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AMV Holdings Announces Closing of Acquisition of the Assets of Kure Corp.

Tuesday, February 4, 2020 3:45 PM

AMV’s Goal is To Create One of the Largest Vape Retailers In America

MOORESVILLE, N.C. / ACCESSWIRE / February 4, 2020 / AMV Holdings LLC (AMV) one of the largest independent specialty vape retailers in the vaping industry with retail and manufacturing operations is pleased to announce on January 31, 2020 it acquired through a wholly-owned subsidiary, substantially all of the assets of Kure Corp (“KURE”). AMV already operates a multi-branded retail footprint, including names such as Madvapes and Alohma, KURE brings another leading specialty vape retail brand to the organization. Following the closing of the acquisition, AMV expects that the combined business will employ over 350 people, operate 113 stores in 19 states, as well as international operations in Europe and will have significant retail, manufacturing, and distribution capabilities that will be focused on the goal of providing its consumers with the best selection, service, and quality. Following this transaction, AMV’s plans to continue to expand through acquisitions with the long term goal of eventually undertaking an initial public offering.

“This is a significant development in the retail vape industry. We believe KURE to be the “Starbucks” of the specialty retail vape industry. KURE has been a great brand in our sector, we are excited to add their distinct line of custom blended high-end flavored e-Juices to our portfolio of proprietary e-liquids, as well as one of the largest selections of the most recognized third-party hardware and e-liquid brands. We are excited about taking this grow this brand and its dedication to customer service, customer experience and unique product experience. I believe that the scale of the combined operations will enable us to increase our investment in quality assurance, science, and regulatory efforts adding both depth and scale to our team. We remain committed to being strong industry stewards and believe increasing scale will matter more and more as companies work to navigate changing industry dynamics and dealing with the forthcoming PMTA applications” said Sam Salaymeh, President of AMV.

AMV Holdings, LLC

AMV Holdings, LLC is a privately held company. With portions dating back to 2009, AMV Holdings, LLC roots are founded in a several entrepreneurs, in Mooresville/Wilmington North Carolina and Omaha, Nebraska, who wanted to share their personal positive experience of vaping with others. Since 2014, AMV has been backed by two investment firms Meriturn Partners, LLC and Panorama Point Partners, LLC. In the years since their investment, the platform has grown from 10 stores in eastern North Carolina to a global platform that is one of the leaders in the vaping industry.

Forward-Looking Statements

This press release contains forward-looking statements. Any statements contained herein which do not describe historical facts, including but not limited to, statements regarding: (i) our business; (ii) expectations about our business and future of its market; (iii) our ability to undertake future acquisitions; (iv) expectations regarding future intentions we plan on undertaking as part of our business plan; or (vi) beliefs about the consumer adoption of our industry and our goal of bringing new innovative products to consumers, are forward-looking statements which involve risks and uncertainties that could cause actual results to differ materially. There are no assurances our expectations will be realized. In addition, we operate in an industry which is subject to changing regulations and there are no assurances we will be able to comply with existing or new regulations which may be adopted from time to time. We disclaim any obligation to publicly update or revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

CONTACT:

Nicole Brewer
pr@amvholdings.com

SOURCE: Accesswire

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10 GREAT YEARS OF MADVAPES… A LETTER FROM OUR FOUNDER

Wow, it’s been 10 long years of excitement and hard work in an industry that has helped so many people transition away from combustible tobacco but has been under attack by so many misguided groups. In our hearts, we know how many cigarette smokers we’ve converted, and we’re damn proud to have been able to help so many people so far.

Can you imagine, Madvapes all started from making 510 connectors out of a home office. I didn’t start out trying to make connectors but the first e-Cig I bought broke on day 1. Frustrated I found plans for a box mod, but you had to tear apart a working 510 e-cig to make it. I didn’t have a 510 e-Cig and wasn’t going to buy one to tear it apart so I found the parts to make my own connector and shared the plans on how to make one on ECF (e-Cigarette Forum). People wanted them but didn’t have the tools, so I made some and sold them.

That was the start of what is now AMV Holdings LLC dba Madvapes, which has grown to over 500 employees, 120 stores in US, Germany and Ireland, e-liquid manufacturing facilities and multiple distribution warehouses. It’s just such an amazing dream come true.

I can certainly not take credit for the success of the company, there has been so much help along the way. Wonderful employees who work tirelessly to make sure they do the best job possible to make it all happen.

I’m really humbled by the hard work and dedication of so many individuals, some who have been with Madvapes since the beginning when there were only 6 shelves in a hot NC garage, struggling to get out 20 orders a day. It’s been a long ride.

