CEO Of Popular Marijuana-Vape Startup On Changing The Industry

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  • Published on Mar 4, 2019
  • Pax Labs CEO Bharat Vasan says that nothing in consumer packaged goods in the next 50 to 100 years will be bigger than marijuana.
    Pax Labs CEO Bharat Vasan says the Pax Era - which is used for cannabis oil - is the fastest growing part of the business. Vasan says it has a Keurig-type model. Pax produces the vape pens and the empty pods and its partners fill the pods with cannabis oil and distribute them.
    Vasan says the company is currently raising its first price round since splitting from its sister company nicotine-vape firm Juul. Juul has since reached a $38 billion valuation based on an investment from Altria in the company in December of last year.
    Pax has received equity financing from institutional investors such as Tiger Global and Tao Capital.
    When asked about a possible IPO in 2019, Vasan said that they would like to list on a US exchange. He feels that American companies are leading the way in cannabis. But as Canada has gone through this wave of legalization there are American companies listing in Canada. Vasan hopes that Pax can be an American company listing on a US exchange and adds "maybe sometime this year, maybe next year, we'll see."
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    CEO Of Popular Marijuana-Vape Startup On Changing The Industry

Comments • 96

  • Justin Case
    Justin Case 7 months ago

    Such a shame that UK entrepreneurs are being left behind and excluded from this new industry. I would love to get involved in the cannabis industry, having been a grower and consumer for years. Unfortunately, however, by the time the UK legalises, the market will be dominated by more established brands and products from the US, Canada and other nations that are taking the lead. I wish this company great success, vaping is definitely going to play a huge part in the cannabis market. I love to vape oil over flower, and over smoking, but it is very difficult to obtain here in the UK unless you make it yourself, and even then you are generally limited to sativa strains, which almost exclusively dominate the illegal market, unless you also grow your own, and I don't fancy having my front door taken off its hinges by the police again anytime soon, especially now that I have children! This does really look like a great and convenient product and I could certainly see it appealing to new and returning consumers, particularly with the easy of use of the pods, and the 'Juul' inspired design. This is definitely a winner and I can only hope that I will get the opportunity to try one sometime soon!

  • СПОСОБ ЗАРАБОТКА ОТ 5500 РУБ В СУТКИ

    Расскажy как дeлать70 дoллapoв за сyтки. Подpoбности на кaнaлe.

  • Platinum Bugatti
    Platinum Bugatti 8 months ago

    Xmax pro gang wya?

  • John B
    John B 8 months ago

    Weed Juul

  • Saleh Hashmi
    Saleh Hashmi 8 months ago

    Pax is worth 35 billon ... as the products are shit. It a similar company to Apple... expensive crap

  • Lavalambtron
    Lavalambtron 8 months ago

    Can we have it for other drugs?

  • CLOUD
    CLOUD 8 months ago +2

    one of them cost $249.00 so either a playstation 4 or a pipe

  • Da Wae
    Da Wae 8 months ago

    Why all these mudahfuckkas look and talk da same ma brudahhas I don't understand why buy de dangerous marijuana

  • Jeremiah E
    Jeremiah E 8 months ago +1

    I got my pax 3 a year ago and i love it. 10/10 would recommend

  • Super Lokar
    Super Lokar 8 months ago

    Are we seriously discussing cancer here?

  • the commenter
    the commenter 8 months ago +10

    Not interested until I can vape lettuce

  • Daniel Spurman
    Daniel Spurman 8 months ago +5

    In this industry I did my first 7 figure last year ;)

    • Dylan Martin
      Dylan Martin 8 months ago

      doomtomb3 are you against marijuana or just vaporizers

    • doomtomb3
      doomtomb3 8 months ago

      Dylan Martin buy his book or go to his seminar to find out

    • Dylan Martin
      Dylan Martin 8 months ago +1

      TheCookingNerd how so?

    • TheCookingNerd
      TheCookingNerd 8 months ago +1

      Daniel Spurman your killing people, congratulations!

