10 Acquisition International - Issue 10 2022 Voopoo, to name a few. The company’s devotion to the industry truly shines through its Vape & CBD Whitelabel service launched in 2019. This means that not only can JM Wholesale produce cutting-edge, new products, but they can also offer bespoke options for any item. Whitelabel Business Development Manager, Duncan Wood, testifies, ‘“Innovation is at the heart of manufacturing; therefore, we have invested significantly in our R&D (research and development) capabilities. Our R&D team consistently take on new challenges to innovate new products and methods of production. “Our wide range of products coupled with the infrastructure of our wholesale platform allows us to provide our clients with a “OneStop-Shop.” From bespoke formulations, branding and label design to marketing and distribution, its customers have a huge advantage when sourcing unique products that fit their brand and pushing those amazing products on our distribution network.” It is clear to see that the vape market is booming – especially in the UK, where the NHS has promoted it as a way to quit smoking. Henceforth, the UK vaping market is expected to grow by USD 1.20 bn from 2020 to 2025 at a compound annual growth rate of 13%, and the global market is set to increase to USD 182.84 billion by 2030. In accordance with this trend, JMWholesale’s turnover has doubled year-on-year, with this growth being projected to extend through 2023 and beyond. Of course, much of this success also stems from the excellent reputation the company has gained. Duncan states, “At JMWholesale, we pride ourselves on our top-quality customer service and account management. We have a team dedicated to make sure that from the moment an order is placed, our customers can rest assured that orders will be picked, packaged and delivered on time meeting all expectations. Our team are readily available throughout the day to answer any question surrounding orders, our products or services.” As JM Wholesale continues to raise the bar for the industry, they are working towards expanding both their range and their premises. For example, this year, the company will be introducing its inhouse lab testing department, which will serve as the final step towards making JM Wholesale a fully comprehensive solution for manufacturing needs. They plan to continue pushing the boundaries for the market, further bolstering their evolution into a global leader for CBD and vape products. Contact: Logie Rajan Company: JM Wholesale Ltd Web Address: https://jm-wholesale.co.uk/ JM Wholesale awarded Best CBD Distributor & Manufacturer, 2022. M Wholesale’s bespoke manufacturing service was launched in 2020. Now featuring the widest variety of available product types in the industry. Including oils, capsules, supplements, dried fruits, gummies, cosmetics, disposable vapes, and more. Almost any product can be created through their Whitelabel service. JM have partnered directly with the EIHA (European Industrial Hemp Association), the only pan-European membership organization in the industrial hemp sector. This ensures that their customers are fully up to date with the industry, and they do not have to be concerned about compliance and regulation. They are also the only UK wholesaler to participate in the FSA’s novel food submission process and one of the earliest manufacturers to have their products accepted and listed on the FSA’s website. The UK CBD market generated over £690 million in annual sales in 2021, which is more than double the £314m sales from 2020. This market is also projected to reach £1bn by 2025. This is a very new and fast-growing industry, which JM are extremely excited to play a large part in. JM Wholesale’s CBD Dropshipping service was launched in 2019 and has been growing exponentially since then. It has over 500 Dropshipping websites connected, and these partners all have access to their 15000 + products. JM Wholesale is a well-established business within the CBD sector and, thanks to their diverse range of products, they have quickly grown into a market leading position. Many of these products are handpicked by their dedicated brand development team. Over the past few years, JM Wholesale have exceeded the standards set by other distributors and manufacturers – taking compliance to another level. Every product within the JM Wholesale catalogue is fully compliant, with certified lab reports and relevant novel food application numbers. “At JM Wholesale, we are market leaders when it comes to CBD products and currently hold the largest range in the UK. Our customers are assured that by having JM Wholesale as their supplier, we can meet & exceed all of their needs so that they can focus on growing their business,” comments Brand Development Manager, Rob Oakley. Currently boasting the largest inventory of vaping products in the industry, JM Wholesale is home to over 15,000 products that it supplies to in excess of 13,000 trade customers. Such items include popular brands like Elf Bar, Geek Bar, SMOK, Vaporesso, Aspire, and J Jun22095 JM Wholesale is renowned and well established within the CBD sector. The company has quickly risen to become a market leader with the largest range of CBD products available anywhere online. Included in this range are oils, drinks, edibles, supplements, cosmetics, CBD vape and many more. Their dedicated brand development team is at the forefront when it comes to sourcing the best new CBD products. Winning Best CBD Distributor & Manufacturer, 2022, we take a look at the factors that have lead to their success.
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