Vpr Brands, Lp Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 19, 2021 at 04:23 pm EDT
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VPR Brands, LP announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 1.709 million compared to USD 1.205 million a year ago. Operating income was USD 336,009 compared to USD 81,027 a year ago. Net income was USD 264,786 compared to net loss of USD 50,354 a year ago. For the half year, sales was USD 2.961 million compared to USD 1.804 million a year ago. Operating income was USD 339,663 compared to operating loss of USD 183,292 a year ago. Net income was USD 163,135 compared to net loss of USD 471,944 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 
