Kaival brands amends agreement with phillip morris international for distribution of ends products

Grant-valkaria, fla., aug. 17, 2023 (globe newswire) -- 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 that its wholly-owned subsidiary, kaival brands international, llc (“kbi”), has amended its agreement with philip morris products s.a. (“pmpsa”), a wholly owned affiliate of philip morris international inc. (“pmi”) (nyse: pm), for the development and distribution of electronic nicotine delivery system (“ends”) products in markets outside of the u.s.
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