I still recall the first warehouse that I rented. I was terrified but my entire house had turned into a warehouse of sorts with yellow taped boxes lining almost every free wall in the house. I needed to find a spot to continue the business from but sign a lease? I had never done that before.

My first office/warehouse was 1200 square feet. This unit was in a strip of 12 similar sized units. We quickly outgrew the first space so Madvapes was able to lease another space and then another, until we had a total of 6 of the 12 units in this building.  As people moved out or space became available, we’d grab another 1200 square foot unit. By the time Madvapes had 6 units, the landlord suggested we move out since he was unable to rent us more than 6 of the 12 units in the building.

Even at the start, from my garage, I was amazed at the number of people who would show up to buy items since they didn’t want to wait for shipping or wanted to get started right away. We’d spend hours talking to them about this great new technology, which at the time was 510’s, 901’s 801’s and box mods. Most of the e-Liquid was from China back then but we started to manufacture our own e-Liquids in late 2009.

We kind of had a mini store in one of the warehouse units but parking was tough and the other tenants were getting angry about not being able to park at their own businesses since our customers were taking their spots, so we started to look at opening a real store.

A retail store to me was a terrifying idea, I mean another lease, employees, insurance and expenses was just a crazy dream. With a wife, 2 children, a mortgage and bills, if this didn’t work out, I was going to be in big trouble.

There was a Cigar store in a strip mall in Charlotte, NC where unfortunately, the young man that owned the Cigar shop had just passed away in an auto accident. The store sat vacant and his wife and brother were a bit hesitant to sub lease it since it meant a lot to them as they had recently put a lot of hard work into it with handmade shelving units and a humidor room. When we met with them and told them our idea about a vape store, they liked it and agreed to lease it to us under one condition, that when we took down the sign, which was a cool logo that said “Cigars”, that they would like to have it. We agreed as the sign meant a lot to them. Since they had just done most of the build out of the store, we were able to quickly move in and the very first Madvapes store at Smith Corners Blvd, Charlotte, NC was officially opened. The Humidor room that was there turned into our first e-Liquid Bar!

The brother stopped by one day to show how he had hung up “Cigars” sign in his garage, very touching tribute to his brother and very touching moment for us. Wish I had that picture but I’ll always have that memory and why that store means so much to me.

Fortunately, the first Madvapes store did great, but we still had a lot of people coming to the warehouse so we opened Madvapes 2, closer to the warehouse so we could direct customers there for a better experience. Shortly after Madvapes 3, 4,5 and others were opened up. The growth was amazing and still is.

Madvapes has also gone through several mergers with other very talented business owners that have not only grown our footprint but have brought tremendous knowledge, leadership and vision to a truly amazing company.

I can’t help but be so grateful and understanding of those who have undergone the same journey as Madvapes did and have decided that combined, we are a stronger and better organization with more focused resources instead of duplication.

Never in my wildest dreams did I ever think that I’d be sitting here and writing about the 10 year anniversary of the company that originally started out as MyVapes.com, but I needed to change e-Commerce websites and used Madvapes.com temporarily and never changed it back.

It’s really been an amazing journey and something that I will never give up on or ever forget. There were certainly times when I was ready to throw in the towel, but things tend to work themselves out and before you know it, a new problem replaces the old one and things get better 🙂

I can’t help but say thank you again to all the people that have made this great company happen. The support from our customers, employees, business partners and families has been truly inspiring and why I’m so proud to be part of it all.

Happy 10th Madvapes!

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False Information About E-Cigarettes is Putting Lives at Risk

Over the last several months, there have been several stories about teens across the country who have been hospitalized due to serious lung damage caused by vaping. These stories have reported that teens from several states have suffered heart attack like symptoms with vaping being the common denominator.

However, many of these stories neglected to mention the fact that the teens also admitted to vaping illegal and unregulated THC products that they purchased from the black market. The items contained harmful ingredients not found in legal vaping products.

Sadly, these stories have been used to push the narrative that vapes and e-cigarettes are harmful products that should no longer be available to the public. When polled, most Americans said that they believed e-cigarettes to be more harmful than traditional cigarettes and other tobacco products. The FDA and other government organizations also continue to deliver the message that e-cigarettes are very dangerous, despite research consistently saying the opposite. 

Studies have shown that not only are e-cigarettes less harmful than traditional cigarettes, but they’re also a very effective tool for helping smokers quit. In fact, researchers believe that e-cigarettes could be two times as effective as other forms of tobacco/nicotine replacements. 

Studies have also  proven that the process e-cigarettes use to vaporize tobacco is safer than the method used in cigarettes because it allows users to inhale an aerosol which contains fewer harmful chemicals. 

