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E1011 Labs' mission is to revolutionize a new consumption method for cannabinoid wellness.
E1011 Labs is looking to revolutionise the cannabinoids consumption market. Their heating technology solution claims to offer faster, cleaner delivery of cannabis at lower dosages than oils, gummies, and vapes - all using eco-friendly cartridges containing CBD-rich hemp flowers.
E1011’s heat-not-burn technology has come at a time when the system is receiving a warmer welcome than back when it was introduced for tobacco cigarette alternatives. The heat-not-burn market at large is seeing remarkable growth after vape-related lung illnesses put vapes under tighter scrutiny, and the popularity of smokeables began to drop off. So E1011’s product aligns them neatly with growing trends in a rapidly-developing space.
Other aesthetically well-curated brands like Omura, however, are taking an identical tack. This may not prove a substantial stumbling block for E1011, however, as we saw with the rise of vaping that there’s sufficient space in this kind of market for multiple high-profile brands with a distinct following. Moreover, there’s much to play for still in this relatively young sector. E1011’s offering is market-savvy, and well branded - they will certainly prove an interesting company to watch.
Kirsty
Company Specialist at Welcome to the Jungle
Charles Wong
(Chief Evangelist)Co-founder at Seek Inc., who is currently a seed investor at maude alongside working as a Supply Chain Director at S10 Labs.