Bidi

Kaival Brands Reports Fiscal 2024 First Quarter Financial Results and Provides Business Update

Retrieved on: 
Wednesday, March 27, 2024
Bidi, Tax, Growth, Stick, Inhalation, KAVL, Security (finance), Insurance, Advertising, Patel

GRANT-VALKARIA, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands" or the "Company,"), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), on Monday announced its financial results for the fiscal 2024 first quarter ended January 31, 2024 and provided a business update.

Key Points: 
  • GRANT-VALKARIA, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands" or the "Company,"), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), on Monday announced its financial results for the fiscal 2024 first quarter ended January 31, 2024 and provided a business update.
  • Reduced net inventories to $2.1 million as of January 31, 2024, down 49.5% from $4.1 million as of October 31, 2023.
  • Terminated service agreement with QuikFillRx (d/b/a Kaival Marketing Services), the third-party service provider responsible for increasing sales of Bidi Sticks, effective February 22, 2024.
  • Revenues: Revenues for the first quarter of fiscal year 2024 were $3.2 million, compared to $2.5 million in the same period of the prior fiscal year.

Vaping Podcast: Updates on Flavors, MDOs and Synthetics

Retrieved on: 
Tuesday, March 15, 2022
MDOS, Bidi, Technology, GLOBE, MDO, Tobacco, FDA, Keller, Stick, LLC, Compliance, Adult, UL, CSP, Food, CEO, Industry, Smoker, Regulation of tobacco by the U.S. Food and Drug Administration, Marketing

The podcast features tobacco and e-cigarette expert Azim Chowdhury, who discusses the current complexities surrounding the vaping industry.

Key Points: 
  • The podcast features tobacco and e-cigarette expert Azim Chowdhury, who discusses the current complexities surrounding the vaping industry.
  • A partner in the Washington, D.C.-based law firm Keller and Heckman LLP, Chowdhury is joined by two executives from Melbourne, Fla.-based Bidi Vapor, LLC.
  • The general status of MDOs in the vaping category and the future of flavors.
  • "The vaping industry is facing a difficult road ahead," said Niraj Patel, president and CEO of Bidi Vapor.

FDA Enters Administrative Stay of Bidi Vapor's Marketing Denial Order for its Flavored ENDS

Retrieved on: 
Wednesday, October 27, 2021
KAVL, Compliance, TCA, Technology, United States Court of Appeals for the Eleventh Circuit, APA, Administrative Procedure Act (United States), Petition for review, Industry, Security (finance), Family Smoking Prevention and Tobacco Control Act, UL, U.S. Securities and Exchange Commission, NASDAQ, FDA, View, Marketing, Motion, Nicotine, ENDS, Bidi, APPH, Adult, PK, Smoking, LLC, Company, Circuit court, Regulation, Smoker, COVID-19, Intention, Multimedia, CEO, Public health, Review, Tobacco Control Act of Bhutan 2010, Tobacco, Administration, List, MDO, Constitution, Dietary supplement, Generic drug

FDA confirmed that while it reviews Bidi Vapor's request, its flavored BIDI Sticks can remain on the market without the threat of enforcement.

Key Points: 
  • FDA confirmed that while it reviews Bidi Vapor's request, its flavored BIDI Sticks can remain on the market without the threat of enforcement.
  • Despite submitting scientifically rigorous PMTAs and keeping FDA informed about its ongoing clinical and behavioral studies, Bidi Vapor received an MDO for its flavored BIDI Sticks, along with nearly all other manufacturers of flavored ENDS, in early September 2021.
  • "We appreciate FDA's decision to stay, or put on hold, the MDO as it reconsiders its denial.
  • Based in Melbourne, Florida, Bidi Vapor maintains a commitment to responsible marketing, supporting age-verification standards and sustainability through its BIDI Cares recycling program.

Bidi Vapor Initiates Legal Challenge of FDA's Marketing Denial Orders for its Flavored ENDS

Retrieved on: 
Thursday, September 30, 2021
Food, Compliance, MDO, Administration, Smoker, Regulation of tobacco by the U.S. Food and Drug Administration, United States Department of Health and Human Services, APA, FDA, United States Court of Appeals for the Eleventh Circuit, ENDS, Family Smoking Prevention and Tobacco Control Act, Adult, Constitution, Marketing, List, Public health, CEO, UL, Company, Bidi, COVID-19, Technology, Tobacco Control Act of Bhutan 2010, Petition for review, DHHS, TCA, APPH, Administrative Procedure Act (United States), Department, Medical device

Despite submitting scientifically rigorous PMTAs and keeping FDA informed about its ongoing clinical and behavioral studies, Bidi Vapor received an MDO for its flavored BIDI Sticks, along with nearly all other manufacturers of flavored ENDS, in early September 2021, just ahead of FDA's court-ordered PMTA review deadline.

