News Feed Item

O.penVAPE Sales Skyrocket Within 30 Days of Legalized Cannabis in Colorado

O.penVAPE Sells an Average of Four Units Each Minute of Every Day

DENVER, CO -- (Marketwired) -- 02/24/14 -- Colorado-based O.penVAPE™, manufacturer and distributor of cannabis pens and elixir cartridges, realized unprecedented sales since recreational use of cannabis became legal in Colorado January 1 and on track for a 800% growth year with new licensees coming in Oregon, Massachusetts, Nevada, Maryland, Arizona, and internationally in Canada.

Todd Mitchem, chief revenue officer and spokesperson for O.penVAPE, said sales continue to increase with the growth of medicinal and recreational cannabis shops, which sell O.penVAPE products in Colorado, Washington and California. By mid-January, O.penVAPE was already selling an average of two cannabis oil-filled cartridges every minute of every day for $25 to $35 each.

"We're delighted with the popularity of the product and we are now selling four and five units every minute at a steady rate," he said. "This demonstrates the popularity of our pens and oils among adults who are looking for high quality products that they can enjoy in a safer and non-intrusive manner."

The cannabis oil cartridges are manufactured by O.penVAPE affiliates, Organa Labs and Bakked, using CO2 extraction or Supercritical Fluid Extraction (SFE). Mitchem said the process is the most natural and effective way to extract beneficial essences from plant matter.

"This method is not only used for cannabis concentrates, but is also used to create pure essential oils and to strip out or separate different elements of many kinds of botanicals," Mitchem said.

Popular products manufactured using this method include herbal essential oils, hops for beer, high value pharmaceutical precursors and decaffeinated coffee.

"We envisioned that cannabis consumers would demand safer, more consistent and higher quality products as the market matured," Mitchem said. "Early in our venture we researched and then invested heavily in processes, expertise and equipment, so we could manufacture with attention to purity and safety and introduce the best cannabis products from the start."

About O.penVAPE
O.penVAPE is the largest national cannabis brand in the United States. O.penVAPE's leaders, investors and employees are committed to change the way the public views cannabis. A Colorado company, O.penVAPE manufactures vaporizer pens. Its affiliates, Organa Labs and Bakked, produce a variety of quality elixirs for the delivery of the highest quality cannabis for adult recreational and medicinal use. O.penVAPE licenses its products in Colorado, California and Washington. Organa Labs and Bakked manufactures, packages and sells its elixirs in full compliance with state law. For more information, please visit O.penVAPE.com.

NOTE: Learn more about O.PenVAPE by tuning in to Harry Smith's CNBC series, "Marijuana in America," Wednesday, Feb. 26 at 10 p.m. EDT.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2526226

Todd Mitchem
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his session at @DevOpsSummit 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will show how customers are able to achieve a level of transparency that enables everyon...
Cloud based infrastructure deployment is becoming more and more appealing to customers, from Fortune 500 companies to SMEs due to its pay-as-you-go model. Enterprise storage vendors are able to reach out to these customers by integrating in cloud based deployments; this needs adaptability and interoperability of the products confirming to cloud standards such as OpenStack, CloudStack, or Azure. As compared to off the shelf commodity storage, enterprise storages by its reliability, high-availabil...
The IoT industry is now at a crossroads, between the fast-paced innovation of technologies and the pending mass adoption by global enterprises. The complexity of combining rapidly evolving technologies and the need to establish practices for market acceleration pose a strong challenge to global enterprises as well as IoT vendors. In his session at @ThingsExpo, Clark Smith, senior product manager for Numerex, will discuss how Numerex, as an experienced, established IoT provider, has embraced a ...
Today every business relies on software to drive the innovation necessary for a competitive edge in the Application Economy. This is why collaboration between development and operations, or DevOps, has become IT’s number one priority. Whether you are in Dev or Ops, understanding how to implement a DevOps strategy can deliver faster development cycles, improved software quality, reduced deployment times and overall better experiences for your customers.
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and ...
“Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. CloudBerry Backup is a leading cross-platform cloud backup and disaster recovery solution integrated with major public cloud services, such as Amazon Web Services, Microsoft Azure and Google Cloud Platform.
In the next forty months – just over three years – businesses will undergo extraordinary changes. The exponential growth of digitization and machine learning will see a step function change in how businesses create value, satisfy customers, and outperform their competition. In the next forty months companies will take the actions that will see them get to the next level of the game called Capitalism. Or they won’t – game over. The winners of today and tomorrow think differently, follow different...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...