- Kaival Brands’ flagship product, vaping device Bidi(TM) Stick, has rapidly taken dominant position in e-cigarette market
- E-cigarette segment set to grow to market size of $59.3 billion by 2027, CAGR of 19.6% over next seven years
- The Bidi(TM) Stick now available across thousands of retailers in United States, as far afield as Guam
- Kaival Brands recently reported blowout earnings, with quarterly sales surpassing $32 million
Kaival Brands Innovations Group (OTCQB: KAVL), which focuses on growing and incubating innovative and profitable products into mature, dominant brands, is the sole distributor of the Bidi(TM) Stick, an innovative completely-contained disposable nicotine vaping device designed to provide adult smokers with a premium vaping experience. The Bidi(TM) Stick has rapidly taken on a dominant position within the global e-cigarette market – a segment which is projected to grow to a market size of $59.3 billion by 2027, representing a CAGR of 19.6% over the next seven years. With consumers increasingly opting to switch to e-cigarettes amid growing awareness of the advantages of consuming smokeless and ashless nicotine products, brands such as Kaival Brands are well-positioned to make their presence felt in a space where innovation and compliance are essential determinants of success (https://nnw.fm/8NTew).
Kaival Brands has established a budding reputation for growing and incubating innovative products and developing them into dominating in their respective markets– an approach which the company is now bringing to the rapidly growing vaping sector. As the exclusive distributor of the Bidi Stick, Kaival has sought to create a…
NOTE TO INVESTORS: The latest news and updates relating to KAVL are available in the company’s newsroom at http://nnw.fm/KAVL
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