- VPR Brands specializes in vaporizers & accessories for essential oils, cannabis concentrates and extracts (CBD), and e-cigarettes containing nicotine
- The company’s assets include issued U.S. and Chinese patents for atomization-related products
- VPR Brands CEO, President and Chairman Kevin Frija recently purchased a significant number of shares of the company
VPR Brands LP (OTCQB: VPRB) is a technology holding company that fosters brands via direct sales and licensing opportunities in the CBD (cannabidiol) vertical. A unique technology enterprise, the company’s assets include patented atomization-related products and technology. VPR Brands had full-year revenues of approximately $4.6 million in 2018 (http://cnw.fm/NEwA7). For Q1 2019, its quarterly revenues increased approximately 31 percent year-over-year to $1.3 million (http://cnw.fm/d83P3). As his company continues to increase its earnings, CEO, President and Chairman Kevin Frija also continues to invest in it, and he has accrued a significant amount of VPR Brands shares.
VPR Brands’ product family includes vaporizers and accessories for essential oils, cannabis concentrates and extracts, and e-cigarettes that contain nicotine. For investors, the company’s focus is really a fundamental one – to keep adding products and distribution to boost sales and profits. This emphasis helped VPRB attain its revenue achievements in 2018 and so far in 2019.
The company’s experienced and forward-thinking management is also driving its growth. CEO, President and Chairman Kevin Frija recently showed his faith in the company’s direction and strategic initiatives by purchasing a significant number of shares of VPR Brands. Investment analysts often correlate such personal investment from internal leadership with a company’s future potential.
This was the case recently with biopharmaceutical company CTD Holdings Inc. (OTCQB: CTDH), based in Florida. Over the last few weeks, several of its board members personally bought over 500,000 shares of CTDH common stock on the open market. CTD Holdings Chairman and CEO Scott Fine purchased another 50,000 shares in recent weeks, adding to his position. This brings his total ownership to over 6.7 million shares (http://cnw.fm/9Bkf6). As one article noted (http://cnw.fm/W3zOu), “When the people close to operations are heavily invested, it is often for good reason and warrants investor attention.”
Similarly, Frija’s support of his company shows his confidence in its growth potential. Pertaining to recent trades, he recently purchased 124,500 shares of company stock on August 19, 2019. Prior to this, Frija purchased 963,860 shares of VPRB on August 16, 2019. Frija owns 10 percent of the company and continues to deepen his support, having bought almost three million shares of VPR Brands since May of this year. These transactions have increased his total share count from greater than 15 million to more than 18 million (http://cnw.fm/YP8In).
VPR Brands has a diverse line-up of quality brands. These include GoldLine, GoldLine Hemp, HoneyStick, Helium, Vaporin, Krave and VaporX, with HoneyStick being the company’s flagship brand. Additionally, VPR Brands recently entered the CBD space with the GoldLine CBD product line (http://cnw.fm/zsX00).
VPR Brands continues to focus on building first-rate brands in the nicotine and cannabis marketplaces. The company, with its astute management clearly centered on the major market opportunity in smokables and extracts, offers investors a doorway into booming verticals. VPR Brands is positioned at the crossroads of two industries set to lead the way to future growth.
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://cnw.fm/VPRB
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