Kaival Brands (OTCQB: KAVL), the exclusive global distributor of products manufactured by Bidi Vapor LLC (“Bidi Vapor”), today provided an update on expanded distribution of Bidi(TM) Stick products. The Bidi(TM) Stick is the fastest-growing closed system vaping product in the U.S., and Kaival Brands also recently launched Bidi Vapor’s Bidi(TM) Pouch, a tobacco-free nicotine pouch. According to the update, Kaival Brands has significantly increased the distribution of Bidi(TM) Stick products through national retailers. Most notably, Kaival Brands anticipates expanding the presence of Bidi Vapor products in Circle K stores from more than 2,000 to more than 5,000 locations by year-end 2020. Concurrent with the Circle K rollout, Kaival Brands has secured commitments to add thousands of new retail locations beginning in December through January 2021. The commitments are from several top tier c-store partners, including 7-Eleven, and will result in an overall nationwide rollout to 30,000 stores. “Demand for the Bidi(TM) Stick, along with new store commitments, has led to pre-sale numbers for November 2020 that are higher than total revenue reported for the second quarter of 2020,” said Kavial Brand’s CEO Niraj Patel. “The quality of the Bidi(TM) Stick, our stewardship of the environment, and our strict compliance process around minors has created a loyal customer base.”
To view the full press release, visit https://nnw.fm/xPBdu
About Kaival Brands Innovations Group Inc.
Kaival Brands is a company focused on growing and incubating innovative and profitable products into mature and dominant brands in their respective markets. The company’s mission is to develop internally, acquire, own, or exclusively distribute these innovative products and grow each into dominant market-share brands with superior quality and recognizable innovation. For more information, visit the company’s website at www.KaivalBrands.com.
NOTE TO INVESTORS: The latest news and updates relating to KAVL are available in the company’s newsroom at http://nnw.fm/KAVL
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork
