NetworkNewsBreaks – Why Kaival Brands Innovation
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Kaival Brands (OTCQB: KAVL), a company focused on developing products into mature, dominant brands, recently entered into a partnership with Bidi Vapor LLC. Under the partnership, Kaival Brands has exclusive global distribution rights for the Bidi(TM) Stick, an innovative product made from high-quality components and equipped with a long-lasting battery and class A nicotine. The move has already had a positive impact on Kaival Brands, assisting the company with expedited growth. A recent article discussing the company reads, “Kaival Brands is dedicated to developing innovative and viable options for adults who use tobacco and vape products and want a premium experience. The company wants to set higher standards to transform perceptions and elevate consumer experience in the vape and CBD industries, with a goal of increasing market share in the ever-growing vaping industry. In 2019, the reported global market for the vaping industry alone was $12.4 billion. These forecasts indicate a potential CAGR of 23.8% through 2027.”
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