QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Amends Distribution Agreement to Further Bolster Commitment with Bidi Vapor
Kaival Brands (OTCQB: KAVL) is the exclusive global distributor of all products manufactured by Bidi Vapor LLC ("Bidi Vapor"). Bidi Vapor's primary offering is the BIDI(R) Stick, which is the only electronic nicotine delivery system ("ENDS") on the market with an ecologically friendly, mass-recycling program called BIDI(R) Cares. Kaival Brands today announced that its board of directors has approved an amended and restated distribution agreement, which sets forth the terms of the formal relationship between Kaival Brands and Bidi Vapor. The new agreement extends the previous one-year, annually renewable term to an initial term of ten years, which automatically renews…