Monday, March 10, 2014 9:26:37 PM
Vaporizers, or e-cigarettes, have been in use for many years as an alternative to smoking tobacco. Since there’s no smoke involved, the process avoids many irritating toxic and carcinogenic by-products along with secondhand smoke. In fact, research has shown that vaporizers produce 8 to 450 times less carcinogens than regular smoked cigarettes.
Recently, vaporizers have become an increasingly popular way to smoke marijuana. Studies have shown that vaporizing cannabis produces lower levels of harmful substances than smoking cannabis. These attributes are important given that 10-20% of patients with chronic pain, multiple sclerosis, epilepsy and HIV/AIDS have admitted to smoking cannabis for therapy.
Many companies have also been capitalizing on the marijuana vaporizing trends after the drug was legalized in Colorado for recreational use. In CNBC’s “Marijuana in America” program that aired on February 26, 2014, NBC News correspondent Harry Smith sat down with Open Vape’s Todd Mitchem to discuss his highly successful vaporizer company operating in Colorado.
Mr. Mitchem believes that the cannabis industry will be worth $14 billion by 2018 and he’s hopeful that Open Vape will become a billion dollar company within the next two years. In 2013 alone, the company grew by 1,600% even before the legalization of recreational marijuana in Colorado, selling one vaporizer every 30 seconds and packaging thousands of cartridges per day.
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