Vpr Brands, Lp Reports Earnings Results for the Full Year Ended December 31, 2020
April 15, 2021 at 09:37 pm
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VPR Brands, LP announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 3.966 million compared to USD 5.256 million a year ago. Operating loss was USD 16,782 compared to USD 687,416 a year ago. Net loss was USD 563,779 compared to USD 1.179 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
VPR Brands, LP is a technology company and an intellectual property (IP) holding company. The Company is engaged in various monetization strategies of its United States patents covering electronic cigarette, vaporizer technologies, and related accessories. It designs, develops, markets, and distributes products oriented towards the cannabis markets, including the ELF and HONEYSTICK brand of vaporizers and DISSIM Lighters. It has several trademarks (ELF, HONEYSTICK, PHANTOM, RIPPER, VPOD, VAPOR X) for licensing activities. The Company is also engaged in product development for the vapor or vaping market, including e-liquids. Electronic cigarettes are electronic devices, which deliver nicotine through atomization, or vaping of e-liquids and without smoke, and other chemicals constituents typically found in traditional tobacco burning cigarette products.
VPR BRANDS, LP 
