Pax Labs names a new CEO – Yahoo Tech

removed as CEO, Pax Labs has finally announced a replacement. Michael Murphy will step into the leadership role, as both the CEO and president of the popular cannabis vaporizer company. ” data-reactid=”18″>Five and a half months after Bharat Vasan was removed as CEO, Pax Labs has finally announced a replacement. Michael Murphy will step into the leadership role, as both the CEO and president of the popular cannabis vaporizer company.

Murphy is a finance guy, with experience as the CFO of Diamond Foods and Office Depot, along with a COO role at telecom company NextWave Wireless. Most recently, he served as managing director of management consultant firm, AlixPartners.

$420 million (heh heh) at a $1.7 billion valuable back in April (not quite 4/20), but the vaping industry at large has struggled with concerns over public health and usage among minors.” data-reactid=”20″>Murphy’s predecessor was in the role for around a year and a half, having come to the gig with a consumer electronics background. Pax has certainly been on a solid trajectory in recent years, raising $420 million (heh heh) at a $1.7 billion valuable back in April (not quite 4/20), but the vaping industry at large has struggled with concerns over public health and usage among minors.

Trump administration is readying tighter regulations on e-cigarettes, including ban on flavorings

“As the industry emerges from some tough months, I am excited about the opportunity Pax has to be the leading company in cannabis vaporization technology,” Murphy said in a release tied to the news. “Pax is already the recognized leader in providing premium products that prioritize transparency and customer safety.”

Pax Era Pro, a vaporizer designed to increase transparency around the content of the cartridges being vaped, by way of an NFC tag that identifies ingredients and origins. ” data-reactid=”25″>At CES last month, the company announced the Pax Era Pro, a vaporizer designed to increase transparency around the content of the cartridges being vaped, by way of an NFC tag that identifies ingredients and origins. 

Dodaj komentarz