Pax Labs

Pax Labs (formerly Ploom[2]  and stylized as PAX Labs) is an American electronic vaporizer company founded in 2007 that markets the Pax vaporizers.[3]  The company developed the Juul (pronounced jewel[4] ) e-cigarette; Juul Labs was spun out as a separate company in 2017.[5] [6]

History[править]
The company was founded by James Monsees and Adam Bowen in 2007 under the name Ploom.[2]  As of 2015, it has distribution in the United States and Canada and has received $46.7 million in "series C" funding from various sources.[7] [8]  In August 2016, Tyler Goldman became the CEO of Pax.[6]  Monsees left Pax in July 2017.[6]  Bowen left Pax in June 2017.[6]  Goldman left Pax in 2017.[6] Bharat Vasan served as CEO from February 2018 until September 2019. [9]

The company has been involved with Japan Tobacco International.[2]  It markets the Pax vaporizers,[3]  starting with the Pax by Ploom. As Pax Labs, Inc., the company then introduced the Pax 2, including the following changes: no moving parts to maintain, smaller and lighter, larger oven, and longer battery life. Pax 2 can be used with loose-leaf tobacco or cannabis.[10]  In November 2016, the Pax 3 was released, featuring compatibility with both extracts and plant matter, new tools and accessories, and a complementary smart phone app. The same month, Pax also introduced an extract-based vaporizer called the Era, which operates by heating a concentrated cannabis liquid held in very small containers.<sup id="cite_ref-11">[11]

Pax closed a $420 million equity round in April 2019, which valued the company at $1.7 billion.<sup id="cite_ref-12">[12]  In June 2019, Pax announced it had signed agreements with four Canadian pot stocks to supply it with cannabis extracts, resins, and distillates for its PAX Era pen-and-pod vape system.[citation needed] Those four companies were Aurora Cannabis, Aphria, OrganiGram Holdings and The Supreme Cannabis Company.<sup id="cite_ref-13">[13]

Juul[править]
Main article: Juul



Juul vaporizer

On June 1, 2015, the company introduced Juul, a type of e-cigarette that utilizes nicotine salts that exist in leaf-based tobacco, for its key ingredient.<sup id="cite_ref-Stahr2015_14-0">[14]  They were given a US patent for their nicotine salt preparation in 2015.<sup id="cite_ref-15">[15]  The nicotine salts are said to create an experience more like smoking than other e-cigarettes on the market.<sup id="cite_ref-inc._This_16-0">[16]  The e-cigarette is shaped like a USB flash drive<sup id="cite_ref-enga_Juul_17-0">[17]  and recharges using a magnetic USB deck.<sup id="cite_ref-thev_Star_18-0">[18]  Each cartridge (called a Juul pod) contains about the same amount of nicotine as one pack of cigarettes<sup id="cite_ref-enga_Juul_17-1">[17]  and delivers approximately 200 hits.<sup id="cite_ref-thev_Star_18-1">[18]  Juul attempts to deliver a nicotine peak in five minutes, similar to a traditional cigarette.<sup id="cite_ref-mens_PaxJ_19-0">[19]  Mango is among the five most popular flavors.<sup id="cite_ref-Teitell2017_20-0">[20]  A Juul starter kit sells for about $49.99.<sup id="cite_ref-Wisniewski2018_21-0">[21]  Given the high nicotine concentrations in Juul, the nicotine-related health consequences of its use by young people could be more severe than those from their use of other e-cigarette products.<sup id="cite_ref-GalperGrossman2019_22-0">[22]

In 2017 Juul Labs was spun out of Pax Labs as an independent company.<sup id="cite_ref-Levi2017_6-5">[6]  Tyler Goldman, former CEO of Pax Labs, was named CEO of Juul after the spin-off.