Friday, June 14, 2019

VPR Brands LP (VPRB) Fostering Steady Year-over-Year Growth

  • The company has a seasoned management team with more than 50 years of experience
  • VPR Brands is focused on sustainable, manageable growth and continued product excellence
  • The company is a relatively unknown, award-winning cannabis firm
VPR Brands LP (OTC: VPRB) is a technology holding company located in Fort Lauderdale, Florida, specializing in vaporizers and accessories for essential oils, cannabis concentrates and extracts and electronic cigarettes. The company holds U.S. and Chinese patents for atomization-related products. VPR Brands’ broad portfolio of tested vaporizer products is driving sales and supporting strong year-over-year financial growth.
The strength of the company lies in its management team. Together, team members have more than 50 years of experience in distribution and product development within the vaporizer industry. CEO Kevin Frija’s 29 years of experience reach into sourcing, manufacturing, supply chain management, marketing, advertising and brand licensing. His achievements include growing Vapor Corp. into one of the largest and most recognized companies in its space during his time as president and CEO.
COO Dan Hoff also spent time at Vapor Corp., expanding its distribution network and overseeing financial management, accounting functions, supply chain management, product design and development, and key vendor relations. Hoff joined the VPR Brands team with the 2016 acquisition of Vapor Corp.’s medical cannabis vapes program and its related inventory.
VPRB is focused on sustainable, manageable growth centered on high-performance, high-quality products. With a product portfolio heavily weighted toward cannabis vapes and CBD products, the company is seeing a solid start to 2019. Q1 2019 financial results reported a revenue increase of approximately $1.3 million, while the company’s net loss decreased by approximately $11,000 (http://nnw.fm/5EGJx).
Consumer taste and expectations drive the product design and formulation of VPR brands. By offering private labels, co-branded collaborations and white-label extractors, VPR has provided several award-winning vaporizers to top companies in the cannabis and CBD oil industries. This has added additional value to VPR’s personal product portfolio, which includes GoldLine, HoneyStick, Helium, Vaporin, Vaporx, GoldLine Hemp and Vapor Store Direct.
Having an in-house product development team allows the company to expand margins as it continues to develop additional products. Its current offerings include vaporizers, e-liquids, cannabis consumables, disposable vapes, batteries and tanks.
VPR Brands is an award-winning company in the cannabis sector that is not yet well known but is gaining the attention of the investment community. Its experienced management team, high-quality products, diversified brands and organic customer base have provided the company with continued growth since its beginnings.
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://nnw.fm/VPRB
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