Price of Smoore's stock was initially priced at $1.61(USD), and in a short span raised it's overall value to almost $22 billion USD. The company manufactures for popular brands like Renova, CCELL, and the crowd favorite Vaporesso. As one of the industry's oldest manufacturers, Chen Zhiping founded the company in 2006 and is still 1/3 owner, CEO, and chairman of the board. He is now an instant billionaire.

Over the past few years, Smoore has centered it's focus towards atomizer tech, primarily ceramic heating elements used for CCELL cannabis oil vape devices.

The company has a solid grip on the vape product sales, covering 16.5 percent of the worlds market in 2019. What's even more astounding is Smoore has achieved a compound annual growth of 120% for three consecutive years. An amazing feat in any industry.

Smoore generates sales in literally every vape market across the globe, and provides a wide range of products which enabled them to take the top spot of most valuable vaping company. This spot was previously held by JUUL labs who now only sells the JUUL device and a few flavor pods. This is likely due to the flavor pod ban enacted in late 2019, making sales of any pre-filled pod with flavoring other than tobacco and menthol illegal. This was a huge blow to JUUL due to the majority of their market preferring flavors that won't remind one of a cigarette.

FEELM is a company under Smoore to keep an eye on. Their patented coil technology is far from an ordinary cotton or ceramic coil you would see from the vape industry's most popular brands like Smok and Voopoo. It's safe to say with a estimated value of over $200 billion USD, any company under Smoore's umbrella is going to have a growing force in the marketing in the following years.