systems
and accessories.”
Current legalization trends have opened the door for a booming market in
marijuana oils, concentrates and extracts. Recently, New York became the
23rd state to legalize medical marijuana but enforced a restrictive
program requiring the substance to be vaporized or ingested -- these
forms of consumption largely point to oils.
“We recognize the value of oils and similar products for patients and
recreational consumers; we intend to identify and develop products that
will advance the industry while growing Nhale’s market share,” said
Williams.
About Nhale, Inc. (OTCQB: NHLE)
Nhale™ is a technology company that plans to launch commercial products
in the consumer space while focusing on two significant trends occurring
in the U.S. and around the world:
-
The adoption of vaporizing and electronic cigarettes, or ecigs, by the
world's 1 billion+ smokers, and
-
The decriminalization and legalization of marijuana for medicinal or
recreational purposes.
More information about Nhale is found at www.nhaleinc.com.
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Copyright Business Wire 2014