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Technology Name: Herbal cigarette
Summary: The design of cigarettes has long been associated with numerous health risks, including deaths and cancers that affect many, especially young people. This statement is not intended to encourage non-smokers to start but to offer support to those who wish to quit. This is a patent-applied herbal cigarette, designed not just to replace tobacco but to transform the smoking experience entirely.”
Stage of development: Stage 5
Ownership: A 25-year-old inventor bringing expertise and innovative insights to his domain.
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Industry/Application Area
Healthcare, Wellness, Consumer Goods
Problem Solved
Addresses the global public health issue of tobacco smoking, which is linked to millions of deaths annually due to its addictive and carcinogenic properties.
Solution Overview
Herbal Smoke uses a proprietary blend of herbs scientifically formulated to replicate the sensory aspects of smoking tobacco with real smell and feeling. This provides a pleasurable experience without the health risks associated with nicotine.
Target Market and Market Potential
Targeted at young and adult smokers seeking healthier alternatives, with a significant market potential in regions with high smoking rates and growing health awareness. The global market for smoking cessation and nicotine de-addiction products is expanding, with a projected increase in demand for non-nicotine alternatives.
Possible markets
India, USA, EU Countries, Canada, China, Australia, South Korea
Revenue Model
Revenue through direct sales via online platforms, health and wellness stores, and partnerships with healthcare providers. Additional streams from licensing the formulation to larger tobacco cessation product manufacturers.
IP Status
A PCT and Sri Lankan patent was filed for the unique herbal blend and the specific manufacturing process that preserves the herbs’ natural properties while ensuring product consistency.
Investment/ Collaboration/Funding Sought
Seeking $2 million to enhance R&D, scale up production capabilities, and expand marketing efforts across new geographical markets.
Competitive Advantage
The primary competitive advantage lies in the patent-pending formulation that successfully mimics the tobacco smoking experience and is completely nicotine-free, setting it apart from other herbal cigarettes that may contain nicotine or synthetic additives.
Current Collaborations or Partners
Currently seeking collaboration opportunities.
Project Timeline and Milestones
Key milestones include successful pilot testing, patent filing, and initial market entry. Upcoming goals include expanding market presence in Europe and North America and developing additional flavors by 2025 2028.
Management and Key Team Members
The inventor’s family is seeking investments of approximately 15 million LKR to establish manufacturing operations in Sri Lanka.
Licensing Partners
The inventor is seeking global licensing partners!
Explore this unique investment opportunity to pioneer a healthier future in global smoking habits. Join us in making history.
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