- VPR Brands’ specialization in cannabis vaping accessories, accompanied by its growing CBD product line, is helping to drive the company’s expansion
- VPRB reported about 31 percent revenue growth for the year’s first quarter, year-over-year, which added to its nearly 28 percent revenue growth for fiscal year 2018
- The quarterly report also noted gross operating margins above 40 percent, increased assets amid growing product sales and a declining net loss
Following on the heels of its recent report on 2018’s year-end financial progress, vaping technology innovator VPR Brands LP (OTC: VPRB) announced the results of fiscal operations for the first quarter of 2019 on May 20, highlighting continually increasing revenues and a narrowing net loss.
VPRB’s revenues grew about 31 percent year-over-year to $1.3 million for the quarter, according to the report…
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