Published: 2025-06-28
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Vape vending machine regulations in Ohio are predicted to standardize within 5 years to a $250 per machine per year permit system, similar to Kentucky.
"From what I hear probably within 5 years they'll do essentially what they do in most states and you'll have a $250 per machine per year permit and then that'll just be what the requirements."
Pending
A vending machine purchased for slightly over $5,000 is projected to generate $40,000 in profit and pay for itself within a couple of months.
"And based on your margins, it's going to make $40,000 off a machine that's only a little over $5,000 to purchase, right? Which is insane. So, it pays itself off in a couple months."
Pending
Ohio's current laws for vending machines are outdated and are expected to change, with a push to reclassify certain items including skill gaming machines.
"So, it's it's a little bit outdated in that sense. Yeah. I'm I'm sure that'll change. Um they're looking at going after a lot of Ohio laws. Skill gaming machines are one of them. There's a lot of a fight to to reclassify a whole bunch of things."
Pending
It is predicted that within 5 years, most states will adopt a standardized permit system for vape vending machines costing $250 per machine per year.
"From what I hear probably within 5 years they'll do essentially what they do in most states and you'll have a $250 per machine per year permit and then that'll just be what the requirements."
Pending
A specific vape vending machine in a well-negotiated location is projected to generate over $60,000 in revenue this year, resulting in approximately $40,000 profit from a machine costing just over $5,000.
"This vending machine does 5,000 a month. Yep. You've obviously negotiated a great location here. It's doing it's on track to do over 5,000 this month. I saw last month it was 3,800 or something like that. And it's it'll be on track to do 20,000 already this year. Yep. So, it's going to do over six based on your numbers. I saw your screen over $60,000 of revenue this year. And based on your margins, it's going to make $40,000 off a machine that's only a little over $5,000 to purchase, right?"
Pending
The discussed vending machines are 'smart,' allowing for remote management of inventory and product image updates via a mobile phone.
"Yeah. So, these are smart machines. So, you can basically do everything from your phone. How much inventory you have, you can change the pictures, change the product images."
Pending
Disposable cameras are currently a popular product in vending machines, especially among college-aged women, and can be acquired cheaply and sold for a significant markup.
"Disposable cameras are really hot. Yeah, you can get them for really cheap, too, and sell them for 30. But right now, like the college girls especially love the disposable cameras."
Pending
A new, cheaper vape vending machine model holding eight products will be available for $2,600, though not yet in the showroom.
"We do actually have a even cheaper unit that only holds eight. We don't have any in the showroom yet. Okay. But it's 2600."
Pending
Video Lottery Terminals (VLTs) remain highly popular in Canadian bars, with a typical setup including four machines.
"The VLTS, they're still huge in Canada because if you have a bar, you know, like the normal thing is you have like four of those."
Pending
A prototype vape vending machine with 24 slots is functioning well and is slated for mass production.
"This is the one I was talking about that had 24 slots. You said this is the prototype. Yes, this is the prototype. Everything's working well. We're going to start putting these into mass production."
Pending
The nicotine pouch market is significant, evidenced by the acquisition of Zen for $16 billion.
"The nicotine pouch market is like I think Zen got acquired for 16 billion."
Pending
Geek Bars cost $8 to procure and are sold for $25 in the vending machine, with a specific aisle completely selling out.
"Each one of these geek bars is $8. And as you can see, this aisle ran out. Totally out. So every one that you fill, I think we sell geek bars here for $25."
Pending
A prototype vape vending machine with 24 slots is fully functional and will proceed to mass production.
"This is the one I was talking about that had 24 slots. You said this is the prototype. Yes, this is the prototype. Everything's working well. We're going to start putting these into mass production."
Pending