- VPR Brands partners with top names in the cannabis and CBD oil industries
- The company’s assets include issued U.S. and Chinese patents for atomization-related products
- VPR Brands recently reported increased revenues for Q1 2019
A technology holding company, VPR Brands LP (OTC: VPRB) operates in the electronic cigarette (e-cigarette) and personal vaporizer industry in the United States. The company’s assets include issued U.S. and Chinese patents for atomization-related products, including technology for medical marijuana vaporizers and e-cigarette products and components. Furthermore, VPR Brands engages in product development for the vapor or vaping market, including e-liquids.
Headquartered in Fort Lauderdale, Florida, the company partners with leading global brands to promote and fast-track its products into the vanguard of the industry. VPR Brands has a strong portfolio of diverse brands targeted toward numerous cannabis and CBD oil industry sectors (http://cnw.fm/3pUUY). VPR’s product lineup includes Helium, HoneyStick, Vaporin, Vaporx, GoldLine and GoldLine Hemp.
The Helium vaping product is a 50ml durable and squeezable bottle with a drip tip. Chilled at 20 degrees below room temperature, Helium is engineered to deliver 77 percent VG (vegetable glycerin). HoneyStick is the company’s lifestyle brand of upper-tier vaporizers that combines high tech, high performance, dependability and affordability. VPR’s Vaporin line delivers Sub Ohm series starter kits. Vaporin also offers multipacks of selected starter kits, coils and premium e-liquids for retail and dispensary operations.
VPR’s GoldLine Brand is a combination of premium ingredients and extracts united with the newest in technology to realize the ultimate selection of CBD- and hemp-based products. This product range features edibles, including gummies and pure honey sticks, tinctures, pre-rolled flower, vapable products and creams. Additionally, GoldLine hemp-only products are created without CBD.
With its varied and innovative product family, VPR Brands is steering a clear path to growth. It recently announced its 2018 full-year financial results, which included increased revenues and a narrowed net loss versus 2017. Revenues for the 12 months ended December 31, 2018, were $4,613,300. This represented an increase of almost 28 percent versus revenues of $3,610,379 recorded the year prior. The introduction of new products during 2018 was responsible for this growth (http://cnw.fm/AFbF7).
Moreover, VPR Brands also recently announced its Q1 2019 financial results. Revenues for the three months ended March 31, 2019, and the same period in 2018 were $1,318,049 and $1,001,162, respectively. This impressive growth is due to increased marketing and advertising efforts (http://cnw.fm/6HQf4). VPR Brands continues to maintain strong gross operating margins of greater than 40 percent.
“The year 2019 is off to a solid start so far, and we are setting the company’s pace, which will allow us to remain focused on sustainable manageable growth,” VPR Brands CEO Kevin Frija stated in a news release. “We continue to invest in inventory and new products to be able to keep up with increased demand.”
VPR Brands continues to pioneer dynamic new products for the e-cigarette and personal vaporizer industry. The company offers investors the potential for ROI with its growth strategy focused on high-performance, high-quality products that build exponential brand equity, awareness and loyalty. With its visionary and experienced management team, VPR Brands is working to drive growth in an ever-changing sector.
For more information, visit the company’s website at www.VPRBrands.com
NOTE TO INVESTORS: The latest news and updates relating to VPRB are available in the company’s newsroom at http://cnw.fm/VPRB
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