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Kaival Brands Commends Recent FDA Regulation Efforts

Retrieved on: 
星期三, 八月 30, 2023

GRANT-VALKARIA, Fla., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), which are intended for adults 21 and over, today provided an update on the efforts by the U.S. Food and Drug Administration (“FDA”) to address youth-access prevention, illegitimate, illicit products in the marketplace, and an update on recent announcements by the FDA regarding completion of certain Premarket Tobacco Product Applications (“PMTAs”) by December 2023.

Key Points: 
  • GRANT-VALKARIA, Fla., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), which are intended for adults 21 and over, today provided an update on the efforts by the U.S. Food and Drug Administration (“FDA”) to address youth-access prevention, illegitimate, illicit products in the marketplace, and an update on recent announcements by the FDA regarding completion of certain Premarket Tobacco Product Applications (“PMTAs”) by December 2023.
  • Eric Mosser, Chief Executive Officer of Kaival Brands, stated, “We commend the recent enforcement efforts of the FDA to address the problem of illicit and illegal vaping products in the market right now.
  • The FDA anticipates action on:
    52% of covered PMTAs by March 31;
    53% of covered PMTAs by June 30;
    55% of covered PMTAs by Sept. 30;
    100% of covered PMTAs by Dec. 31.
  • Both the Company and Bidi Vapor have remained steadfastly committed to compliance and youth-access prevention.

FDA Conducts Retailer Inspection Blitz, Cracks Down on Illegal Sales of Popular Disposable E-cigarettes

Retrieved on: 
星期三, 五月 31, 2023

"Protecting our nation's youth from tobacco products – including disposable e-cigarettes – is a top priority for the FDA," said FDA Commissioner Robert M. Califf, M.D.

Key Points: 
  • "Protecting our nation's youth from tobacco products – including disposable e-cigarettes – is a top priority for the FDA," said FDA Commissioner Robert M. Califf, M.D.
  • All products cited in the warning letters are disposable e-cigarettes, which are the most commonly used e-cigarette product type among youth.
  • These efforts include ongoing surveillance of the marketplace to identify violative products, including existing and emerging disposable e-cigarette products.
  • FDA will continue to take action against anyone making, distributing, importing, or selling unauthorized e-cigarette products, especially those most used by youth.