Kaival Brands Innovations Group Inc. (KAVL) Focused on Gaining Share in Multi-Billion Dollar Global E-Cigarette Market
Kaival Brands reported $32mn in revenues for the quarter ending July 2020, up 44% QoQ The growth has been driven by the mounting popularity of KAVL’s flagship product, the Bidi(TM) Stick vaping device Product’s recent growth has far outpaced the growth rate of the e-cigarette sector, which has seen overall sales rise by 15.6% YoY as of August 2020 Kaival taking next steps to broaden distribution footprint, seeks to gain share in global e-cigarette market, which is set to grow to $53.9 billion by 2027 Kaival Brands Innovations Group (OTCQB: KAVL) is a company which has rapidly garnered a reputation…