QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc.’s (NASDAQ: KAVL) Manufacturing Partner Moves to Final Phase of Regulatory Authorization
Kaival Brands (NASDAQ: KAVL), a company focused on developing products into mature, dominant brands, is the exclusive global distributor of a portfolio of premium vape products manufactured by Bidi(R) Vapor LLC. Notably, the Bidi(R) Stick electronic nicotine delivery systems (“ENDS”) product lineup, offering 11 different flavors, followed a regulatory pathway that required the company to submit Premarket Tobacco Product Applications (“PMTAs”). The submission sought authorization to market specific tobacco products introduced after Feb. 15, 2007, unlike any of those previously grandfathered in. “Bidi’s PMTAs have passed the first two phases: received an acceptance letter from the FDA for the PMTA…