Kaival Brands Innovations Group Inc. KAVL Archives

TuesdayJun 14, 2022 3:34 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Reaches Agreement with Philip Morris International Inc. (NYSE: PM) for International Electronic Nicotine Delivery System Product Distribution

Kaival Brands (NASDAQ: KAVL), the U.S. distributor of all products manufactured by Bidi Vapor LLC, which are intended for legal-age nicotine users, has inked an international licensing agreement with Philip Morris Products S.A. (“PMPSA”) for the development and distribution of electronic nicotine delivery system ("ENDS") products. Philip Morris Products is a wholly owned affiliate of Philip Morris International Inc. (NYSE: PM), and the agreement, which was finalized on June 13, 2022, covers products for markets outside of the United States. According to the announcement, the agreement between Kaival and PMPSA grants the latter the rights to manufacture, promote, sell and…

MondayApr 18, 2022 2:21 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Expands Bidi Vapor Distribution

Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of all products made by Bidi(R) Vapor LLC, including the BIDI(R) Stick disposable electronic nicotine delivery system ("ENDS"), is expanding its distribution by adding both wholesale and retail accounts. Kaival anticipates the new distribution footprint will cover an estimated 28,000 additional stores. The announcement comes after the U.S. Food and Drug Administration issued a marketing denial order ("MDO") to Bidi Vapor last year, as it did for some 96% of all manufacturers of flavored ENDS. However, earlier this year the U.S. Court of Appeals for the Eleventh Circuit granted Bidi Vapor a judicial stay…

WednesdayFeb 23, 2022 1:35 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Expects Rebound of BIDI(R) Stick Sales

Kaival Brands (NASDAQ: KAVL), a company focused on developing products into mature, dominant brands, is the exclusive global distributor of products manufactured by Bidi Vapor LLC, including the BIDI(R) Stick disposable electronic nicotine delivery system (“ENDS”) that is intended exclusively for adults 21 and over. Recently, Kaival announced that the U.S. Court of Appeals for the Eleventh Circuit had granted a judicial stay of the marketing denial order (“MDO”) previously issued by the U.S. Food and Drug Administration (“FDA”) to Bidi Vapor in September 2021. “The stay order, which was issued on Feb. 1, 2022, allows Bidi Vapor and Kaival…

FridayFeb 18, 2022 11:30 am

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Regains Compliance with Nasdaq Bid Price Rule

Kaival Brands (NASDAQ: KAVL) is the exclusive global distributor of all products manufactured by Bidi Vapor LLC, including the BIDI(R) Stick disposable electronic nicotine delivery system (“ENDS”), intended exclusively for adults 21 and over. Kaival Brands today announced its receipt of a letter dated Feb. 17, 2022, from The Nasdaq Stock Market LLC notifying the company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). The letter noted that the company's common stock had a closing bid price of at least $1.00 for a minimum of ten consecutive trading…

WednesdayFeb 16, 2022 2:03 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Announces FY 2021 Results

Kaival Brands (NASDAQ: KAVL) is the exclusive global distributor of products manufactured by Bidi Vapor LLC, including the BIDI(R) Stick disposable electronic nicotine delivery system (“ENDS”), intended exclusively for adults 21 and over. The company today reported its fiscal 2021 results and provided an update in which its Chief Executive Officer Niraj Patel recapped 2021 and offered insight into expansion strategies for 2022. “Fiscal year 2021 was a very challenging year, especially because of FDA's marketing denial order, or MDO, for Bidi Vapor's non-tobacco flavored BIDI (R) Stick ENDS, which caused irreparable harm to both Bidi Vapor and Kaival Brands.…

FridayFeb 11, 2022 9:00 am

Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Benefits from Court Decision Permitting Bidi Vapors to Resume Sales

On February 1, 2022, Kaival Brands’ product partner, Bidi Vapors LLC was granted a judicial stay on the marketing denial order issued by the US FDA, enabling the company to resume sale of their products within the US market The legal action comes after the FDA moved to oust over 946,000 vaping products from the market through the issuance of blanket MDO’s whilst approving only 3 over the course of a year-long review Bidi Vapor LLC sought to contest the MDO, arguing that their near-285,000-page PMTA filing contained robust and reliable scientific data touting the benefits of their flavored BIDI(R)…

WednesdayFeb 09, 2022 9:15 am

Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Win Judicial Stay of the FDA’s Marketing Denial Order

Kaival Brands is the exclusive global distributor of products manufactured by Bidi Vapor LLC Bidi Vapor announced that it has been granted a judicial stay of the marketing denial order issued by the FCA in September 2021, which will permit the company to market all its products in the United States, pending the outcome of the lawsuit Kaival Brands expect the decision to result in a significant rebound in BIDI(R) Stick sales, with the company’s distribution partners expected to reestablish previous sales volumes Kaival Brands Innovations Group (NASDAQ: KAVL), the exclusive global distributor of products manufactured by Bidi Vapor LLC…

ThursdayFeb 03, 2022 1:56 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Shares News of Bidi Vapor Judicial Stay Win of Marketing Denial Order

Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of products by Bidi(R) Vapor LLC, including the BIDI(R) Stick disposable electronic nicotine delivery system ("ENDS"), has announced that the U.S. Court of Appeals for the 11th Circuit has granted Bidi a judicial stay of the marketing denial order previously issued by the U.S. Food and Drug Administration ("FDA"). The court’s ruling, issued earlier this week, allows Bidi Vapor and Kaival Brands to continue to market and sell all of its BIDI Stick ENDS, including its tobacco, menthol and flavored products while Bidi Vapor continues with its legal fight to place Bits Premarket Tobacco…

TuesdayDec 14, 2021 10:19 am

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Shares Survey Results Indicating UK Smokers Prefer Bidi Vapor

Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of products by Bidi(R) Vapor LLC, including the BIDI(R) Stick disposable electronic nicotine delivery system (“ENDS”), and Bidi Vapor announced that a recent survey showed that 80% of adult e-cigarette users and cigarette smokers who responded prefer the BIDI Stick over their current options, including open systems, cartridges/pods and other disposable e-cigarettes. The survey was conducted in the United Kingdom by North Carolina-based research firm Voccii LLC and involved 101 adult users of vaping products and combustible cigarettes and tested preferences between four BIDI Stick flavors with the products that the subjects typically used. Additional survey…

MondayDec 06, 2021 3:02 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Announces Partnership to Grow Customer Options

Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of products by Bidi(R) Vapor LLC, including the BIDI(R) Stick disposable electronic nicotine delivery system (“ENDS”), is partnering with Koupon to create an electronic engagement program involving Koupon’s digital promotion platform. The focus of the partnership will be to increase consumer insights and digital offers, including offering incentives to customers based on purchasing habits, giving adult-age users the opportunity to experience the device and its unique qualities. According to the company, to objective is to better serve the company’s 21-plus age group, enabling age-verified adult consumers access to digital promotions powered by Koupon. Those…

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