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.”
To view the full press release, visit https://ibn.fm/2TjZH
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. 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
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