Key Points: 
  • Despite submitting scientifically rigorous PMTAs and keeping FDA informed about its ongoing clinical and behavioral studies, Bidi Vapor received an MDO for its flavored BIDI Sticks, along with nearly all other manufacturers of flavored ENDS, in early September 2021, just ahead of FDA's court-ordered PMTA review deadline.
  • Based in Melbourne, Florida, Bidi Vapor maintains a commitment to responsible marketing, supporting age-verification standards and sustainability through its BIDI Cares recycling program.
  • Bidi Vapor is also adamant about strict compliance with all federal, state, and local guidelines and regulations.
  • At Bidi Vapor, innovation is key to our mission, with the BIDI Stick promoting environmental sustainability, while providing a unique vaping experience to adult smokers.

Bidi Vapor Forges Ahead With Product-Specific Studies to Meet FDA's Rigorous Public Health Standard for Marketing ENDS

Retrieved on: 
Thursday, September 23, 2021
Food, Perception, Compliance, Stick, Smoker, Tobacco, Sale, FDA, Nicotine, ENDS, Family Smoking Prevention and Tobacco Control Act, Adult, Marketing, Public health, CEO, UL, Food and Drug Administration, Company, Program, LLC, Blair Brandt, COVID-19, Bidi, Technology, Intention, Research, Tobacco Control Act of Bhutan 2010, Organization, Smoking, Tobacco control, Herbal cigarette, United Kingdom, APPH, GLOBE, Medical device

According to Raj Patel, CEO, "Bidi Vapor stands behind its scientifically rigorous PMTAs, which we believe meet the Tobacco Control Act's public health standards.

Key Points: 
  • According to Raj Patel, CEO, "Bidi Vapor stands behind its scientifically rigorous PMTAs, which we believe meet the Tobacco Control Act's public health standards.
  • These behavioral studies would further assess the role of non-tobacco flavored BIDI Sticks in combusted cigarette switching for adult smokers.
  • Based in Melbourne, Florida, Bidi Vapor maintains a commitment to responsible marketing, supporting age-verification standards and sustainability through its BIDI Cares recycling program.
  • For additional questions about this press release, email Angel Abcede, press manager, QRx Digital for Bidi Vapor, LLC at [email protected] .

Kaival Brands Reports Results for Fiscal Third Quarter 2021

Retrieved on: 
Tuesday, September 14, 2021
KAVL, U.S. Securities and Exchange Commission, Food, MDOS, Menthol, Security (finance), UL, Regulation of tobacco by the U.S. Food and Drug Administration, Premarket tobacco application, FDA, Family Smoking Prevention and Tobacco Control Act, MDO, Marketing, Technology, Federal Food, Drug, and Cosmetic Act, Foundation, Tax, Company, Pressure, Perception, Intention, LLC, View, Tobacco, Adult, Industry, Bidi, NASDAQ, Growth, United Kingdom, COVID-19, Multimedia, Public health, PK, Smoker, Compliance, Sale, Nielsen, ENDS, Regulation, Congress, Generic drug, Pharmaceutical industry, Animal, Medical device

GRANT, Fla., Sept. 14, 2021 /PRNewswire/ -- Kaival Brands Innovations Group, Inc .

Key Points: 
  • GRANT, Fla., Sept. 14, 2021 /PRNewswire/ -- Kaival Brands Innovations Group, Inc .
  • These tangential consequences of the PMTA process have resulted in the third quarter of fiscal 2021 being an extremely challenging quarter for us.
  • These impacts ultimately affected our financial results for the quarter ended July 31, 2021.
  • Based in Grant, Florida, Kaival Brands is a company focused on growing and incubating innovative and profitable products into mature and dominant brands in their respective markets.

