Pax Labs

History and Evolution of Pax Labs

• In 2005, Adam Bowen and James Monsees developed the e-cigarette called Ploom.
• Ploom was founded in 2007 and relied on private investors for funding.
• In 2011, Japan Tobacco International invested $10 million in Ploom.
• Ploom changed its name to Pax Labs and bought out JTI's share, retaining the rights to the Pax product.
• PAX 1, PAX 2, PAX 3, and PAX Era were released, each offering improvements and new features.
• Pax Labs closed a $420 million equity round in April 2019, valuing the company at $1.7 billion.

Introduction to Juul

• Juul is a type of e-cigarette introduced by Pax Labs in June 2015.
• It uses nicotine salts found in leaf-based tobacco as its key ingredient.
• The e-cigarette is shaped like a USB flash drive and recharges using a magnetic USB deck.
• Each Juul pod contains about the same amount of nicotine as one pack of cigarettes and delivers approximately 200 hits.
• Juul attempts to deliver a nicotine peak in five minutes, similar to a traditional cigarette.

Pax Vaporizers

• PAX 1 was the first dry herb vaporizer released by Ploom in 2012.
• PAX 2, released in 2015, featured a smaller design compared to the original device.
• PAX 3, released in 2016, allowed the use of both dry herbs and cannabis concentrates and offered improved temperature adjustability.
• PAX Era, released alongside PAX 3, was the first cannabis vaporizer to use proprietary PAX Pod cartridges.
• PAX Era Pro, an update to the original Era model, features ExpertTemp technology, pod memory, haptic feedback, and a UL-certified battery.

Pax Labs Leadership and Expansion

• Tyler Goldman became the CEO of Pax Labs in August 2016.
• Bharat Vasan served as CEO from February 2018 until September 2019.
• Bowen, Monsees, and Goldman left Pax Labs in 2017.
• Pax Labs distributes products in the United States, Canada, Germany, Spain, France, and the United Kingdom.
• Pax Labs signed agreements with Canadian pot stocks to supply cannabis extracts for its PAX Era system.

Juul's Impact, Health Concerns, and Comparison of Pax Vaporizers

• Juul has been effective in helping people quit smoking and has gained widespread popularity.
• Vaping and Juuling pose threats to teen and pre-teen health, raising concerns among health professionals.
• Vaporizer Wizard has compared the Pax 2 and Pax 3, and Vaping Daily has reviewed the Pax Era.
• The official Pax website provides information on the Pax 3 and the Pax Era.
• Pax Labs is associated with Discount Vape Pen and offers further details on their products on their website.

Pax Labs Data Sources