Pushing the rhetoric that e-cigarettes are more deadly than cigarettes is dangerous – especially for people who are looking for a way to quit smoking and have exhausted other options. Smoking kills approximately a half a million people each year in the United States alone. This number could decrease significantly with the help of e-cigarettes. 

By hiding the truth about e-cigarettes, it seems like law makers and government officials are actually creating what they claim they are trying to avoid:a public health crisis. 

As new reports continue to show the effectiveness of e-cigarettes, the industry can only hope that this evidence is used to shed light on the positives.

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Public Health Professor Advises the Public: ‘Don’t Let the CDC Fool You’

The Centers for Disease Control is one of the most highly regarded agencies in the United States. The CDC is responsible for collaborating “to create the expertise, information, and tools that people and communities need to protect their health through health promotion, prevention of disease, injury and disability, and preparedness for new health threats.” As a result, The CDC has gained the trust of countless people all across the country. But what if this organization doesn’t really have our best interests at heart?

According to former CDC employee and currently Boston University professor, Dr. Michael Siegel, that might be the case. Siegel, who has become very vocal against the CDC’s negative claims about vaping, believes the organization is spreading false information about the dangers of vaping and e-cigarette products.  

Dr. Siegel became increasingly outraged when he noticed the way The CDC handled reported of vape related lung damage that left teens from several states hospitalized. Several media outlets reported that the teens had experienced serious lung damage after vaping, but few mentioned the fact that the products the teens were vaping were THC cartridges purchased from illegal (and unregulated) sources. 

According to Dr. Siegel, “The CDC has continually downplayed the role of THC vape carts in the outbreak and even today, continues to blame it on electronic cigarettes generally. Most revealing is the fact that every time the CDC even mentions a potential role of THC, it immediately undermines it by emphasizing that ‘The investigation has not identified any specific e-cigarette or vaping product (devices, liquids, refill pods, and/or cartridges) or substance that is linked to all cases.’”

“Don’t let the CDC fool you. What they’re not telling you is that in epidemiological outbreak investigations, we almost never identify a single exposure that ties together all of the cases. This is why we calculate odds ratios to estimate the strength of association between the exposure and the cases. If every single case was associated with a single exposure, then it wouldn’t take an epidemiological analysis to identify the source of the outbreak.”

Dr. Siegel, along with many others, believe The CDC failed to properly research and report the truth behind the events. In turn, he says the CDC is putting people at risk by spreading inaccuracies. 

As more information continues to come to light regarding the truth behind vaping, the industry hopes it will eventually result in honest education about the products and their benefits.

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Vapers in New York Plan to Go Back to Cigarettes As A Result of Flavor Ban

New York has become one of the most recent states to join the ban on flavored vape products. Governor Andrew Cuomo made the announcement on September 17th after inaccurate reports of vape related lung damage swept through the nation. Although the stories reported that several teens had experienced severe lung damage due to vaping, they failed to mention an important detail: the teens admitted to smoking illegal THC oils that were purchased from black market sellers.

The ban, which is set to begin on October 4th, came as a shock to vapers all over the state. For many former and current smokers, vaping has provided safer alternative to cigarettes and a more effective way to quit.

Government officials see the ban as a way to protect the public, but the real result will actually be the opposite. To get a true idea of how this ban will affect the public, Helen Redmond of Filter Mag sat down with several New York residents who vape. Lilly, one of the women who was interviewed by Redmond, says that she loves vaping because it does not negatively impact her boyfriend’s asthma unlike traditional cigarettes.

Others feel that vaping is being wrongfully attacked and decisions are being made without all of the facts. Afterall, several studies have shown that vaping is less harmful than smoking and that it is a very useful tool for helping smokers quit. 

A New York vape shop owner, Spike Babian, says that several customers have told her they plan to start smoking now that flavored vape products are unavailable. Another shop owner who chose not to be named, also noted that black market sales will likely increase due to this ban.

Since smoking is responsible for nearly half a million deaths each year in the United States, it goes without saying that a decision that results in people choosing to smoke could create a health crisis.

Watch footage from Helen Redmond’s interview to learn more about this ban will affect New York vapers.

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New Vaping Regulations Are Making Alleged ‘Crisis’ Worse

News of vape related lung damage — and even deaths — has been the topic of headlines across the country for several weeks. Recently, in addition to 12 deaths, the CDC reported “805 lung injury cases reported from 46 states and 1 U.S. territory.” Unfortunately, though, most of the coverage on these incidents has left out a very important detail: these teens were vaping illicit THC cartridges that were purchased from illegal sources.

