International Licensing Agreement between Kaival Brands & Philip Morris International Moves into Next Phase

Bidi Vapor IP, patents, and development methods used to launch VEEBA outside of the U.S.

GRANT, Fla., July 25, 2022  /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) ("Kaival Brands," the "Company," or "we"), today reported on the launch of PMI's custom-branded self-contained e-vapor product, VEEBA, in Canada. This follows a recently announced international licensing agreement with Philip Morris Products S.A. Kaival Brands is the U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), which are intended for legal-age nicotine users.