  • Jsjab Jsjwjw
    Jsjab Jsjwjw 8 months ago +2

    The problem is the following:
    pax3 isn't even a good Vaporizer and it costs a lot. probably the most people will start with a good and cheap fenix and stay on these brand. The side that wants to spend much money will buy a storz&bickel device.

  • Crazy KING
    Crazy KING 8 months ago +2

    Hope we find this in India

  • 제이슨신
    제이슨신 8 months ago

    Can iBend?

  • Michael T
    Michael T 8 months ago +2

    Pax sucks. Cheap device. No clouds.

  • G-stack Paid in USA
    G-stack Paid in USA 8 months ago +1

    Shut up and take my money 😂

  • mhill
    mhill 8 months ago +3

    When’s the last time anyone has ever said “this is the Android of (anything)”?

  • Jade Bop
    Jade Bop 8 months ago

    This is horrible man

  • sly786
    sly786 8 months ago

    Pax sucks

  • Kelsey Hoover
    Kelsey Hoover 8 months ago +1

    $250 for a Pax 3 device...

    • John B
      John B 8 months ago

      Kelsey Hoover yikes

  • Jamal Cole
    Jamal Cole 8 months ago

    Too bad I've been thc free for two years. Still have a green thumb though.

  • Aaron Williams
    Aaron Williams 8 months ago +2

    Watching corporatist talk pot is a downer 🙁

  • Divin Varghese
    Divin Varghese 8 months ago +2

    Real life Kumar!! Haha

  • Nash
    Nash 8 months ago

    Garbage

  • Goa
    Goa 8 months ago

    Love your content .Keep em coming

  • Lavesh Patel
    Lavesh Patel 8 months ago +5

    Indians are Great..........

    • Deceased Fatality
      Deceased Fatality 8 months ago

      virtual_ninja_ yeah sry I just don’t like ppl getting so proud over some small shit

    • Lavalambtron
      Lavalambtron 8 months ago

      But there are races where certain traits are more common, sometimes culture also plays a part.

    • Harshh Gupta
      Harshh Gupta 8 months ago

      Lavesh Patel it is on individual level not any race

    • virtual_ninja_
      virtual_ninja_ 8 months ago +4

      @Deceased Fatality please mind your language and I know that he is wrong ... everyone is great but still speak kindly

    • Deceased Fatality
      Deceased Fatality 8 months ago +2

      No Indians are street shitters that are lucky we let them into the west. All they do is smell here now

  • TheExplorer
    TheExplorer 8 months ago +13

    I hate open offices, so distracting to work there.

  • Tom
    Tom 8 months ago

    Snoop probably invested in that hoe

  • Jt Jt
    Jt Jt 8 months ago +2

    Tbh the pax doesn’t get me high no pax does

  • William Almendarez
    William Almendarez 8 months ago

    FBI enters chat

  • Sebastian Vettel
    Sebastian Vettel 8 months ago +10

    Great China will make it cheap

  • Me Tube
    Me Tube 8 months ago +1

    They got my money

  • DarkCalibur
    DarkCalibur 8 months ago

    you should put attention on your product for people who would unintentionally bringing it, e.g on vacation, to country that still ban weed because they might be put into penalty of jail or even death. it really still happening today e.g for people bringing cannabis oil

    • Mario A
      Mario A 4 months ago

      DarkCalibur how old are you? Why not just be an adult with sane judgement and leave questionable devices and medications out of your suitcase-like you know; be a self aware grown up when traveling to a foreign country.

    • Jhovan
      Jhovan 8 months ago +1

      It's the individual that needs to take precautions. If you're travelling you should respect their customs and laws of the destination
      You can't have someone holding your hand for life

  • Admiral Kizaru
    Admiral Kizaru 8 months ago +21

    Wasnt something like PAX the standard desease name in Plague Inc.

  • Minien
    Minien 8 months ago +3

    Disgusting. Disliked, and you druggies need to get help.

    • Mario A
      Mario A 4 months ago

      Your psyche doctor is probably smoking weed when YOU are not around.

