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Posted On: 08/29/2023 8:45:07 AM
Post# of 99103
$KAVL Kaival Brands Adds Over 1,500 Locations to its Circle K Rollout
https://www.globenewswire.com/news-release/20...llout.html
GRANT-VALKARIA, Fla., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) (“Kaival Brands,” the “Company,” or “we”), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC (“Bidi Vapor”), which are intended for adults 21 and over, today provided an update on its efforts to increase distribution of the BIDI® Stick which have resulted in distribution in more than 1,500 additional Circle K locations.
Eric Mosser, Chief Executive Officer of Kaival Brands, stated, “We are excited to provide an update on our regional Circle K rollout. Since our initial rollout in June, we have increased distribution to over 2,700 locations from just over 1,000. Our objective is that ultimately, the BIDI® Stick will be distributed in up to 5,000 Circle K locations within the South Atlantic and Midwest regions within the calendar year.” Mr. Mosser continues, “We are as optimistic as ever that our ongoing efforts will continue to open doors with retail partners like Circle K who share our commitment to compliance and youth-access prevention, and, in turn, increase our revenues going forward.”
https://www.globenewswire.com/news-release/20...llout.html
GRANT-VALKARIA, Fla., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) (“Kaival Brands,” the “Company,” or “we”), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC (“Bidi Vapor”), which are intended for adults 21 and over, today provided an update on its efforts to increase distribution of the BIDI® Stick which have resulted in distribution in more than 1,500 additional Circle K locations.
Eric Mosser, Chief Executive Officer of Kaival Brands, stated, “We are excited to provide an update on our regional Circle K rollout. Since our initial rollout in June, we have increased distribution to over 2,700 locations from just over 1,000. Our objective is that ultimately, the BIDI® Stick will be distributed in up to 5,000 Circle K locations within the South Atlantic and Midwest regions within the calendar year.” Mr. Mosser continues, “We are as optimistic as ever that our ongoing efforts will continue to open doors with retail partners like Circle K who share our commitment to compliance and youth-access prevention, and, in turn, increase our revenues going forward.”
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