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MELBOURNE, Fla., Jan. 12, 2021 /PRNewswire/ Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) ( Kaival Brands, the Company, or we ), a company focused on generating stockholder value by incubating innovative products into mature and dominant brands within their respective markets, today announced new engagements of both Morgan Lewis and Spencer Stuart. The Company believes that these engagements will allow it to continue its expansion and assist in reaching its next iterative stage of growth.
Morgan Lewis scale and global capabilities (more than two thousand attorneys worldwide) will make available sophisticated and experienced legal counsel that will help enable Kaival to improve its workflow and meet legal needs that will expand as the company grows and takes on a greater presence in the public markets. Additionally, Spencer Stuart, a leading executive search and leadership advisory firm, will provide Kaival with the ability to buil
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GRANT, Fla., Jan. 6, 2021 /PRNewswire/
Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) ( Kaival Brands, the Company, or we ), is the exclusive global distributor of products manufactured by Bidi Vapor, LLC ( Bidi Vapor ). Bidi Vapor s primary offering, the Bidi
® Stick, is one of the fastest-growing closed system vaping product in the U.S. The tamper-resistant Bidi
® Stick is also the only vape product on the market with an ecologically friendly, mass-recycling program. Kaival Brands also recently launched the Bidi™ Pouch by Bidi Vapor, a tobacco-free nicotine pouch.
Kaival Brands commenced business operations in March 2020. The first two quarters following the commencement of business operations (or the second and third quarters of fiscal 2020), Kaival Brands reported aggregate revenues of approximately $55 million. We believe that the premium experience the consumer derives from the Bidi
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MELBOURNE, Fla., Dec. 22, 2020 /PRNewswire/ Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) ( Kaival Brands, the Company, or we ), is the exclusive global distributor of products manufactured by Bidi Vapor, LLC ( Bidi Vapor ). Bidi Vapor s primary offering, the Bidi
TM Stick, is the fastest-growing closed system vaping product in the U.S. The tamper-resistant Bidi
TM Stick is also the only vape product on the market with an ecologically friendly, mass-recycling program. Kaival Brands also recently launched the Bidi™ Pouch by Bidi Vapor, a tobacco-free nicotine pouch.
Based on Goldman Sachs Equity Research Report through November 28, 2020 on the Nielsen data for total nicotine volumes (the Goldman Report ), the Bidi
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GRANT, Fla., Dec. 16, 2020 /PRNewswire/
Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) ( Kaival Brands, the Company, or we ), is the exclusive global distributor of products manufactured by Bidi Vapor, LLC ( Bidi Vapor ). Bidi Vapor s primary offering, the Bidi
® Stick, is the fastest-growing closed system vaping product in the U.S. The tamper-resistant Bidi
® Stick is also the only vape product on the market with an ecologically friendly, mass-recycling program. Kaival Brands also recently launched Bidi Vapor s Bidi™ Pouch, a tobacco-free nicotine pouch.
Throughout 2020, Kaival Brands has significantly increased the distribution of Bidi
® Stick products through national retailers Most notably, Kaival Brands anticipates that by the end of 2020, it will have expanded the presence of Bidi Vapor products in Circle K stores from more than 2,000 stores to more than 5,000 stores. Concurrent with the Circle K rollout, Kaival Brands has secured com
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GRANT, Fla., Dec. 14, 2020 /PRNewswire/
Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) ( Kaival Brands, the Company, or we ), a company focused on generating stockholder value by incubating innovative products into mature and dominant brands within their respective markets, announced today that Niraj Patel, the Company s Chief Executive Officer, and Eric Moss, the Company s Chief Operating Officer, have purchased additional shares of KAVL common stock. The purchase of stock in the open market reflects heightened confidence by both executive officers in the continued development and potential of the Company.
Kaival Brands saw impressive revenue growth during the first nine months of this fiscal year. The Company s expansion of the placement of the Bidi Stick in stores during the second quarter of 2020 resulted in revenues of more than $22 million. For the third quarter of 2020, the Company generated approximately $32 million in revenues during the th