Uncertainty in the Vaping Industry Decreases With More Good News From VapeRanger Partners
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As vape regulations continue to evolve, things sometimes seem to only get more difficult as time passes. But then VapeRanger vendors like Charlie’s Hondings Inc. report incredible revenue growth of 34% for the third quarter of 2021. A feat that may seem unlikely due to the current legal environment in the industry.
Charlie’s Holdings is one of VapeRanger’s vendors and business partners who manufacture and distribute important brands like Pachamama E-Liquids and Charlie’s Chalk Dust.
Top-Selling Charlie’s Holdings Products On VapeRanger
You must recognize Pachamama for their enticing fruity mixes like their Fuji Apple Strawberry Nectarine e-Juice:
You can find it in 60ml bottles and three different nicotine potencies: 0mg, 3mg, and 6mg.
Or the gummy-flavored Wonder Worm e-Juice by Charlie’s Chalk Dust:
You can also find Wonder Worm in 60ml bottles and the same three nicotine potencies as Pachamama products: 0mg, 3mg, and 6mg.
Who Are Charlie’s Holdings?
An industry leader in the nicotine and vaping space on a global scale. Charlie’s Holdings distribute their products to select distributors like VapeRanger who then offer the product to you at incredible wholesale prices. They are recognized for having brands with enticing fruit-flavored formulas like Pachamama E-Juice and other more innovative flavor combinations like Charlie’s Chalk Dust. They also have hemp-derived product brands that cater to the legal cannabis market.
The News
As reported by Yahoo! Finance, the company announced its financial results for the third quarter that ended last September 30th, 2021. Report that announced an “increase in revenue, gross profit, and operating income” in comparison to the same quarter of the previous year.
The results for Q3 of 2021 included a revenue increase of 34% from a previous year with USD $5.2 M, a gross profit increase of 31% from a previous year of USD $2.9 M, operating income with an improvement of USD $1.3 M in comparison to the $0.4 M of the previous year, and a net income improvement to USD $9.9 M over $3.1 M reported the previous year.
This announcement along with a few other key business highlights that included company board changes and PMTA submissions for products that are still active. Which is consequent with Charlie’s Holdings’ stand on being a fully-compliant company with youth prevention strategies and other regulatory requirements.
The company also demonstrates its commitment to regulatory compliance by launching a series of vape products that qualify as tobacco-free nicotine items. Even making it onto our top-selling TFN disposables with the Pachamama Synthetic Disposable Vape Pen:
We offer the item as part of a 10-pack box, nine different flavors, and a 50mg nicotine strength by volume. Each device offers approximately 1,200 puffs per unit and comes with a 700 mAh integrated battery.
That said:
Charlie’s Holdings is a great example of how companies in the vaping industry can get back to operating profitability and revenue growth. Even after a difficult two years where regulations and pandemic-triggered issues have posed difficult challenges to overcome.
