Vape Holdings, Inc. (OTCQB: VAPE) saw its share volume surge on June 11th with 1,119,816 shares exchanging hands, more than triple its three month daily average volume of 343,681 shares.
Just today, Vape Holdings reported results from the soft launch of its e-commerce website HiveCeramics.com. The HiveCeramics.com website brought in over 300 retail sales and saw over 58,000 hits last month alone - over 12,000 of them unique visitors - without a full e-commerce site, full product line or any paid or formal advertising. Thus far the Company has relied on word-of-mouth, various social networking accounts, and industry reputation to guide interest.
"We have worked diligently since acquiring HIVE just over two months ago to establish our wholesale distribution platform, partnering with authorized dealers across the country and internationally. The opening of the HiveCeramics.com e-commerce site is the next step in our multi-channel expansion plan of the HIVE brand," stated Kyle Tracey, CEO, Vape Holdings, Inc.
"As I have said repeatedly, we are overwhelmed with the positive reception the industry has given to the HIVE Ceramics product line in just its first few months in the market," added Tracey. "We now plan to implement a streamlined marketing and advertising campaign to drive web traffic and online sales revenue.”
This is huge news for the company, which had been sliding in share price and share volume in recent weeks.
VAPE closed the day at $1.93, 16.36% higher than its previous close of $1.65.
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Vapor Hub International Reports On Its Participation In The World Vapor Expo
Vapor Hub International Inc. (OTCQB: VHUB) saw its share volume climb on June 11th with 1,055,334 shares exchanging hands, significantly higher than its three month daily average volume of 621,383 shares.
Vapor Hub International Inc. reported today on its participation in The World Vapor Expo held at the Miami Beach convention center last weekend; an event attended by thousands of consumers, retailers, and distributors.
"The event was amazing not just for our brand, but the vape community as a whole," stated Andrew Birnbaum, CEO of Vapor Hub International. "We really felt like we had a very strong presence there. It was truly an honor to have so many industry leaders come to our booth and be so complimentary about what we're doing in the industry," Birnbaum continued.
"Some of the most recognized brands in the industry spent quite a bit of time there. Representatives from one of the best-selling e-liquid brands in the US spent a good amount of time at the booth, as well as other industry leaders from the media. All of them came upstairs and participated in the giveaways," stated Birnbaum.
VHUB closed the day at $.3125, 11.97% lower than its previous close of $.355.
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Green Cures & Botanical Distribution Provides Corporate Update
Green Cures & Botanical Distribution Inc. (OTCPINK: GRCU) saw its share volume dip on June 11th with 23,848,862 shares exchanging hands, nearly half of its three month daily average volume of 45,468,769 shares.
CEO Robert Calkin provided a corporate update this morning which included a lot of information regarding the state of the company and the company’s vision for its future.
Green Cures seeks to become the leading cannabis and botanical industry innovator, by providing the highest quality hempseed oils and cannabis flower topical medicinal and botanical products, as permitted by law. With our current and upcoming line of products, we plan to be able to operate in numerous industries, including Nutritional Supplement/Dietary, Health and Wellness, Functional Beverages, Hemp, and Online Marketing.
According to estimates published by the Hemp Industry Association, in the year 2013, American retailers sold approximately $581 million of products containing hemp seeds and hemp fiber. Due to the similarity in leaf shape, hemp is frequently confused with marijuana. Although both plants are from the species cannabis, hemp contains virtually no THC (delta-9 tetrahydrocannabinol), the active ingredient in marijuana. In the United States and many countries around the world, the consumption and use of Hemp is legal. The general public uses products like Hemp Fiber, Hemp Protein, and Hemp Oils every day. As a food or supplement, Hemp is rich in protein, omega fatty acids and high in fiber.
Green Cures, through its current and upcoming line of products, plans to be able to capitalize on the strong growth that these industries are experiencing across the country. At a later time, Green Cures plans to also emphasize expanding sales and distribution opportunities in other regions of the American continent and across the globe. At the present time, Green Cures is moving forward with the development of several online portals that Green Cures acquired and which were announced on March 5, 2014. Green Cures anticipates that some of these portals will be utilized as online marketing tools for some of our upcoming products, as well as advertisement distribution platforms to other companies and individuals, who operate in the medical cannabis and hemp industry, as permitted by law.
Green Cures looks poised to attack the Hemp market, and appears to be positioning itself in the Hemp market.
GRCU closed the day at $.0148.
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