Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Kaival Brands Innovations Group Inc KAVL

Kaival Brands Innovations Group, Inc. is engaged in the sale, marketing, and distribution of electronic nicotine delivery system (ENDS) products, also known as e-cigarettes, in a variety of favors. The Company’s primary product is the Bidi Stick as well as other products manufactured by its affiliate Bidi Vapor LLC (Bidi). It holds the worldwide right to market and distribute the Bidi Stick and certain other products manufactured by Bidi. Bidi Stick is a disposable, tamper resistant ENDS product made with medical-grade components, a battery and technology designed to deliver a consistent vaping experience for adult smokers 21 and over. It distributes products to wholesalers and retailers of ENDS products. BIDI Stick comes in a variety of flavor options for adult cigarette smokers. It does not manufacture any of the products it resells. Its patent portfolio consists of approximately 19 existing and 47 pending with technologies related to vaporization and inhalation technologies.


NDAQ:KAVL - Post by User

Post by AveragePennyon Dec 14, 2021 10:48am
58 Views
Post# 34228741

Research Demonstrates that Adult U.K. Smokers and E-Cig

Research Demonstrates that Adult U.K. Smokers and E-Cig

Charlotte, N.C.-based market research firm, Voccii LLC, conducted a survey in the U.K. to better understand how the BIDI® Stick would perform abroad. The survey concluded that "any of the flavors should do well in the market…," with over 80% of the current vape users in the product survery preferring the BIDI® Stick over their current vaping device. This conclusion cuts across device type, as the BIDI® Stick was compared against open-systems, cartridges/pods and other disposable e-cigarettes.

 

"While the U.S. e-cigarette market numbers have shown that consumers prefer the BIDI® Stick, we are ecstatic to see that the U.K. market research results confirms that the 2% nicotine BIDI® Stick is similarly preferred by adult e-cigarette users and smokers in the U.K.," said Niraj "Raj" Patel, president and CEO of Bidi Vapor and Kaival Brands.

"From a market perspective, the U.K. has unique regulatory standards that help with direct comparisons between competing devices. For instance, all e-cigarettes must have no more than 2% nicotine levels and tank sizes cannot surpass 2 ml," Mr. Patel said.

"It's comforting to know you're competing on a level playing field," Mr. Patel said. "Standardizing certain product attributes means that the participants in the survey prefered whatever is unique about your product, whether it's formulation, quality or how it delivers nicotine. It is exciting to see the real potential of the the BIDI® Stick to help U.K. smokers who are unwilling or unable to quit to find alternatives to cigarettes.

https://finance.yahoo.com/news/research-demonstrates-adult-u-k-132000301.html

<< Previous
Bullboard Posts
Next >>