Vape Giant PAX Labs Picked 4 Popular Companies As Its Canadian Supply Partners
The PAX Era aims to be the go-to vaping device in Canada
San Francisco-based, PAX Labs, a vaporizer powerhouse and the company that developed the extremely popular Juul device that was spun out in 2017 via Juul Labs, announced on Friday that 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. The PAX Era aims to be the go-to vaping device in Canada, assuming Health Canada does indeed legalize new forms of consumption by this coming October.
The four companies chosen to partner with PAX Labs were Aurora Cannabis (NYSE: ACB), Aphria (NYSE: APHA), OrganiGram Holdings (NASDAQ: OGI), and The Supreme Cannabis Company (NASDAQOTH: SPRWF). You’ll note that the largest marijuana stock by market cap, Canopy Growth, and one of the more controversial pot stocks, Tilray, are notably absent from this partnership.
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