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NewGen Concepts, Inc., Formerly Vapor Group, Inc., to Distribute Easy Grinder™ Through Major CBD DistributorPress Release | 03/14/2017
NewGen Concepts, Inc., Formerly Vapor Group, Inc., to Distribute Easy Grinder™ Through Major CBD Distributor
PR Newswire
MIAMI, March 14, 2017
MIAMI, March 14, 2017 /PRNewswire/ --
NewGen Concepts, Inc., formerly Vapor Group, Inc. (OTC Pink: VPOR), ("Company"), announced today that because of the tremendous demand for Easy Grinder™, one of the largest distributors of CBD oil in the U.S. is negotiating for the distribution of Easy Grinder™ across the U.S. The agreement represents a major distribution leap for Easy Grinder™ since the CBD distributor sells to over 7,000 resellers and retail outlets, giving Easy Grinder™ a huge diverse retail presence.
As a result, future production runs of Easy Grinder™ will significantly increase. The first two productions run of over 40,000 units (March and June) have already sold out, causing the Company to accelerate production and delivery by opening its own manufacturing facility in China.
Retail and wholesale demand for Easy Grinder™ continues strong and is projected to represent a major impact on 2017 revenues and profits.
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