VPR Brands, LP Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 04:17 pm EDT
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VPR Brands, LP reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 0.920705 million compared to USD 1.71 million a year ago. Net income was USD 0.073733 million compared to USD 0.264786 million a year ago.
For the six months, sales was USD 1.98 million compared to USD 2.96 million a year ago. Net loss was USD 0.073508 million compared to net income of USD 0.163135 million a year ago.
VPR Brands, LP is a technology company with a focus on vaporizers and accessories for essential oils and extracts in the cannabis and hemp industry. The Company is engaged in various monetization strategies of its United States patents covering electronic cigarettes, vaporizer technologies, and related accessories. The Company designs, develops, markets, and distributes products oriented towards the cannabis markets, including the ELF and HONEYSTICK brands of vaporizers and DISSIM Lighters. The Company has several trademarks, including ELF, PHANTOM, HRB, VPOD, VAPOR X, RIPPER, and CARTDUB, among others, for which it is also engaged in licensing and various monetization strategies. The Company also designs, develops, markets, and distributes products (the HoneyStick brand of vaporizers and the Goldline cannabidiol (CBD) products) oriented toward the cannabis markets. The Company is also engaged in selling the DISSIM brand pocket lighters.
VPR BRANDS, LP 
