Business
Isodiol International Inc. Signs Letter of Intent to Acquire Leading Specialty Vape Retailer KURE Corp
Isodiol International Inc. Signs Letter of Intent to Acquire Leading Specialty Vape Retailer KURE Corp.
About this update from Isodiol International Inc
[{"type":"text","content":"\n\n VANCOUVER, British Columbia, March 23, 2018 (GLOBE NEWSWIRE) -- Isodiol International Inc.  (CSE:ISOL) (OTC:ISOLF) (FSE:LB6A.F) (the “Company” or “Isodiol”), a global Bioactive CBD innovator specializing in the development of pharmaceutical and wellness products, is pleased to announce that the Company has signed a letter of intent (LOI) to acquire 100% of KURE™ Corp,  a leading specialty vape retailer headquartered in Charlotte, North Carolina, with locations in the United States and annualized unaudited Fiscal 2018 revenue of $8.8m USD. KURE™ specializes in the retailing of vaporizers and e-cigarettes, e-juices, and related accessories (kurevapes.com, kuresociety.com).\n KURE™ set out to change the current state of the “vape shop” industry with the introduction of KURE Vaporium & Lounge™, a modern and sophisticated retail environment and lounge catering to the vaping community. By elevating the environment and customer experience, KURE™ has paved a completely new path to the rapidly growing vaping and e-cigarette industry and operates a total of twelve e-juice bars and lounges today, with plans for international expansion. “KURE’s™ executives are highly experienced business entrepreneurs that have done a tremendous job in building the KURE™ brand,” said CEO of Isodiol, Marcos Agramont.  “Not only does this further entrench our footprint in the vaping and e-cigarette industry, but through KURE™ retail stores, the Company will set up its own distribution channels for its family of brands, including ISO-Sport and Be Tru Wellness.” “We believe KURE™ to be the Starbucks of the specialty retail vape industry. The KURE™ brand has been carefully built thanks to our incredibly loyal customer following. The KURE™ philosophy is to serve our customers the best selection of vape juices and hardware by the most knowledgeable customer service professionals, our own Kurators™, in an unmatched atmosphere in every KURE™ store.  With over 200,000 customer transactions per year and growing, KURE’s™ knowledge base in the vape industry is exceptional. In joining the Isodiol family, we will now be able to provide our devout customers the very best CBD produ...