Kaival Brands (OTCQB: KAVL), a company focused on generating shareholder value by incubating innovative products into mature and dominant brands within their respective markets, has announced the upcoming launch of the Bidi(TM) Nicotine Pouch. Kaival Brands has an exclusive partnership and distribution agreement with Bidi(TM) Vapor, the creator of the Bidi Pouch, which is designed to provide a premium smokeless nicotine experience. The pouch features a tobacco-free nicotine formulation packed into an easy-to-carry pouch. With the nicotine-pouch sector forecast to reach $3.35 billion by 2025, the potential for the new product looks to be significant. The Bidi Pouch is positioned to leverage the growing use and popularity of Bidi’s premium vape pen, the Bidi(TM) Stick, and will be distributed through existing channels. Those channels will increase as Bidi Vapor continues to expand its partnerships with nationally recognized convenience retail chains such as Circle K and Fas Mart. The company anticipates a rollout in more than 10,000 more partner locations this quarter. “We are excited to introduce the Bidi Pouch to adult consumers,” said Kaival Brands CEO Niraj Patel in the press release. “This is one of several initial steps we are taking toward our goal of providing improved products that are more sustainable. The Bidi Pouch does not contain any tobacco-derived substance, and we look forward to seeing its performance in the market.”
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About Kaival Brands Innovations Group Inc.
Kaival Brands is focused on growing and incubating innovative and profitable products into mature and dominant brands in their respective markets. Kaival’s vision 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.
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