Signature E-Cigarettes aka SigECig.com is a luxury brand of disposable e-cigarette products. We manufacture and supply high end stainless steel disposables, elegant rechargeable starter kits, and wickedly delicious cartridge refills available in 5 flavors: Classic Tobacco, Premium Menthol, Signature Crown Tobacco, Signature Vanilla, and Signature Red Energy Blend (Red Bull).
I happen to have the same manufacturer as the #1 Brand of ecig in the UK- SKYCIG which was recently purchased by Lorillard (owner of Newport and Blu Cigs in US) for over $100M. The facilities were thoroughly inspected for quality, and the products themselves have hundreds of thousands of customers across the UK. While Lorillard has exclusive distribution rights in the UK, I have the ability to sell these products in the US under my own brand.
We have a unique opportunity to build a brand in an industry that is witnessing explosive growth. Bonnie Herzog- the managing director of beverage, tobacco, and convenience store research for Wells Fargo Securities says that e-cigarettes will outpace the Tobacco Industry over the next 10 years. That means that ecig sales will rocket from $2Bn to over $80Bn by 2024. This will give me and my cofounder the chance to become an attractive acquisition target in the next 18 to 24 months. Recently the FDA released their proposal for ecig regulations, and they are quite favorable for reputable e-cigarette companies like ours. The FDA will not prohibit the internet sale of ecigs, or limit flavors. This is a huge win.
I am looking for a cofounder/ investor with a background in marketing and e-commerce. I have already invested over $16,000 of my own money into securing manufacture, website design, product design, packaging, and initial inventory.