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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