Nhale Announces Accomplishments for Current Year and Future Plans

Nhale today announces 2014 has been an exciting year for the company. Nhale’s business viewpoint includes the firm belief that innovation drives profitability, especially for growth-stage organizations entering emerging industries. This belief continues to guide the company as it partners, develops and sells leading edge consumer-oriented products primed for rapid commercialization. This thought process will continue to move Nhale forward as it looks towards the future.

Nhale’s review of its results and plans for the future included:

• The company’s accomplishments
• Nhale’s strategic partnerships
• The next steps

Nhale’s accomplishments

Nhale entered into the vaporizing space with a revolutionary product at a competitive price, the portable Nhale vaporizer pen in a multi-use kit. The market for these products is growing rapidly and is estimated to have more than 2.5 million consumers in the U.S. alone.

Nhale’s all-purpose set includes everything needed to vaporize dry herbs, waxes, e-liquids and oils. Comparable to much higher priced vape pens, the Nhale vaporizer features interchangeable parts for dry leaf material and a glass chamber for essential oils and concentrates in an elegant, lightweight pen-style vape.

In July 2014, Nhale brought a new distributor on board who placed an initial 10,000-unit order and since has signed a variety of retailers who will sell Nhale’s vape pen kits, including twelve new retail locations in Greater Houston.

“Nhale has developed a considerable number of partnerships with retailers within a short time, positioning the company as a viable competitor in the market,” said Lance Williams, President and CEO of Nhale. He added, “It was gratifying to find innovative companies that share the same vision as Nhale, allowing the resulting synergies to begin moving us to the forefront.”

Nhale’s strategic partnerships

Strategic partnerships have played an important role in Nhale’s growth objectives. In June 2014, Nhale was present at the first Weedstock Cannabis Investor Conference in Colorado. There the company made numerous connections with market leaders and explored business prospects. This significant conference was a great opportunity for Nhale to explore how the industry is evolving and helped the company identify opportunities to gain a larger footprint in this rapidly expanding market.