Kaival Brands Acquires Extensive Vaporizer And Inhalation Patent Portfolio To Diversify Product Offerings And Create New Revenue Opportunities
Kaival Brands Acquires Extensive Vaporizer And Inhalation Patent Portfolio To Diversify Product Offerings And Create New Revenue Opportunities
05/31/23, 12:05 PM
Location
grant-valkaria
Industry
fashion
manufacturing
e commerce
Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company" or "we,” “our” or similar terms), the exclusive distributor of all products manufactured by Bidi Vapor, LLC (“Bidi Vapor”), including the BIDI® Stick electronic nicotine delivery system (ENDS), which are intended for adults 21 and over, today announced it has acquired an extensive patent portfolio from GoFire, Inc. with the goal of diversifying its product offerings and creating near and longer term revenue opportunities.
Company Info
Location
GRANT-VALKARIA, Florida, United States
Company info
Based in Grant-Valkaria, Florida, Kaival Brands is a company focused on incubating innovative and profitable adult-focused products into mature and dominant brands, with a current focus on the distribution of electronic nicotine delivery systems (ENDS) also known as “e-cigarettes”. Our business plan is to seek to diversify into distributing other nicotine and non-nicotine delivery system products (including those related to hemp-derived cannabidiol (known as CBD) products). Kaival Brands and Philip Morris Products S.A. (via sublicense from Kaival Brands) are the exclusive global distributors of all products manufactured by Bidi Vapor.
Learn more about Kaival Brands at https://ir.kaivalbrands.com.