Kaival Brands (OTCQB: KAVL) today announced its entry into a customer agreement with Grocery Supply Warehouse (“GSW”), a master distributor representing dozens of wholesalers with a combined network of over 26,000 grocery and convenience stores. Kaival Brands is the exclusive global distributor of products manufactured by Bidi Vapor LLC, including the BIDI (R) Stick, which is intended exclusively for adults 21 and over. Under the agreement, GSW has placed purchased orders in an aggregate amount of $22.4 million with Kaival Brands to distribute Bidi Vapor products throughout its network to certain wholesale and retail store customers. “The partnership with GSW represents a renewed focus on the distributor class of trade, allowing more store-level operators easier access to Bidi Vapor’s products,” said Niraj Patel, president and CEO of Kaival Brands. “In order to give more adult smokers 21 and older an option to combustible cigarettes, we have to provide c-store operators with more ways to bring our products to their shelves. An important step is to renew our focus on the wholesale or distributor leg of the supply chain.”
To view the full press release, visit https://ibn.fm/Qg4bo
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.
NOTE TO INVESTORS: The latest news and updates relating to KAVL are available in the company’s newsroom at http://ibn.fm/KAVL
About MissionIRNewsBreaks
MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.
MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com
Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html