Vpr Brands, Lp Reports Earnings Results for the First Quarter Ended March 31, 2021
May 19, 2021 at 04:15 pm EDT
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VPR Brands, LP announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 1.252 million compared to USD 598,633 a year ago. Operating income was USD 3,654 compared to operating loss of USD 264,319 a year ago. Net loss was USD 101,651 compared to USD 421,590 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 
