Current VAPE Holdings operations:
1) VAPE Holdings is currently negotiating with a Colorado state-licensed enterprise to acquire a state-of-the-art cannabis extraction facility, or its production via commercial offtake. As they are available, details will be announced by company press release.
2) Vape Holdings intends to pioneer standards of manufacturing stable, pure, and highly effective concentrates for a variety of purposes within states where marijuana / cannabis are legal.
3) Vape Holdings expects to increase scale after achieving the proposed acquisition of an initial cannabis extraction facility, and replicate this business in other locales or states where cannabis extraction is both legal and commercially viable.
The purpose of extraction is to remove cannabinoids from plant matter in order to create a product with higher purity for personal consumption. By first removing cannabinoids from marijuana plant matter, then removing any potentially harmful solvents utilized in the extraction process — consumers are left with a highly effective and potent product to meet their needs. Cannabis concentrates are used throughout a variety of products, and represent the highest growth vertical within the legal commercial marijuana industry.
Examples of products created from cannabis concentrates, which Vape Holdings intends to produce in licensed facilities or acquire, include:
- “Hash Oil” for vaporization, or simply “oil”
- Edibles such as candies, cookies, sauces, and more
- “Wax,” or solid extracted cannabis compounds