    • radishbroccolibeets
      radishbroccolibeets 8 months ago +4

      nah fool, you do. educate yourself before you look like a clown

  • Rich Mahogany
    Rich Mahogany 8 months ago

    Sorry Bharat I'm an Arizer man.

  • Roger Nguy
    Roger Nguy 8 months ago +1

    I want one

  • RockTheBells
    RockTheBells 8 months ago +1

    I took my pax pen to Africa and it saved my trip 😂

    • gt3rs
      gt3rs 8 months ago +1

      RockTheBells lmao that’s awesome.

  • brady50429
    brady50429 8 months ago

    Bunch of weed addicts

  • Monsee
    Monsee 8 months ago +6

    lets see how fast this ends up on the news that kids are vaping weed with this vape

  • Rames Gonzalez
    Rames Gonzalez 8 months ago

    I see an american vision.

  • Kapimir
    Kapimir 8 months ago

    This guy is so high , he drinks lots of water 🤔

  • Maui Michelle
    Maui Michelle 8 months ago +7

    Love my Pax3. You can actually use the dispensary shake to vape and use the Decarb for butter, and make yummy brownies. Nothing is wasted except you. I have the kit && discovered that the keychain is actually a tool to help pack and losen the chamber.

  • James Clarke
    James Clarke 8 months ago

    What’s an IPO

    • Jeff Mangum
      Jeff Mangum 8 months ago

      ^ when a company becomes available to public investors

    • Prince Ataya
      Prince Ataya 8 months ago

      James Clarke Initial Public Offer

  • Mad max
    Mad max 8 months ago +1

    I have two pax 3s they are pretty 🔥🔥🔥

    • virtual_ninja_
      virtual_ninja_ 8 months ago

      Are they injurious to health

    • dog sand
      dog sand 8 months ago

      what's the point in having two

  • Xx_illuminati_xX
    Xx_illuminati_xX 8 months ago +87

    I haven't heard or seen a single one of those in my entire life

    • Andy Wong
      Andy Wong 8 months ago +4

      I saw a group of teenagers using this thing on beach, and i live in alabama

    • ForgottenOnes
      ForgottenOnes 8 months ago

      I have my fwb has one

    • Joe
      Joe 8 months ago +2

      Only Californians know

    • Dima Kh
      Dima Kh 8 months ago +4

      Ive was introduced to it back in highschool lol, I am Canadian tho

    • gt3rs
      gt3rs 8 months ago +4

      C.I.A The Central Intelligence Agency oh please it costs about 80 to get started. That’s some broke boi stuff right there.

  • needtoknow204
    needtoknow204 8 months ago

    I going to try these products!

  • Aequitas
    Aequitas 8 months ago +4

    Smartvape

  • Eli Wallace
    Eli Wallace 8 months ago +19

    Tell them to go public!

  • _Bob McCoy
    _Bob McCoy 8 months ago +1

    *_Vape Naysh_*

  • Steve0 ‽
    Steve0 ‽ 8 months ago +82

    **Snoop Dogg enters the chat**

  • -4 Subscribers with a hammer addiction

    Oh great another Juul...

    • Nice Shot
      Nice Shot 8 months ago

      Pax invented the Juul

    • dead boy
      dead boy 8 months ago

      @The Wall bang master PAX made juul is it hard to undersatnd or you reading it wrong

    • dead boy
      dead boy 8 months ago +1

      @The Wall bang master bruh these were before juul it's more like a nicotine PAX instead of the other way around

    • The Wall bang master
      The Wall bang master 8 months ago +7

      A weed Juul a step in the right direction

    • C.I.A The Central Intelligence Agency
      C.I.A The Central Intelligence Agency 8 months ago +2

      Ju-ju-ju-ju-juuuull

  • Duy Le Anh
    Duy Le Anh 8 months ago +13

    The "Iphone" of vape? So it is garbage? Interesting

    • gt3rs
      gt3rs 8 months ago

      Duy Le Anh says the simpleton

  • Will Chatman
    Will Chatman 8 months ago +17

    I want an internship