However, despite proof that these deaths and injuries were related to illegal street vapes and not e-cigarettes, lawmakers across the United States are looking to put strict regulations on vape products. Many hope to ban “all non-tobacco flavors of e-cigarettes, including mint and menthol” and some states have already put these regulations into action. On the surface, this decision may seem like it was meant to keep people safe, but in reality, it will likely have the opposite result.

Not only will restricting access to e-cigarettes give traditional smokers one less option for quitting, but it’ll also make people more likely to explore black market options. According to Michelle Minton of the Competitive Enterprise Institute, “[T]he only reason these people turned to the black market was because they couldn’t acquire cannabis or e-cigarettes legally. Black markets only arise when products are unavailable or prohibitively expensive on the legal market, often as a result of well-meaning efforts to protect people from their own choices. But instead of keeping them away from substances that might increase their risks a little, restrictions push people into the illicit market where adulterated and defective products can kill them.”

Limiting access to regulated products will likely result in an increased number of health issues caused by unregulated items that contain harmful chemicals. Some traditional smokers in places that have enacted a flavor ban have said that they will likely go back to cigarettes. This is already an issue as cigarettes are responsible for over 8 million deaths per year. 

Although it’s not uncommon for knee-jerk reactions to influence laws in the United States, many people feel that a widespread flavor ban could create a public health crisis worse than government officials could have imagined. 

Don’t forget to check back with us for updates on the flavor ban and other vape related news. 

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Former Smoker Testifies That Vaping Is A ‘Health Miracle’ That Saved Her Life

Did you know that more than 16 million people in the United States are fighting a smoking related disease? In addition, the average smoker will live 10 years less than a non-smoker. Even people who don’t smoke can be put at risk when coming in contact with cigarette smoke.

Needless to say, almost all of the statistics surrounding cigarettes are connected to serious health issues, and even death.

Although more than half of cigarette smoking adults have admitted that they’d like to quit, doing so is easier said than done. Until now at least.

With the rise of e-cigarettes, many smokers have seen this option as the ideal way to quit. Research has shown that not only are e-cigarettes far less harmful than traditional cigarettes, but they’re also more successful than other methods at getting people to quit smoking.

A study conducted by researchers in England shows that people who used e-cigarettes were about 60% more likely to quit smoking than people who didn’t. For many smokers, the option to vape different flavors is a huge factor in using e-cigarettes over traditional cigarettes. One woman, Vicky Porter, even believes that flavored e-cigarettes likely saved her life.

In a recent hearing regarding widespread reports of vape related lung damage, Porter testified that e-cigarettes were the only thing that helped her quit smoking. Porter, who discovered e-cigarettes after 23 years of smoking and several failed attempts at quitting, says that her health improved almost immediately after switching to e-cigarettes. 

She specifically mentions that flavors are a huge factor in what makes vaping a great experience and cites a recent survey that found 92% of adult vapers preferred non-tobacco flavors.

Porter’s testimony comes on the heels of several cases of vape related lung damage — and even death — across the country. However, as she mentions, these incidents were not the result of vaping itself, but the result of teens attempting to vape illegal THC cartridges purchased from the black market. 

Despite these facts, lawmakers in several states have decided to move forward with stricter regulations on vape products. Some states have even gone as far as to ban the sale of any flavored vape products. 

Officials are claiming this flavor ban will put an end to the ‘health crisis’ caused by vaping, but Porter and many others disagree. Limiting access to e-cigarettes and other products could actually cause a health crisis of its own.

As organizations and officials make plans to overturn these bans, vapers everywhere hope words like Porter’s will be heard — and taken seriously.

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New Research Finds The CDC Made False Claims About ‘Vaping Epidemic’

As headlines about the dangers of vaping continue to dominate the headlines, many people are working hard to bring the truth about vaping to the forefront. As a result,  of the UK’s top researchers have recently taken a second look at a study conducted by The CDC in 2018. 

The study “found a 78% rise in vaping (at least one puff in the last 30 days) by US high schoolers (15-18 years old) between 2017 and 2018.” These alarming numbers sent the many parents — as well as the general public — into an uproar about vaping However, UK researchers have uncovered “a gaping chasm” between what the study shows and the truth.

In the re-analysis of the 2018 study, UK researchers differentiated between experimental and regular vapors. Regular vaping was defined as occurring more than 20 times a month. 

According to The Australian Tobacco Harm Reduction Association, “The study found that in never-smokers, regular vaping was rare, nicotine addiction was minimal and the great majority of smokers used tobacco before trying vaping.” To be specific, the results indicated that only 8.4% of teens who had never smoked had vaped within the last 30 days. Of those teens, only 1% were regular vapers. These numbers indicate that a health crisis involving teen vape usage simply isn’t true. 

