VPR Brands LP (VPRB) Seeks to Protect Patented Auto-Draw Technology as Vaping Industry Booms
VPRB’s electronic cigarette patent is one of the first originally filed; it dates back to 2009 The popularity of auto-draw technology in vaping devices creates an ‘opportune’ time for the company to consider licensing intellectual property The e-cigarette and vaping industries are predicted to grow at a global CAGR of 24.9 percent from 2019 to 2025 As demand for e-cigarettes and vaping technologies grows into a multibillion-dollar industry, key players in the space are seeking to protect their proprietary technologies against patent theft. One such innovator is VPR Brands LP (OTCQB: VPRB), a multi-vertical tiered technology holding company in the…