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.”
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About Kaival Brands Innovations Group Inc.
Based in Grant, Florida, Kaival Brands is a company focused on growing and incubating innovative and profitable products into mature and dominant brands in their respective markets. The company’s vision is to develop internally, acquire, own, or exclusively distribute these innovative products and grow each into dominant market-share brands with superior quality and recognizable innovation. Kaival Brands is the exclusive global distributor of all products manufactured by Bidi Vapor LLC. For more information about the company, visit www.KaivalBrands.com.
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