- VPRB’s
CEO brings to the team 30 years of experience in sourcing, manufacturing,
supply chain management, marketing, advertising and brand licensing
- The
company’s COO played a pivotal role in launching VPR Brands’
cannabis-based product division
- VPR
Brands has seen impressive quarterly results and is positioned as an
up-and-coming player in the cannabis industry
VPR Brands LP (OTC: VPRB), an innovative technology holding
company, has partnered with top international brands in an effort to rise to
the top of the booming cannabis industry. The company’s assets include issued
U.S. and Chinese patents for atomization-related products, including technology
for medical marijuana vaporizers and electronic cigarette products and
components.
The company currently boasts a strong portfolio of unique
brands and is led by a team of seasoned industry professionals. CEO Kevin Frija
has decades of experience in sourcing, manufacturing, supply chain management,
marketing, advertising and brand licensing. In 2009, he became the president
and chief executive officer of Vapor Corp., one of the first publicly traded
electronic-cigarette companies. In 2016, Frija purchased the brands and
wholesale business assets of Vapor Corp., which is now owned by VPR Brands. He
currently leads VPR Brands as it creates inroads into the cannabis industry, a
move that is bringing the company increasing sales and profit margins.
Chief Operating Officer Dan Hoff brings valuable experience
working in the vaporizer and e-cigarette industry to VPR Brands. He has held
various leadership positions at Vapor Corp., including overseeing financial
management, accounting functions, supply chain management, product design and development,
and key vendor relations. His role in the construction and expansion of VPR
Brands’ cannabis-based product division has been instrumental in helping the
company pivot toward cannabis products.
VPR Brands’ industry potential has been flying under the
radar, but, owing to its experienced leadership and strong brand portfolio, the
company has posted impressive quarterly results. First-quarter 2019 results
revealed increased revenues, indicating a nearly 31 percent year-over-year
increase to $1.3 million. Additionally, the company lowered its net loss from
approximately $149,000 in 2018 to approximately $138,000 in 2019 (http://ibn.fm/rSa7Z). The company
continues to maintain strong gross operating margins above 40 percent.
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://ibn.fm/VPRB
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QualityStocks (QS)
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Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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