Vaporizers Could Become the ‘Google of Cannabis’
February 27th, 2014
News, Top News
Vaporizers, or e-cigarettes, have been in use for many years as an alternative to smoking tobacco. Since there’s no smoke involved, the process avoids many irritating toxic and carcinogenic by-products along with secondhand smoke. In fact, research has shown that vaporizers produce 8 to 450 times less carcinogens than regular smoked cigarettes.
Recently, vaporizers have become an increasingly popular way to smoke marijuana. Studies have shown that vaporizing cannabis produces lower levels of harmful substances than smoking cannabis. These attributes are important given that 10-20% of patients with chronic pain, multiple sclerosis, epilepsy and HIV/AIDS have admitted to smoking cannabis for therapy.
Many companies have also been capitalizing on the marijuana vaporizing trends after the drug was legalized in Colorado for recreational use. In CNBC’s “Marijuana in America” program that aired on February 26, 2014, NBC News correspondent Harry Smith sat down with Open Vape’s Todd Mitchem to discuss his highly successful vaporizer company operating in Colorado.
Mr. Mitchem believes that the cannabis industry will be worth $14 billion by 2018 and he’s hopeful that Open Vape will become a billion dollar company within the next two years. In 2013 alone, the company grew by 1,600% even before the legalization of recreational marijuana in Colorado, selling one vaporizer every 30 seconds and packaging thousands of cartridges per day.
Investors looking to get involved in the growing vaporizer industry have many options, too. Vape Holdings Inc. (OTC: VAPE) debuted its vaporizer products on January 21, 2014 at the American Glass Expo in Las Vegas, Nevada. The company is focused both e-cigarettes and marijuana vaporizer products. Over the past month, the stock has risen more than 90% to $17.11.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
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CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.
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