Vapor Group, Inc. (OTC Pink: VPOR) operates as a holding company that primarily operates a principal subsidiary called VPOR, Inc. The company’s focus is to source, distribute, and sale premium bulk hemp CBD products. Vapor Group sources its hemp from top producers in states like Kentucky, Colorado, and Oregon. Vapor Group also owns Simple Cork, Inc., a patented wine bottle opener that is being prepared for launch. Shares of the premium hemp CBD company are rallying 25%, through early trading on Tuesday, April 16, 2019. Over the past month, Vapor Group has seen average daily volume of 14.84 million shares. However, volume of 73.74 million shares or dollar volume of $36,870, has already exchanged hands through early trading on Tuesday.
Shares of Vapor Group are gaining on Tuesday, after the company announced that it has secured a $100,000 purchase order from White Label Liquid, Inc. (OTC Pink: WLAB). Under the purchase order, Vapor will supply White Label Liquid with bulk CBD isolate, which represents the largest order the company has received to-date. Here is the full press release detailing of the hemp CBD bulk isolate order:
Vapor Group, Inc. Press Release:
Vapor Group, Inc. (OTC Pink: VPOR) (“the Company”) continued its successful run this week, securing a purchase order for approximately $100,000 from White Label Liquid, Inc. (OTC Pink: WLAB), an industry leader in the CBD private-label manufacturing business. White Label Liquid has built itself up as the go-to manufacturer for many popular brands in the current CBD marketplace.
The order is the Company’s largest for bulk CBD isolate to-date and represents the continued success of its new business model, one which has now brought in over $200,000 in total sales throughout the last few months.
Today, Vapor Group is a trusted provider of high-purity, high-potency premium bulk CBD isolate to retailers across the country. The Company’s use of cutting-edge manufacturing facilities and processes, including nanotechnology, delivers to customers a competitive advantage in quality and product effectiveness that is unsurpassed in the global market.
The CBD industry as a whole is attracting more and more investors who see its significant long term potential, which is projected to explode to as much as $16 billion within the next few years.
“White Label Liquid is one of the best at what they do in this industry,” said Vapor Group President and CEO David Zinger. “This order attests to the validity of our new business model and the quality of our product. We’re confident that we will continue to attract significant orders that over time will bring strong returns for our shareholders.”
The CBD market continues to expand at a rapid pace, with aspiring entrepreneurs and established large chain retailers embracing the industry at an exponential growth rate. Recent surveys suggest that close to 7 percent of Americans already use the hemp-derived compound.
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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About White Label Liquid, Inc.: White Label Liquid is a leading one-stop manufacturing service providing premium custom-blended products containing hemp-derived CBD oil, all of which are sold to a wide variety of companies including major and small brands, chain stores, vape shops, distributors and dealers worldwide. The Company has the capability to produce up to 50,000 units per day in various packaging sizes and shapes using custom labels and customized presentation packaging. It merged last year with the former Simply Innovative Products, Inc. to create a publicly-traded company under the White Label Liquid, Inc. name dedicated to sharing its veteran industry expertise for the benefit of customers and shareholders alike.
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