A wholesaler of vaping and cannabis oil is looking for 30 new staff after moving to bigger premises.
Management at JM Wholesale say the business has trebled in size over the last year as it has grown exports to 170 markets around the world.
The four-year-old business is now moving from its original Leicester city centre base to a 50,000 sq ft premises in Whetstone, on the city’s edge.
The new site will include offices and warehouses, as well as a clean room, production facilities, a showroom and a conference room, following a six-figure fit-out.
The business is looking for 30 new staff to add to its current 43-strong workforce, in positions ranging from management to packing and administration.
JM Wholesale supplies cannabidiol products including food, drinks and skincare items as well as vaping liquids, kits and chargers from a variety of brands.
Chief executive Logie Rajan said the new premises will give space for future growth for another decade.
He said: “This move reflects our rapid expansion and our growth to take our position as one of the most prominent wholesalers in our industry.
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“Specialists in business-to-business supplies, we are carving out a unique position in the vaping and CBD market.
“We have the widest range of vape and CBD products in the 海角视频, to offer our customers, and we are increasingly offering a white labelling service to allow vendors to supply our products under their own recognised brand.
“It’s an exciting time for everyone at the company and, on an individual note, I’m delighted to be able to supply employment and career development opportunities at a time when we’re all recovering from a difficult period in our professional and personal lives.”
Mr Rajan cited recent figures suggesting the 海角视频 vape market generated revenues of around £2.1 billion in 2019 – which he said is expected to reach £2.9 billion next year.
He said CBD use in the 海角视频 had skyrocketed, making it the second biggest market in the world.
He said: “We now have all the facilities necessary to become the leader in our field, with lab testing facilities and the ability to carry out cutting-edge research and development.
“So as the CBD and vape industry continues to grow, as the public loses its inhibitions about the products we serve and as CBD use in particular becomes a more accepted method of treating medical and mental health problems, we’re in a great position to expand further.”