03:57:59 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Chlormet Technologies Inc
Symbol PUF
Shares Issued 31,153,574
Close 2015-10-02 C$ 0.05
Market Cap C$ 1,557,679
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Chlormet adds e-liquid/e-juice to 1313 product lineup

2015-10-05 09:56 ET - News Release

Mr. Yari Nieken reports

CHLORMET LAUNCHES 1313 PREMIUM E-LIQUID LINE OF PRODUCTS

Chlormet Technologies Inc. is introducing a premium e-liquid/e-juice product suite to its 1313 brand of e-cigarette offerings. The initial skews will consist of two unique and exclusive flavour profiles specifically designated for the U.S marketplace: Caramel Tobacco and 1313 Energy with Nicotine. Chlormet has entered into a production agreement with a boutique purveyor out of California for the manufacturing of these specialty vape liquids. These new product additions will complement the existing disposable line of 1313 e-cigarettes, which include the 1313 Energy Slim and the recently announced Massari e-shisha.

Chlormet's president, Yari Nieken, stated, "In addition to being thrilled to introduce a product into the thriving U.S. e-liquids space, I am pleased to announce that our current distributor, E-Cigarette Distributors of Texas, has agreed to add this product to their distribution portfolio." Derek Ivany of VapeTronix added, "In addition to rolling out our own exclusive liquid line, we were successful in securing the distribution rights to the manufacturers Cali Cloudz, premium liquid brands for Texas and all of Canada."

The recreational vape market in the Unites States continues to see strong growth. A recent industry report by Wells Fargo Securities senior analyst Bonnie Herzog indicated that "vapour consumption could surpass combustible cigarettes in 10 years." Further, the report mentions, "Vapour retail sales in the United States are expected to hit $3.5-billion in 2015 and could eclipse $10-billion by 2018." In order to capitalize on this growing consumer demand, VapeTronix has identified the burgeoning e-juice space for refillable vaping devices as a potentially high-margin and sustainable opportunity.

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