Founded in 2007 and headquartered in San Francisco, PAX Labs is the leader in portable heat-not-burn, vaporization technology for cannabis users and has achieved shipments of over 2 million vaporization devices to date. PAX focuses on two major product lines: premium extract devices and pods and premium loose leaf / extract vaporizers. The Company sells devices to retailers and empty pods, blank packaging and custom filling machines to brand extraction partners. PAX has widespread distribution, with over 6,000 points of sale, and is available in over 20 countries. The Company is led by an experienced, high-caliber management team with technology, beverage and CPG backgrounds