TuesdaySep 15, 2020 11:03 am

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Releases Q3 Numbers, Revenues Up Nearly 44%

Kaival Brands (OTCQB: KAVL), a company focused on growing and incubating innovative and profitable products into mature, dominant brands, has released the company’s financial results for Q3 2020. Driven by an increasing demand for the Bidi(TM) Stick, quarter-end numbers were impressive, with revenue totaling nearly $54.9 million, up almost 44% compared to the second quarter of 2020. Other quarter highlights include gross profit for Q3 reaching approximately $4.4 million while net income reached approximately $2.6 million — both numbers up significantly from the same period last year. “We had an extremely busy and fruitful third fiscal quarter,” Kaival Brands president and CEO…

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MondaySep 14, 2020 1:00 pm

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Announces Q3 2020 Results with Increased Revenues, Significant Sales Growth

Kaival Brands (OTCQB: KAVL), a company focused on growing and incubating innovative and profitable products into mature, dominant brands, today announced financial results for its fiscal 2020 third quarter ended July 31, 2020. Among the highlights, the company reported revenues of approximately $32.4 million for the third quarter of fiscal 2020 compared to $0 in the same period of the prior fiscal year. “We had an extremely busy and fruitful third fiscal quarter. We experienced a rising demand for our exclusively distributed premium product, the Bidi(TM) Stick. We have seen an increase in sales of almost 44% from the previous…

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MondaySep 14, 2020 11:19 am

Kaival Brands Innovations Group Inc. (KAVL) is “One to Watch”

Kaival Brands Innovations Group Inc. promotes innovative brand solutions. It is currently the exclusive global distributor for the first eco-friendly vapor product on the market, Bidi(TM) Stick. Manufactured by Bidi Vapor LLC, the Bidi(TM) Stick stands to revolutionize the vaping experience. It is a completely self-contained, disposable and recyclable product made with high-quality components and innovative technology. On September 8, 2020, Kaival Brands announced that Bidi Vapor LLC had submitted its Premarket Tobacco Product application to the U.S. Food and Drug Administration. Kaival Brands is also working to expand distribution of the Bidi(TM) Stick internationally into Guam, Canada, the European…

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