Business
VPR Brands, LP Secures Exclusive Distribution Deal With Associated Supply LLC for ELF Brand Expansion Into New York Cannabis Market
FORT LAUDERDALE FL - April 24, 2025 (NEWMEDIAWIRE) - VPR Brands, LP (OTC: VPRB), a leading manufacturer and innovator in cannabis vaporization products, today announced a significant strategic milestone with the execution of an exclusive distribution...
About this update from Vpr Brands, Lp
[{"type":"text","content":"FORT LAUDERDALE FL - April 24, 2025 (NEWMEDIAWIRE) - VPR Brands, LP (OTC: VPRB), a leading manufacturer and innovator in cannabis vaporization products, today announced a significant strategic milestone with the execution of an exclusive distribution and licensing agreement with Associated Supply LLC, a licensed distributor under the New York State Office of Cannabis Management (Adult-Use Distribution License issued March 21, 2025, valid through March 21, 2027).","length":466,"tagName":"p"},{"type":"text","content":"This agreement grants Associated Supply LLC the exclusive rights to distribute prefilled cannabis ELF Brand vaporizers and accessories within the state of New York - an emerging and high-value market for adult-use cannabis products. ELF Brand is a proprietary label owned by VPR Brands, LP and is known for its high-performance hardware and innovative cannabis accessories.","length":373,"tagName":"p"},{"type":"text","content":"Strategic Market Insights:Cannabis Market Growth: New York's legal cannabis market has demonstrated remarkable growth, with retail sales surpassing $1 billion in 2024. Projections indicate continued momentum in 2025 as the state's adult-use market matures.Vape Market Dynamics: Vaporizer products currently account for approximately 27% of all retail cannabis sales in New York, reflecting a strong consumer preference for vaporized cannabis formats over traditional flower. This trend positions ELF Brand for accelerated market penetration and revenue growth.","length":572,"tagName":"p"},{"type":"text","content":""This partnership positions us to significantly expand our market presence in New York's legal cannabis sector and build meaningful revenue in a state with tremendous growth potential," stated Kevin Frija, CEO of VPR Brands, LP. "We believe Associated Supply's operational infrastructure and regulatory standing provide an ideal foundation for accelerating ELF Brand's success in the region and the Adult-Use Cannabis market segment."","length":466,"tagName":"p"},{"type":"text","content":""I am very excited to bring our ELF brand into the Adult-Use cannabis sector under our agreement. I worked closely with Associated Supply LLC to carefully create a custom product line of prefilled vapes to hit the shelves in New York's dispensaries. The hardware f...