- VPR Brands focuses on the cannabis and nicotine industries
- The company is shifting initiatives toward cannabidiol (CBD)
- VPR Brands focuses on premier products and distribution in order to build sales and profits
CBD products in an array of forms continue to transform the marketplace, surpassing Kim Kardashian, Beyoncé, and veganism in search popularity according to Google data (http://cnw.fm/yt0tU). CBD is on the rise as one of the most popular terms searched, as consumers are continually looking for unique, high-quality CBD products and the enterprises that manufacture and distribute them. The forecast calls for the CBD market to grow to an estimated $22 billion by 2022 (http://cnw.fm/vRef0).
A technology holding company, VPR Brands LP (OTCQB: VPRB) is positioned at the juncture of the cannabis and nicotine industries and poised to take advantage of the steady growth of CBD popularity. The company’s assets include issued U.S. and Chinese patents for atomization-related products, including technology for medical marijuana vaporizers and electronic cigarette products and components. One of the most undervalued, unknown gems on the OTC Markets in the cannabis sector, VPRB additionally is involved in product development for up-and-coming innovations poised to disrupt in various markets.
Based in Fort Lauderdale, Florida, VPR Brands is shifting its emphasis toward CBD (cannabidiol) as it prepares to launch two new CBD brands websites: www.DrGoodHemp.com and www.CBDBrandDepot.com. With its strong strategy of continually adding quality products and distribution designed to grow sales, VPR’s increasing customer base portends well for its CBD initiatives as the company offers a diverse portfolio of innovative products.
VPR Brands nurtures brands by way of direct sales and licensing opportunities in the CBD vertical. The company’s in-house product development is a significant differentiator, allowing VPRB to expand its margins (http://cnw.fm/X7nmH). VPR’s flagship CBD line, GoldLine, provides a broad product portfolio with offerings that include pre-rolled joints, vape cartridges, edibles, CBD pens, and crumble as well as tinctures.
VPR Brands, with its astute management team leading the way, is well positioned to leverage this burgeoning market. The company’s diverse brand portfolio includes GoldLine, GoldLine Hemp, HoneyStick, Helium, Vaporin, and Vaporx. VPRB also has its Vapor Store Direct in Fort Lauderdale, which is one of the largest vaporizer and e-liquid wholesalers in the United States. Regarding CBD specifically, VPR Brands’ GoldLine is at the forefront of the market when it comes to pioneering safe, all-natural CBD-derived products.
VPR Brands’ emphasis on first-rate products, widespread distribution, and an engaged customer base offers ROI potential for investors looking to participate in CBD initiatives. By combining premium ingredients and extracts coupled with modern technology, the company’s GoldLine brand offers the ultimate selection of CBD and hemp-based products available in the marketplace.
Furthermore, VPR Brands knows how to efficiently market its product family for revenue growth and will bring this expertise to its CBD program. Of note is VPRB’s stellar performance. The company increased its Q1 2019 revenues roughly 31 percent year over year to $1.3 million. In addition, VPRB continues to maintain strong gross operating margins above 40 percent (http://cnw.fm/UJ2vK). Concerning its 2018 results, VPR Brands increased its full-year revenues to roughly $4.6 million while its full-year 2018 gross operating margins increased by close to 20 percent from 2017 to a margin of 41 percent in 2018 (http://cnw.fm/0xwUq).
As VPR Brands continues to concentrate on cannabis consumables and market-share growth, that upward trend will likely only increase. The company partners with leading global brands to elevate and accelerate its products into the vanguard of the industry. VPR Brands offers investors the opportunity for portfolio diversification with its dynamic suite of brands for the nicotine and CBD markets.
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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