Electronic cigarettes, or e-cigs, were first introduced in 2004, they were invented the year before by pharmacist Hon Lik. The UK and US are two of the top countries to embrace the product; since that time their use has become widespread.
Many people who are trying to reduce or quit using tobacco altogether choose to transition to e-cigs. Very rarely to non-smokers choose to partake in e-cigs.
Burgeoning E-Cig Market and Investment Outlook:
Due to the popularity and money to be made on e-cigs, today there are over 500 brands of e-cigs with estimated global sales of over $7 billion. With the use of e-cigs exploding and the consolidation of brands, purchasing stock from some of the top global leaders will provide you with a pretty complete portfolio.
For example, British American Tobacco (NYSE: BTI) already has a 42% stake in Reynolds-American (NYSE: RAI) but is considering purchasing the company outright, because of their e-cig business. Should this sale take place, it will be the biggest tobacco company in the world, replacing Philip Morris from the top spot. Phillip Morris International (NYSE: PM) was once part of Altria (NYSE: MO) and rumors are currently circulating that one may purchase the other and be branded under the Marlboro name.
O2Pur Enters the Market:
O2Pur e-cigs are one of the newest brands to enter the market. Just like other brands, they don’t burn tobacco and derive their flavor from the nicotine-infused liquid that is heated and creates a vapor that delivers taste and nicotine. They are considered a healthier alternative since they don’t contain the toxic chemicals found in tobacco.
O2Pur E-cigs offer a complete product line:
- Box Mods and Accessories
- Charging Accessories
- E-Liquids in flavors like Tobacco, Menthol, Coffee, Watermelon, Strawberry, Blueberry, Green Apple, & Cherry
- Vape Pens
E-Cigs are Here to Stay:
E-cigs, they are here to stay. If you indulge in e-cigs, you will likely see more and more brands enter the marketplace. If you’re an investor, you will continue to see global leaders gobble up other brands to in hope of increasing their stock prices