On November 5, 2019, Meilleure Health(02327.HK) signed a cooperation agreement with professional atomizer manufacturer Shenzhen Mason Vap Technology Co., Ltd. Based on their respective advantages, the two parties will establish a joint venture company to explore the CBD atomization devices market. Meilleurehealth will be the largest shareholder of the joint venture company to integrate the marketing plan for CBD atomization devices.
Meilleure Health has comprehensive competitiveness and branded marketing capabilities in the industrial cannabis industry. While Mason Vap is an experienced veteran in the production of atomizing devices and has the systematic production capacity. Hence, both parties are expected to integrate their respective competitive advantages and expedite related businesses.
Mason Vap is a manufacturer specializing in the production of electronic atomizing devices, integrating R&D, design, production, sales, and service. Mason Vape Has cooperated with Marlboro, Imperial Tobacco, British American Tobacco, and other renowned electronic cigarette giants. Benefited from a rich industry experience and a sound quality management system, Mason Vap acquired ISO9001, ISO14001, ISO13485, GMP, and other authoritative certification. In addition, Mason Vap also has a US FDA registration certification and has more than 50 patents.
Wang Huajun, the real controller of Mason Vap, is also the founder of Shenzhen YUTO Packaging. YUTO Packaging was successfully listed on the Shenzhen Stock Exchange in 2016. It is a leading provider of high-end brand packaging solutions for dozens of Fortune 500 clients and hundreds of high-end brands, with 53 subsidiaries and 8 branches. The company has production bases in China, Vietnam, India, Indonesia, and other places, and was rated as the top 500 manufacturing enterprises in China in 2019.
The CBD atomizer offers a whole new possibility to fully utilize the health benefits of the CBD. The way of inhaling CBD can be absorbed faster and the bioavailability is higher. In addition, the CBD atomizer is small and portable, and many CBD atomizers have been put on the market out of China. Atomization is a new trend to ingest CBD.
As one of the important methods for exploring CBD health benefits, CBD atomization has great potential. The cooperation between Meilleure Health and the industry-experienced Mason Vape will help to integrate Meilleure Health’s industrial cannabis health application strategy.
Meilleure Health is committed to becoming the world’s leading cannabis health consumer brand, and has established a wholly-owned subsidiary, Rema International Holdings Group, in Hong Kong to fully promote the industrial marijuana strategy. In the future, Meilleure Health will continue to actively promote medicine R&D and downstream applications using cannabinoids as raw materials, and accelerate the investment and building of CBD healthy consumer brands and the global distribution of industrial cannabis.