- VPR
Brands offers a family of brands for the nicotine and cannabis verticals
- The
company has entered the CBD vertical with its GoldLine CBD product line
- VPR
Brands is innovating to bring more CBD products to market
Based in Fort Lauderdale, Florida, VPR Brands LP (OTCQB: VPRB) is a technology holding
company with experienced management. 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.
VPR Brands develops brands via direct sales and licensing opportunities in the
CBD (cannabidiol) vertical. By partnering with leading global brands, the
company hopes to elevate and accelerate its products into the vanguard of the
industry.
The company offers diverse brands and also engages in
product development for the vaping market, including e-liquids. VPRB’s
distinctive strategy is to focus on adding innovative products to its product
family and coupling them with a strong distribution network – a strategy which
increases sales. VPR Brands’ product family includes GoldLine, GoldLine Hemp,
HoneyStick, Helium, Vaporin, Krave and VaporX. The company’s top product,
HoneyStick is VPRB’s flagship brand and an ideal platform to boost growth across
the nicotine and cannabis verticals. Krave, Helium, VaporX and Vaporin are
VPRB’s ancillary brands for the nicotine vertical. Based on current market
trends, VPR Brands also believes that GoldLine CBD will be a significant growth
driver for the company this year and beyond (http://ibn.fm/kbFi2). In addition, in-house product
development is a major differentiator for the company, allowing it to grow
margins.
VPR Brands looks for collaborative partnerships to take
advantage of existing sales and distribution infrastructure. One of its
strategies is to expand its CBD channel by way of affiliate marketing
initiatives (http://ibn.fm/JFbok).
VPRB CEO Kevin Frija is an experienced entrepreneur with almost 30 years of
experience in sourcing, manufacturing, supply chain management, marketing,
advertising and brand licensing. His invaluable experience helps drive the
company’s distribution programs.
VPR Brands also owns Vapor Store Direct in Fort Lauderdale,
Florida. One of the largest vaporizer and e-liquid wholesalers in the United
States, Vapor Store Direct stocks internationally elite brands, vaporizers,
tanks/atomizers, coils, e-liquid, e-cigarettes, batteries and glass, as well as
accessories.
Though VPRB is not yet a household name within the cannabis
sector, it has increasingly attracted industry attention because of its stellar
financial performance. The company realized 2018 revenue of $4,613,300, which
represents a 28 percent year-over-year increase (http://ibn.fm/vXDd3).
Furthermore, VPR Brands reversed its operating loss of more than $888,000 into
positive territory above $9,000. Full-year 2018 gross operating margins
increased by close to 20 percent from 2017 to a margin of 41 percent in 2018.
That trend has continued in 2019. For Q1 2019, VPRB
increased its quarterly revenues roughly 31 percent year-over-year to
$1,318,049 and slightly lowered its net loss, from roughly $149,000 in 2018 to
approximately $138,000 in 2019. VPR Brands continues to maintain strong gross
operating margins of greater than 40 percent (http://ibn.fm/f7Hrl).
VPR Brands expects to launch a second CBD brand – Dr. Good
Hemps – into the marketplace this year. The company is concentrating on
cannabis consumables, focusing on leveraging the numerous opportunities
available in this space. With major regulatory shifts toward the CBD vertical,
the market is forecast to grow to an estimated $22 billion by 2022 (http://ibn.fm/ranU9).
VPR Brands offers a compelling investment opportunity for
investors looking for exposure to the nicotine and cannabis verticals. Through
its vaporizer brands, GoldLine CBD, and white-label business, the company is in
an ideal position to capture more market share. As it focuses on driving scale
across different high-growth verticals, VPR Brands continues to focus on its
wide-ranging portfolio of tested vaporizer products.
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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Editor@QualityStocks.com
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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