On July 20, 2017, Yaniv Nahon, VP, COO and Secretary of Vapor Group, Inc. was appointed the new President & CEO and Treasurer of the company, and Dror Svorai, former President & CEO of the company resigned as an officer and director of the company and each of its subsidiaries in order to pursue other interests. Simultaneously, Jorge Schcolnik, Chief Financial Officer of the company was named a member of the Board of Directors of the company and Corporate Secretary.
Vapor Group, Inc. is a holding company. The Company operates through its wholly owned subsidiary, VPOR, Inc., a bulk wholesaler of high quality, raw hemp-derived cannabidiol (CBD) in a range of forms that are sold to various manufacturers and distributors nationwide. Its CBD product line consists of full-spectrum CBD oil, crystalline CBD isolate, nano full-spectrum CBD oil and powder. It designs, manufactures and markets vaporizers and electronic e-cigarette brands and custom-formulated high-purity e-liquids. Through its wholly owned subsidiary, Simple Cork, Inc., www.simplecork.com, the Company has developed a new multi-nationally patented combination wine bottle cork/opener. Its products are sold under the Vapor Group, Total Vapor, Vapor 123 and Vapor Products brands. It also intends to acquire and develop a portfolio of proprietary products and services to market, license and sell globally.