Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Poised to Benefit from Ongoing Shift Away from Combustible Tobacco Products

• Kaival Brands has recently begun in-house production of the revolutionary Bidi Pouch, with views towards commercializing it from September onwards
• The Bidi Pouch will be targeted at the rapidly growing nicotine pouches market, which is forecast to be worth $32.8bn by the end of 2026
• A recent peer-reviewed article in the American Journal of Public Health promoted vaping and smoke-free nicotine products as a “safer” alternative to combustible tobacco
• Kaival Brands’ product portfolio is set to position the company to benefit from the ongoing shift in consumer demand

Kaival Brands Innovations Group (NASDAQ: KAVL) is a company that has rapidly garnered a reputation for fostering and incubating innovative companies into mature, dominant brands. As such, the success of the Bidi(TM) Stick, an innovative nicotine vaping device designed to provide adult smokers with a premium vaping experience and for which Kaival Brands operates as the sole distributor, comes as no surprise. The company has recently announced plans to broaden its product portfolio through the launch of the Bidi(TM) Pouch, a proprietary tobacco-free nicotine formulation packed in an easy-to-go plastic can, which will begin to go on sale as of September 2021 (https://ibn.fm/jYCUn) (https://nnw.fm/dOCl0).

The Bidi(TM) Pouch, which Kaival Brands will be manufacturing entirely in-house, will seek to address a product category that has witnessed an incredible growth spurt over the past few years. A study by MarketResearch.com has forecast the global nicotine pouches market to be worth as much as…

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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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