US Stocks In The News: $KAVL https://thestreetr
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Posted On: 08/27/2023 8:53:02 AM
US Stocks In The News: $KAVL
https://thestreetreports.com/us-stocks-in-the...halb-snnc/
Kaival Brands Innovations Group Inc. (NASDAQ:KAVL) On August 17, the company, which distributes BIDI Stick ENDS (electronic nicotine delivery systems), made a key announcement. Kaival Brands Innovations Group Inc. announced that Kaival Brands International LLC, its fully owned subsidiary, had amended its agreement with Phillip Morris International Inc. affiliate Philip Morris Products SA.
Its Chief Executive Officer, Eric Mosser, noted that the amendment would help in saving costs to the tune of $2.7 million through the course of the agreement. The company also expected a reconciliation payment of around $135,000. It also projected extra royalties of around $300,000.
https://thestreetreports.com/us-stocks-in-the...halb-snnc/
Kaival Brands Innovations Group Inc. (NASDAQ:KAVL) On August 17, the company, which distributes BIDI Stick ENDS (electronic nicotine delivery systems), made a key announcement. Kaival Brands Innovations Group Inc. announced that Kaival Brands International LLC, its fully owned subsidiary, had amended its agreement with Phillip Morris International Inc. affiliate Philip Morris Products SA.
Its Chief Executive Officer, Eric Mosser, noted that the amendment would help in saving costs to the tune of $2.7 million through the course of the agreement. The company also expected a reconciliation payment of around $135,000. It also projected extra royalties of around $300,000.
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