Kaival Brands (NASDAQ: KAVL), the exclusive global distributor of products by Bidi(R) Vapor LLC, including the BIDI(R) Stick disposable electronic nicotine delivery system (“ENDS”), and Bidi Vapor announced that a recent survey showed that 80% of adult e-cigarette users and cigarette smokers who responded prefer the BIDI Stick over their current options, including open systems, cartridges/pods and other disposable e-cigarettes. The survey was conducted in the United Kingdom by North Carolina-based research firm Voccii LLC and involved 101 adult users of vaping products and combustible cigarettes and tested preferences between four BIDI Stick flavors with the products that the subjects typically used. Additional survey results indicated that any flavors should do well in the UK (“UK”) market. “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 Bidi Vapor and Kaival Brands president and CEO Niraj “Raj” Patel in the press release. “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. It’s comforting to know you’re competing on a level playing field.”
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About Kaival Brands Innovations Group Inc.
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. The company’s vision is to develop internally, acquire, own or exclusively distribute these innovative products and grow each into dominant market-share brands with superior quality and recognizable innovation. Kaival Brands is the exclusive global distributor of all products manufactured by Bidi Vapor. For more information about the company, visit www.KaivalBrands.com.
NOTE TO INVESTORS: The latest news and updates relating to KAVL are available in the company’s newsroom at http://ibn.fm/KAVL
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