Turning Point Brands

Turning Point Brands, Inc. is a manufacturer and marketer of a diverse range of tobacco and tobacco-related products in the United States. The company operates through three main segments: Smokeless Products, Smoking Products, and New Generation Products. Its Smokeless Products segment includes moist snuff tobacco and loose-leaf chewing tobacco, while the Smoking Products segment offers items such as premium cigarette papers, make-your-own cigar wraps, and cigars. The New Generation Products segment encompasses liquid vapor products and tobacco vaporizer devices. Among these segments, the Zig-Zag product line, which is part of the Smoking Products segment, generates the highest revenue for the company. Through its comprehensive portfolio, Turning Point Brands caters to various consumer preferences within the tobacco market.

Lawrence S. Wexler

President and CEO

7 past transactions

Old Pal

Convertible Note in 2021
Old Pal is a California-based cannabis company established in 2018, specializing in the cultivation, packaging, and distribution of cannabis flower for both recreational and medicinal use. The company produces and markets three primary cannabis varieties: Indica, Sativa, and Hybrid. Old Pal's business model focuses on providing high-quality, consistent products at an affordable price point, targeting a broader consumer base beyond traditional cannabis culture. It achieves this through strategic industry partnerships, culture-focused design, and marketing, aiming to create a communal brand that is accessible and relatable. The company distributes its products through a network of distributors and stockists across multiple states.

Docklight Brands

Series A in 2021
Docklight Brands is a consumer packaged goods lifestyle company based in Seattle, Washington, specializing in cannabis and hemp products. Established in 2019, the company produces and distributes a diverse range of offerings, including beverages, skin care products, chocolates, smoking accessories, and edibles. Through its various brands, Docklight Brands aims to provide consumers with the social and wellness benefits associated with cannabis and hemp, catering to a growing market interested in these alternative products.

dosist

Corporate Round in 2020
Dosist is a health and wellness company that specializes in developing proprietary vaporizing dose-pens designed to deliver safe and effective cannabis-based therapies. Founded in 2016 in California, Dosist initially operated under the name "hmbldt" before relocating to Los Angeles. The company focuses on providing precise, dose-controlled cannabis solutions for adults aged 21 and older, emphasizing the importance of dosage in their product development. Through its innovative precision wellness technology, Dosist enables users to experience the benefits of cannabinoid-based therapy in a consistent and predictable manner. The company has received recognition for its contributions to the industry, including being named one of TIME Magazine's Top 25 Inventions of 2016 and a finalist for the Fast Company World Changing Ideas Awards.

Solace Technologies

Acquisition in 2019
Solace Technologies is a company dedicated to the development of nicotine-based solutions specifically for electronic vape devices. It specializes in producing nicotine supplements aimed at both domestic and international markets, with the goal of providing alternatives to traditional combustible cigarettes. Through its innovative approach, Solace Technologies seeks to address the growing demand for safer smoking alternatives while promoting reduced harm associated with conventional tobacco products.

International Vapor Group

Acquisition in 2018
International Vapor Group, Inc. is a manufacturer and retailer of electronic cigarettes and related accessories based in Miami Lakes, Florida. Founded in 2012, the company specializes in designing, marketing, and distributing a diverse range of vaping products, including vaporizers and e-liquids. International Vapor Group operates under various recognized brand names, such as VaporFi, South Beach Smoke, Eversmoke, Optima, and Vapor Zone, making its offerings accessible through both online platforms and retail locations. The company aims to provide adult consumers with alternatives to traditional smoking, focusing on high-quality products that incorporate the latest technology to enhance the vaping experience. As of September 2018, International Vapor Group operates as a subsidiary of Turning Point Brands, Inc.

Vapor Supply

Acquisition in 2018
Vapor Supply LLC is a B2B e-commerce marketing and distribution platform that caters to vapor stores across the United States. Established in 2015 and headquartered in Oklahoma City, Oklahoma, the company operates as a subsidiary of Turning Point Brands, Inc. Vapor Supply specializes in the distribution and wholesale of vape products, while also manufacturing and marketing its own proprietary e-liquids under the DripCo brand. In addition to its distribution services, Vapor Supply operates eight company-owned stores within the Oklahoma market area, further enhancing its presence in the vapor industry.

Vaporbeast

Acquisition in 2016
VaporBeast is a manufacturer and distributor of innovative electronic cigarettes and related products, based in Carlsbad, California. The company specializes in a diverse range of offerings, including e-liquids, vaporizers, and various accessories. VaporBeast also operates an e-commerce platform that facilitates retail distribution through non-traditional channels, allowing clients to access high-quality smoking products. With a focus on providing cutting-edge vaping solutions, VaporBeast aims to cater to the evolving needs of consumers in the vaping market.
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