- VPR Brands continues to invest in inventory and new products in an effort to keep up with increased demand and promote year-over-year gains
- The company recently updated its best-selling battery, ELF
- VPRB is expanding exposure to thousands of stores, increasing convenience and approachability for retailers
Innovative technology holding company VPR Brands LP (OTC: VPRB) is making a name for itself in the vaping market through product development and partnerships with top international brands. VPRB is focused on offering high-performance, high-quality products that bring value to partners, consumers and investors.
Through the leadership of its experienced management team, VPRB has pivoted toward cannabis products, a move that has increased sales and profit margins. In its Q4 2019 financials (http://cnw.fm/6ynsX), the company reported an increase in quarterly revenues of approximately 31 percent year-over-year.
VPRB CEO Kevin Frija stated that the company will remain focused on sustainable, manageable growth and “continue to invest in inventory and new products to be able to keep up with the increased demand.”
The company recently announced an update on its strategy to increase the visibility of its lifestyle brand, HoneyStick (http://cnw.fm/1efGe). The combination of high tech, high performance, dependability and affordability makes HoneyStick stand out from other upper-tier vaporizers. Holding true to these principles, the company has increased the reliability of the brand through the new and improved ELF Variable Voltage Mini Vape Mod.
In 2018, ELF proved to be the company’s best-selling battery, with more than 73,000 units sold. The company chose to upgrade the customer favorite to further increase satisfaction. The newest feature of ELF allows the user to adjust between 2.5 and 4 volts, providing customization, smoother pulls and bigger rips. The HoneyStick Elf is an auto-draw conceal oil vaporizer kit that comes with a high-performance glass cartridge, a ceramic heater and a mouthpiece that is compact and stylish.
JUUL authorized distributor and Chicagoland’s premier vape and smoke shop distributor, HS Wholesale, is now selling the HoneyStick brand (http://cnw.fm/riG5A). Items available through HS Wholesale include the Honey Stick Bee Keeper Kit, HoneyStick ELF, HoneyStick Rip & Ditch Dab disposable, HoneyStick Bee-Master Oil Vape Kit, BeeBox 510-thread Auto Draw Vape Concealer and HoneyStick MiniMax PRO Push Button Flip Key FOB Vaporizer. This new venture is part of a strategic plan aimed at adding distribution partners in order to reach a larger stateside market and continue movement forward in an international sales effort that is building relationships with distributors worldwide.
“In the last few years, HS Wholesale has really become a major supplier in vape and smoke distribution, especially of premium liquids and equipment,” VPRB COO Dan Hoff noted in a news release. “This new dropship program expands our exposure to thousands of stores and allows retailers to bring in the HoneyStick brand while placing their regular fulfillment order through HS Wholesale.”
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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