Vape Holdings Inc. (fka VAPE)

[neverenough44]

The title of the GIFT press release is as follows...

GrowLife to Receive Up to $40 Million for Acquisitions, Growth Capital, & GIFT Program

Notice the part in bold....Acquisitions

If you read the entire press release it goes on to say...

The GIFT program allows fully-licensed and compliant growers and dispensaries in well regulated cannabis markets including locations in WA, CO, MA, NV, IL, AZ, OR, CT and Canada to spread the cost of infrastructure builds over time.

It specifically states growers and dispensaries

Whether Vape's concentrate plans fall in that category who knows. This is from the Vape website... http://www.vapeholdings.com/concentrates/

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.