Kaival Brands Leads the Way in Compliance as FDA Ramps Up Enforcement of Illicit Vape Products

GRANT-VALKARIA, Fla., Nov. 07, 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 provided an update on the evolving regulatory landscape of the e-cigarette and vaping industry. As the exclusive U.S. distributor of products manufactured by Bidi Vapor, LLC, which are fully compliant with all current FDA regulations, Kaival Brands is positioned at the forefront of the market as the FDA intensifies its enforcement actions against non-compliant and illicit e-cigarette products.

Recent reports have highlighted a significant increase in the FDA's enforcement activities, targeting unauthorized vape products that have flooded the market. The FDA's efforts have become more strategic and impactful, with a focus on intercepting illegal imports and issuing fines and injunctions against violators. This crackdown is expected to reshape the competitive landscape, particularly within large regional and national retailers, where compliance with federal regulations is paramount.

In light of the U.S. International Trade Commission's (ITC) ongoing efforts to address unfair imports and sales practices in the vaping sector, Kaival Brands underscores the importance of such regulatory actions in maintaining a fair and lawful marketplace. The ITC's role in investigating and potentially issuing exclusion and cease and desist orders against illicit imports is a critical component in the fight against the unauthorized e-cigarette market.

Kaival Brands commends both the ITC’s and the FDA's commitment to enforcing the law and protecting public health. The Company's partnership with Bidi Vapor ensures that its offerings, including the BIDI Stick, are not only compliant with all FDA regulations but also do not contribute to the youth vaping epidemic. Bidi Vapor's stringent marketing and age-verification practices demonstrate an industry-leading stance on responsible consumption.

"As the FDA continues to clear the market of illicit and non-compliant e-cigarette products, Kaival Brands stands ready to meet the demand for legal and regulated alternatives," said Eric Mosser, President and CEO of Kaival Brands. "Our commitment to compliance and excellence positions us to capture a significant market share as the FDA's enforcement actions take effect."