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USEI Cannabis to Begin Marketing Vape Pens to Expand the Company's Marketing and Expand the Real McCoy Brand
USEI Cannabis to Begin Marketing Vape Pens to Expand the Company's Marketing and Expand the Real McCoy Brand.
About this update from Us Energy Initiatives
[{"type":"text","content":"\n \n \n USEI Cannabis to Begin Marketing Vape Pens to Expand the Company's Marketing and Expand the Real McCoy Brand\n \n \nUSEI Cannabis to Begin Marketing Vape Pens to Expand the Company's Marketing and Expand the Real McCoy Brand\n \n SANTA CLARITA, CA--(Marketwired - Apr 30, 2014) - USEI CANNABIS INITIATIVES CORP, A WHOLLY OWNED SUBSIDARY OF U.S. ENERGY INITIATIVES CORPORATION, INC. (OTC Pink: USEI) (PINKSHEETS: USEI) is pleased today to USEI Cannabis has reached an agreement in principal to enter into a strategic partnership with two purveyors of proprietary, high end Nicotine and Cannabis delivery systems and accessories. We are very excited to be entering this space with multiple partners whom we are confident will supply products with the level of quality in vaping devices, Ejuice liquids, and Cannabis that consumers are seeking. According to Wells Fargo, which assiduously tracks the e-cig market, sales are expected to hit $10 billion by 2017. That's still just a relatively small percentage of the overall $100 billion tobacco industry, but with triple-digit growth rates still in its future, e-cigs have the potential to eventually surpass tobacco sales.\n According to Anthony Miller CEO, \"We believe these ventures will allow USEI to be very competitive in this arena. The names of the groups will be announced within the next 10 days after final terms are completed along with websites of the products. These products have proprietary elements to them, which we feel is an added advantage over currently available products (these products will be marketed in Colorado and to a nationwide market).\" \n According to an excerpt from a USA TODAY article dated March 17, 2014: \"Just as e-cigarettes have transformed the business and national debate over tobacco smoking, e-cig technology and vaping are bringing major change to cannabis culture and business -- even altering the way pot is packaged and sold in states where it is legal for medical or recreational purposes. Steve DeAngelo, a marijuana entrepreneur and activist who founded the Harborside Health Center medical marijuana dispensary in Oakland, says the arrival of compact, portable, microprocessor-controlled vaporizers and advances in extracting active ingredients from cannabis plants have caused a shift in consumer demand. Some dispensaries such as his and many in Colorado,...