It doesn’t take much to create a vape pen company.
You could literally do it in your kitchen right now with a stove and a few utensils, Breaking Bad style. But I doubt you are as good as a chemist as Walter White.
Slow government vs. ex drop-shippers
With the slow government legal cannabis rollout and an increasing demand for black market products (like vapes) people are diving in to make a quick buck. The legal market for these products is expected to open up in Q4 of this year, until then, the black market will be the only option.
Even after legalization it will be unknown whether the LP’s and legal companies will be able to garner more attention than the black market. We saw earlier this year in a report by Yahoo! that 71% of cannabis sales were still through the black market.
Many online entrepreneurs have ditched their dropshipping dreams, and have instead gone in head first selling vapes in the black market, often ignoring healthy practices. Many of the bulk, online CBD and THC distillates are also cut with who knows what, and are extremely watered down versions of what should really be inhaled – full spectrum or winterized oil.
Simple things like adding MCT oil to a vape cart can cause severe lung damage as heating MCT oil and inhaling it is not safe. MCT oil is a common and safe ingredient in tinctures where oil is not heated. It could be the combination of Propyl-Glycol and Glycerin Oil together (byproducts by dual inhalation), synthetic cannabinoids added into the mix, Nictoine concentrations, or even at absolute worst case, THC.
The CDC (Center For Diseases Control) announced its investigation in a statement Aug. 17. It noted that “94 possible cases of severe lung illness associated with vaping were reported in 14 states from June 28, 2019, to August 15, 2019.” Wisconsin has been hit the hardest, with 30 cases reported. The CDC is also working with local health authorities to try to get to the bottom of the phenomenon in Illinois, Indiana, Minnesota and California.
Producers of e-cigarettes have, of course, been quick to distance their products from the dab carts, although e-cigs face controversies of their own. JUUL, one of the largest e-cig producers also emphasized that some reports indicated patients had used THC, “a Schedule I, controlled substance that we do not sell.”
While noting the issue of unregulated knockoff products, the statement echoed prohibitionist assumptions: “We also must ensure illegal products, such as counterfeit, copycat, and those that deliver controlled substances, stay out of the market and away from youth.”