Just another distributor, Ping.Is this the company who makes the Tobeco or a clone of the clone company?
Think in terms of Ping golf clubs, Ping. They own some production facilities, some in Japan, some in Canada, mostly in China, and a very small number of items that they still produce in Arizona. And they also have many pieces produced by companies that they don't own. They contract out production depending upon demand. Final product assembly is done in many different places, mostly China, some in Arizona.
Ping then sells to distributors that then sell to retailers that then sell to consumers.
Same way in e-cigs, same way in watches, same way in automobiles, and same way in every industry.