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Posted On: 08/20/2023 10:09:56 AM
Post# of 402
News Alert Stocks This Week: $KAVL
https://thestreetreports.com/news-alert-stock...kavl-hnrc/
Kaival Brands Innovations Group Inc. (NASDAQ:KAVL): Kaival Brands Innovations Group Inc. announced yesterday that it had amended its agreement with Phillip Morris International Inc.’s affiliate, Phillip Morris Products SA.
The company’s Chief Executive Officer, Eric Mosser, noted that the amendment would help administer the deal more easily and would also lead to cost savings of around $2.7 million. Kaival Brands is also expected to receive a reconciliation payment of around $135,000 and has also revealed that extra royalties earned throughout the year could hit around $300,000.
https://thestreetreports.com/news-alert-stock...kavl-hnrc/
Kaival Brands Innovations Group Inc. (NASDAQ:KAVL): Kaival Brands Innovations Group Inc. announced yesterday that it had amended its agreement with Phillip Morris International Inc.’s affiliate, Phillip Morris Products SA.
The company’s Chief Executive Officer, Eric Mosser, noted that the amendment would help administer the deal more easily and would also lead to cost savings of around $2.7 million. Kaival Brands is also expected to receive a reconciliation payment of around $135,000 and has also revealed that extra royalties earned throughout the year could hit around $300,000.
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