Kaival Brands Innovations Group Inc. (KAVL) Benefits from Vaping Industry’s Explosive Growth

October 7, 2020 11:16:32
  • 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…

Read More>>

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 a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization 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. 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 77948 (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
212.418.1217 Office

NetworkNewsWire is part of the InvestorBrandNetwork.