VPR Brands, LP announced that it has received $0.100001 million in funding
September 16, 2021
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VPR Brands, LP announced private placement of an unsecured promissory note for gross proceeds of $100,001 on September 17, 2021. The transaction involved participation from existing investors Kevin Frija, Chief Executive Officer, President, Principal Financial Officer, Principal Accounting Officer and Chairman of the board, and a significant stockholder of the company. The note bears interest at the rate of 24% per annum. The note permits investor to deduct one ACH payment from its bank account in the amount of $500 per business day until such time the borrower has paid an amount equal to the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due on September 17, 2022. The note can be prepaid anytime.
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 
