MIAMI, Florida – December 2nd, 2016 – Vaportronix, LLC., creator of the VQ – a portable vaporizer and cell phone case in one – is positioning itself to support the anticipated growth of the legal marijuana industry. On November 8th, nine states in total had marijuana legislation on the ballot. Voters in four states – California, Nevada, Maine and Massachusetts – all voted in favor of the legalization of recreational adult use of marijuana. Four other states, including Florida, voted in favor of legalizing marijuana for medical use.
“These developments are huge for the vaporizing industry,” said Vaportronix CEO, Steven Stanimirovic. “We have positioned our company and technology to help support everything the American people are pushing for. These are not the same consumers from the past. These are educated, enthusiastic consumers who expect new innovations in how they consume cannabis.”
The market projections from legalization efforts in California alone are staggering. Leading industry analysts predict the golden state’s medicinal and recreational market could balloon from 7 billion to 22 billion in just four years. Vaportronix has created a product that offers their customers the best in discretion and convenience for the cannabis consumption needs.
“Our goal is to provide our customers with the most convenient and discreet way of vaping, whether it’s from our cell phone case or just having a very small and inconspicuous vape stick, like our VQStick,” said Stanimirovic. “We’re doing everything we can to create new cartridges to keep up with and support the growing industry. We are expanding our product lines to include a dry herb cartridge alongside our pre-filled cartridges. We’re trying to cover every aspect of this industry, whether it’s clean cartridges, pre-filled with marijuana oil or pre-filled with e-liquid.”
With the global e-cigarette market expected to grow over $50 billion by 2025, at an estimated compound annual growth rate (CAGR) of 22.36% from 2015 to 2025, Vaportronix is positioned with its patented technology to corner a part of this market by tapping into the worldwide growth of the cell phone accessory market. ABI Research expects that global revenues for mobile accessories will reach $81.5 billion in 2015, and it’s forecasted to grow to $101 billion in 2020 at a CAGR of 4.3%.
With over 35 different claims filed in their patents on the cell phone case, Vaportonix establishes themselves as a dominant player in the cell phone accessory game at just the right time. The use of traditional tobacco products is at an all-time low for American adults, largely due to the widespread adoption of vaping. The popularity of vaping is growing – not just in the U.S., but worldwide. On top of this, research indicates that vaping could offer an improvement to public health with fewer people smoking in a traditional way.
About Vaportronix, LLC
CEO Steven Stanimirovic and CTO Jonathan Romero founded Vaportronix, LLC in Miami, FL in 2014. David Abadi currently serves as the company’s president. From their inception, the main goal of Vaportonix has been to create a discreet and convenient vaping experience that customers would want to use in their daily lives. They plan to bring more innovative products, like the VQ, to the vaping industry.
Company Name: Vaportronix, LLC
Contact Person: Steven Stanimirovic
Phone: (305) 733-1377
Country: United States