NetworkNewsBreaks – Kaival Brands Innovations Gr
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Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of products manufactured by Bidi(R) Vapor LLC, began trading its common stock on the Nasdaq Capital Market at market open today, July 29, 2021. The company is trading under the ticker symbol KAVL. In the announcement, the company acknowledged key players that had provided support for the company as it made this transition; those key players include BTIG, Maxim, and Ladenburg Thalmann & Co. Kaival Brands works with Bidi Vapor to provide recreational, noncombusted alternatives for adult cigarette smokers while strongly opposing all illegal underage tobacco use by minors. The company is committed to preventing youth use of electronic nicotine delivery systems (“ENDS”) through responsible marketing to adult tobacco users as well as working with law-abiding retailers and distributors, and complying with all federal and state laws and taxes applicable to the distribution of Bidi products. “We are excited to be listed on the Nasdaq,” said Kaival Brands chief operating officer Eric Mosser in the press release. “Our company is built upon strong core values, and we believe Nasdaq is the right exchange to serve us and our shareholders.”
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