PR Newswire: AVAIL Divides Into Three Entities

[LoveVanilla]

AVAIL Vapor Divides Company Into Three Separate Business Entities

AVAIL Vapor, LLC, a leading premium e-liquid manufacturing, regulatory and scientific services and retail business, today announced that as of January 1, 2020 the company has divided its operations into three separate businesses. Each company has its own dedicated management team and will be headquartered in Richmond, Virginia.

The three companies are:

Avail Vapor, LLC - Leading vaping retailer located in 12 states and online
Blackbriar Regulatory Services, LLC - Contract manufacturing, FDA compliance consulting and laboratory services
Blackship Technologies. LLC - Research and development services
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"Evolving our corporate structure supports our continuing growth across the multiple segments of our portfolio from vaping, manufacturing, distribution, regulatory services to future markets," said James Xu, former CEO of AVAIL, now Chairman of the three entities. "Due to the increasing importance of our regulatory consulting division at a time when U.S. Food and Drug Administration (FDA) compliance is paramount, we want to drive even greater focus to that area, and also support the individual needs of our customers and clients."

Blackbriar Regulatory Services (BRS) also announced it has entered into agreements with Charlie's Chalk Dust, one of the largest international e-liquid brands and a subsidiary of Charlies Holdings, Inc. (OTC Pink: CHUC), to manufacture a range of its nicotine products and take the lead in submitting a number of those products for the FDA's Premarket Tobacco Product Application (PMTA) process by the May 2020 deadline.