Thursday, January 26, 2017

VPR Brands, LP (VPRB) Showcasing New Vaping Solutions for Fast-Growing Cannabis Market

VPR Brands, LP (OTC: VPRB), a manufacturer and provider of electronic cigarette and vaping solutions based on both U.S. and Chinese patents, has big plans for the year on the heels of the recent legalization of medical and recreational use of marijuana in several states. Most of the company’s vaping products can be easily used by the legal marijuana industry, presenting VPR Brands with an impressive opportunity for rapid growth. In addition, the company also has plans to further expand its product offerings to include specific cannabis vaping products such as the STINGER vaping stick and an entirely new brand destined to all cannabis packaging, SAFRx.

Founded in 2004, the Miami, Florida-based VPR Brands owns patents for various atomization products and other types or vaping technology, from electronic cigarettes and accessories to medical marijuana vaporizers and more. The company also develops private label manufacturing programs, most notably for e-liquid, with a capacity of more than one million bottles per month. VPR Brands’ private label e-liquid manufacturing program is available for both manufacturers who simply want to tweak their own formulas and those who want to expand their lines. The company constantly expands its flavor line and also offers reverse flavor engineering services. The e-liquid is manufactured in a state-of-the-art facility and undergoes rigorous quality control testing before being delivered to the end customer.

In addition to its private label services, VPR Brands offers vaping technology ranging from vaporizers to electronic cigarettes and related accessories under various established brand names, such as Helium, a line of e-liquids and chillers; HoneyStick™, the first ceramic sub-Ohm oil device available in three different sizes; Krave®, a line of electronic cigarettes with related kits and accessories; Vaporin™, a premium line of e-liquids, vaporizers and electronic cigarettes; and VaporX®, a line of sophisticated, high-quality vaporizers, premium e-liquids, e-cigs, cartridges and accessories.

As part of the HoneyStick™ brand, the company recently relaunched its flagship product, the STINGER vaporizer for cannabis concentrates. The fully ceramic unit, with its sleek and elegant design, was showcased as one of the best performing and versatile ceramic vaping pens at the 2017 BIG Industry Show in Los Angeles last week. Present at the show, VPR Brands CEO Kevin Frija and COO Dan Hoff said they expect California to become an even larger market for cannabis-related products this year, following the state’s vote to legalize recreational adult use alongside medicinal use of the substance. Industry analysts expect annual sales of marijuana in California to reach a total of $7.6 billion by 2020.

VPR Brands is also attending the TPE Tobacco Plus Expo in Las Vegas on January 25-26 to showcase its newest product portfolio for 2017. Most of these new products have not yet been released to the public, but initial response has been very encouraging, Frija said, adding that the new portfolio will become available via retail as of the second and third quarters of the year. The company’s management expects a high turnout from the cannabis sector at the show – the first major industry expo to take place in Nevada since the state voted to legalize recreational marijuana use. The legal marijuana market in the state is expected to grow from $121.6 million last year to about $630 million by the year 2020.

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