In a single transaction a foreign firm confirms the strength of the American e-Vapor market. Japan Tobacco has entered into an agreement to acquire Logic Technology Development, makers of Logic Brand electronic cigarettes. The e-Vapor market for the last few years has been stagnant in terms of purchases, mergers and e-Vapor company consolidations. As we are still an industry in it’s early stages of innovation, this purchase should reignite the interest of investors and companies seeking a stake in an industry that is growing faster than the dot com days and is stated to equal than surpass tobacco cigarette sales in less than a decade.
The future is bright for our industry and we look forward to being a firm dedicated to the full flavored smoker and providing products that are consistent in delivery and performance.
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