Business
Jacksam Corporation/Convectium Provides Update on Vaping and Positioning Within Industry
Jacksam Corporation/Convectium Provides Update on Vaping and Positioning Within Industry.
About this update from Jacksam Corporation
[{"type":"text","content":"\nJacksam Corporation (OTCQB: JKSM) (the “Company” or “Jacksam/Convectium”), an automation solutions company providing machines and equipment to legalized and licensed CBD and THC companies, is providing an update on where the company is positioned and how it is reacting to the current environment in the vape industry.\n\n\nThere have been two major issues in the news regarding vaping which has caused the Commonwealth of Massachusetts to ban all vaping sales for four months:\n\n\n\nThe use of e-cigarettes, particularly by teenagers, has risen dramatically recently and companies such as JUUL have come under increased pressure regarding their practices of attracting teens to use the products. Today, the CEO of JUUL resigned from his position amid the criminal investigation by the U.S. Government.\n\n\nAs of today, there have been 530 documented cases and potentially 7 deaths caused by an acute respiratory illness reportedly tied to vaping both nicotine and THC products.\n\n\n\nWith regards to the recent news, Jacksam/Convectium’s proprietary line of automated vape cartridge equipment was developed exclusively for the filling/capping of cannabis/CBD-based products and the Company has no plans to develop and/or sell products for use with nicotine-based vaping products. Furthermore, Jacksam/Convectium maintains a strict policy of working only with fully licensed and state regulated vendors engaged in the processing and/or co-packing of cannabis/CBD-based products. We believe any practices that would persuade underage teenagers to engage in the use of any nicotine-related product to be reprehensible.\n\n\nCommenting on the temporary ban in Massachusetts via Twitter, Shaleen Title, one of the five members of Massachusetts’ Cannabis Control Commission, stated: “This is a terrible decision. Purposely pushing people into the illicit market - precisely where the dangerous products are - goes against every principle of public health and harm reduction. It is dangerous, short-sighted, and undermines the benefits of legal regulation.”\n\n\nJacksam/Convectium offers filling machines, capping machines and ancillary products to the CBD and THC LEGALIZED industry. While Cannabis is still federally illegal, 11 states have legalized the products and 33 states have allowed medical usage of the products...