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LIVINGSTON, N.J. – LOGIC Technology Inc. held its first annual electronic cigarette summit on Oct. 24-27, bringing retailers, industry experts and sales executives together from around the United States. Participants had the opportunity to learn about key industry dynamics, regulatory updates, and the successes of their peers in regards to e-cigarette sales, the company said.
"We are excited to have debuted and hosted what will become an annual event, allowing industry insiders and retailers to meet, discuss and maximize the opportunities offered within this rapidly growing category," said LOGIC President Miguel Martin. "This summit serves as a great forum to inform our trade partners about new ways to reach their adult consumers."
Goldman Sachs analyst Judy Hong presented an industry overview, while Thomas Brant, executive director of the National Association of Tobacco Outlets, provided a regulatory and tax update. Martin also gave a presentation and reviewed reports on industry-best practices from leading national retailers.
"It is impressive and important that leading e-cig company LOGIC brought together all of these resources, allowing retailers to make better decisions about a category that is critical to our profitability," said one retailer, according to the announcement. "It tells me a lot about who my partners are as I move forward in successfully managing this high margin product."
Livingston, N.J.-based LOGIC Technology is a manufacturer of electronic cigarettes that are designed to simulate the feeling and taste of a traditional cigarette.