NetworkNewsBreaks – Kaival Brands Innovations Gr
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Posted On: 03/31/2021 4:16:45 PM
NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Eyes Ample Opportunity in New International Markets
Kaival Brands (OTCQB: KAVL) today announced that Bidi Vapor LLC, the manufacturer of the products for which Kaival Brands acts as the exclusive global distributor, successfully completed the regulatory process to enter four new, significant markets. Bidi Vapor’s primary offering, the BIDI (R) Stick, intended exclusively for adults 21 and over, is the fastest-growing, disposable electronic nicotine delivery system (“ENDS”) in the United States. The tamper-resistant BIDI (R) Stick is also the only ENDS on the market with an ecologically friendly, mass-recycling program called Bidi (R) Cares, and is the subject of a comprehensive Premarket Tobacco Product Application (“PMTA”) now under review with the U.S. Food and Drug Administration (“FDA”). “We believe the BIDI (R) Stick will be a welcomed entry into the U.K. market as long-time adult cigarette smokers look to transition to ENDS products,” said Kaival Brands’ Chief Executive Officer, Niraj Patel Patel, who is also president and CEO of Bidi Vapor. “While the VOXPO conference is our first international show, we anticipate participating in similar events in Australia, New Zealand and Russia. We see ample opportunity in these new markets, as the success we’ve seen in the United States shows us that once consumers discover an e-cigarette that can provide them a consistent, premium experience, they will welcome the option.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Kaival Brands (OTCQB: KAVL) today announced that Bidi Vapor LLC, the manufacturer of the products for which Kaival Brands acts as the exclusive global distributor, successfully completed the regulatory process to enter four new, significant markets. Bidi Vapor’s primary offering, the BIDI (R) Stick, intended exclusively for adults 21 and over, is the fastest-growing, disposable electronic nicotine delivery system (“ENDS”) in the United States. The tamper-resistant BIDI (R) Stick is also the only ENDS on the market with an ecologically friendly, mass-recycling program called Bidi (R) Cares, and is the subject of a comprehensive Premarket Tobacco Product Application (“PMTA”) now under review with the U.S. Food and Drug Administration (“FDA”). “We believe the BIDI (R) Stick will be a welcomed entry into the U.K. market as long-time adult cigarette smokers look to transition to ENDS products,” said Kaival Brands’ Chief Executive Officer, Niraj Patel Patel, who is also president and CEO of Bidi Vapor. “While the VOXPO conference is our first international show, we anticipate participating in similar events in Australia, New Zealand and Russia. We see ample opportunity in these new markets, as the success we’ve seen in the United States shows us that once consumers discover an e-cigarette that can provide them a consistent, premium experience, they will welcome the option.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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