Kaival Brands (OTCQB: KAVLD): Announces Re-launch of COVID-delayed Bidi™ Pouch, Initial Distribution Secured

Retrieved on: 
Friday, July 23, 2021
Bidi, Psychoactive drugs, Tobacco, Writing, Branches of biology

Kaival Brands (OTCQB: KAVLD): Announces Re-launch of COVID-delayed Bidi Pouch, 8,000 Points of Distribution Secured

Key Points: 
  • Kaival Brands (OTCQB: KAVLD): Announces Re-launch of COVID-delayed Bidi Pouch, 8,000 Points of Distribution Secured
    As previously disclosed by the Company, the Bidi Pouchroll out had been delayed due to COVID-based manufacturing and supply chain constraints.
  • Both Kaival Brands and BidiVapor are vehemently opposed to all illegal underage tobacco use, including ENDS use, by minors.
  • As a result, Bidi Vapor and the Company are considered under common control and Bidi Vapor is considered a related party.
  • Kaival Brands is the exclusive global distributor of all products manufactured by Bidi Vapor.

Kaival Brands (OTCQB: KAVL): Bidi® Vapor Announces Issuance of New U.S. Patents

Retrieved on: 
Tuesday, July 20, 2021
Intangible assets, Intellectual property law, Intellectual property organizations, Monopoly, Patent, United States Patent and Trademark Office, Bidi, Trademark, United States patent law, Marketing

GRANT, Fla., July 20, 2021 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive global distributor of products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), today announced that the United States Patent and Trademark Office ("USPTO") has issued two additional U.S. patents to Bidi Vapor: Patents Nos.

Key Points: 
  • GRANT, Fla., July 20, 2021 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive global distributor of products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), today announced that the United States Patent and Trademark Office ("USPTO") has issued two additional U.S. patents to Bidi Vapor: Patents Nos.
  • "With the issuance of Bidi Vapor's third and fourth patents, Kaival Brands is proud to continue to be the exclusive global distributor of all products manufactured by BidiVapor" adds Eric Mosser, Chief Operating Officer of Kaival Brands.
  • Bidi Vapor's portfolio includes two other U.S. patents issued earlier this year covering the entire Bidi Stick (U.S. Patent No.
  • As a result, Bidi Vapor and the Company are considered under common control and Bidi Vapor is considered a related party.

Kaival Brands (OTCQB: KAVL): Bidi® Vapor Secures Intellectual Property Protections in China

Retrieved on: 
Thursday, July 15, 2021
Intangible assets, Monopoly, Intellectual property law, Patent law, Intellectual property, Social information processing, Bidi, Patent, The arts, Creativity

GRANT, Fla., July 15, 2021 /PRNewswire/ --Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive global distributor of products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), today announced that Bidi Vapor has been granted two copyright protections and two patents by China.

Key Points: 
  • GRANT, Fla., July 15, 2021 /PRNewswire/ --Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive global distributor of products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), today announced that Bidi Vapor has been granted two copyright protections and two patents by China.
  • (OTCQB: KAVL): Bidi Vapor Secures Intellectual Property Protections in China, adds to growing global IP portfolio
    The first patent, China Patent No.
  • Bidi Vapor has also secured copyrights for both the Bidi Stick and Bidi Cares names.
  • Mr. Patel went on, "These patent and copyright protections significantly bolster our global intellectual property protection portfolio we now have intellectual property protections in the United States, European Union, Australia, and China.

Kaival Brands (OTCQB:KAVL) Announces Bidi Vapor to Resume Attendance at Live Trade Shows as Vaccination Rates Rise

Retrieved on: 
Thursday, July 8, 2021
Tobacco, Electronic cigarettes, Smoking, Health effects of tobacco, Smoking cessation, Electronic cigarette, Bidi

Kaival Brands is the exclusive global distributor of products manufactured by Bidi Vapor, including the BIDI Stick disposable electronic nicotine delivery system ("ENDS"), which is intended exclusively for adults 21 and over.

Key Points: 
  • Kaival Brands is the exclusive global distributor of products manufactured by Bidi Vapor, including the BIDI Stick disposable electronic nicotine delivery system ("ENDS"), which is intended exclusively for adults 21 and over.
  • "As COVID-19 restrictions loosen, Bidi Vapor and Kaival Brands are happy to return to a more face-to-face form of marketing," says Niraj Patel, president and Chief Executive Officer of Kaival Brands.
  • Bidi Vapor executives and sales personnel are scheduled to attend the following business-to-business ("B2B") trade events:
    VOXPO Vape Live (virtual), London, England; July 28-30, 2021; Visit https://voxpoevents.com/event/vape-live/ .
  • As a result, Bidi Vapor and the Company are considered under common control and Bidi Vapor is considered a related party.