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[ 84 ]

TOBACCO BUSINESS

[

MAY

/

JUNE

|

17 ]

deadline, even in a limited number of stores, and the

move is already paying off. That happy outcome is only

likely to intensify as the vapor market goes through the

post-deeming-regulation consolidation that experts are

predicting. VMR is one of the largest players in the

market and is also one of the few that plays in multi-

ple segments. The company sells directly to consum-

ers online, as well as across a broad spectrum of retail

channels, and it has a wide range of products suitable

for each market.

“Each market demands a different type of product,”

explains Verleur. “Some compete with one another and

others less so. For example, the c-store space doesn’t

compete with the vape shop space, but the vape shop

space competes with the Internet because $100-$200

fancy devices play well in an Internet environment

where you can learn about how they work, and they

also do well in a vape shop where there are experts on

hand to tell you about the various devices and show you

how they work.”

Like many in the industry, Verleur has seen con-

traction in the vape shop channel. Shops that relied

on making their own product, unable or unwilling to

navigate the FDA approval process, are shutting down.

However, he doesn’t see the channel going away alto-

gether, nor the vapor market overall declining. “The

breadth of product will be reduced; stores will be lim-

ited to selling product from reputable companies that

have gone through the regulatory process,” he predicts.

“That will lead to less product offerings…for a compa-

ny like VMR that is a magical thing because we are

designing products that are perfect for that space. So

we are looking forward to gaining market share.”

TB

WHAT’S NEW

FOR

VMR

IN VAPOR

Inspired in part by a bad e-cigarette experience,

Jan Verleur launched VMR in 2010 as a technology

company aiming to engineer a better vaping product

than the makeshift devices dominating the market

at the time. “We have always been an R&D-based

company,” he recounts. “Having 40 engineers in the

company has given us the opportunity to develop

technology and build a substantial patent portfolio.”

Many of the new technologies VMR is bringing to

market in 2017 are cartridge and accessory innova-

tions for its S3 and S7 devices. “We built our V2Pro

Series 3 as a cartridge-based product platform. So

now we are launching a slew of new accessories

for that product, including a ceramic P&G card that

literally makes about three times the amount of va-

por as prior cartridges and lasts for up to 40 fills,”

explains Verleur. “We have 11 different cartridges

launching for our S3 and S7 devices.”

While details on all the new launches are not

public yet, Verleur says to expect cartridges with

interchangeable coils allowing modifiable air flow

support for citric juice and PG/VG support.