In fact, teens in the United States are much more likely to partake in other risky behaviors such as drinking, texting while driving, and using cannabis. UK researchers also found that most teens smoke before vaping which means that cigarettes present a much bigger threat to teens than vaping. 

Hopefully public opinion will shift as more studies continue to prove that there is no health crisis associated with vaping. In the meantime, researches and vaping organizations will continue to spread factual information about the realities of vaping.

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Research Suggests Flavored Vape Products Aren’t Responsible For Teenage Usage

Over the last few years, the CDC and other government organizations have released information indicating there is an ‘epidemic’ involving teen vape users. Many of these reports suggest that the number of teens who vape is increasing rapidly, resulting in a health crisis. 

Recent reports of vape related lung damage have continued to push this narrative. As a result, several places in the United States have banned flavored vape products in hopes that this will make people –especially teens– less likely to vape.

However, research has proven there is no such epidemic. New information also suggests that flavor options are not to blame for enticing teens to vape. A new study has shown that teens who are regular smokers are most likely to vape. Only about 1% of teens who are not regular smokers have tried vaping. 

Although there’s no doubt that teens smoking and/or vaping is a serious issue that should be addressed, it’s important that false narratives don’t get used as a way to address this problem. 

The Vapor Technology Association (VTA) is urging government officials “to limit the marketing of tobacco products while still making them available to the millions of adult smokers in America.” Others have suggested changing the legal age to purchase tobacco from 18 to 21 and harsher punishments for those who sell vape products to underage users. 

Although the perfect solution hasn’t been implemented yet, one thing is for sure: a strict flavor ban could result in more harm than good. Limiting adults access to vape products means that smokers will have one less option when trying to quit.

Many smokers who have transitioned to vaping believe the decision has saved their lives. They also believe that their lives could be at risk due to the CDC’s inaccurate information as well as flavor bans and added restrictions on other vape products. 

Debbye Saladine-Thompson, who smoked for 35 years before switching to vaping told U.S News “I cannot trust an agency that says the product that I and so many people have been using for 10 years and hasn’t caused one death is now causing hundreds of illnesses. No, I do not believe that.”

As trust in both legislation and the CDC continues to decrease, researches and vape enthusiasts will continue to push the truth to the forefront. 

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Getting Familiar With Tranquil Earth – What Is CBD?

What is CBD?

Cannabidiol (CBD) is a naturally occurring chemical compound found in hemp and is known for three main medical benefits; anti-inflammation, anxiety and stress relief, and natural pain relief. This supplement is non-psychoactive and will not get you “high.”

CBD has been shown to support the proper functioning of the Endocannabinoid System (ECS) inside your body. The endocannabinoid system is one of science’s newest discoveries and opens a window into the physiological processes of the body including pain-sensation, mood, memory, inflammatory responses, and even cognitive function.

Since the ECS is responsible for your body’s response to pain, most cases of people suffering from chronic pain have an insufficient supply of cannabinoid to control the endocannabinoid system. This explains why CBD is so effective for such patients and why so many people find relief in routine CBD use.

Potential Treatment of:

  • Pain (chronic, neuropathic, cancer-related)
  • Anxiety
  • Epilepsy
  • Depression and other mental illnesses
  • PTSD
  • Sleep Disorders
  • Inflammation
  • Rheumatoid Arthritis
  • Gastrointestinal Issues
  • Glaucoma
  • Fibromyalgia
  • Migraines
  • Substance Abuse/Withdrawal

Concentration and Dosage

Every person is different and may require a different dosage. We suggest 1 ml a day to start.


Concentration Levels

  • Each 150mg, 30 ml bottle= 5mg per ml = 30 servings (of 5mg CBD)
  • Each 500mg, 30 ml bottle= 16.6mg per ml = 30 servings (of 16.6mg CBD)
  • Each 1000mg, 30 ml bottle = 33.3mg per ml= 30 servings (of 33.3mg CBD)

CBD Intake Options

As a Tincture – Our product can be ingested daily orally by placing drops under your tongue for 20 seconds. It can also be mixed in with cold food or drink. Tinctures are the most potent in terms of dosage precision as you can easily increase or decrease your dosage by the drop.

As a Vape – Vaporizers heat the CBD liquid so that it can be inhaled like an e-cig. The inhaled vapor enters your bloodstream through your lungs and can quickly produce results.

CBD is intended for adult use only.
Our products have not been evaluated by the FDA. They are not intended to diagnose, treat, cure, or prevent any disease.