We are happy to announce that Bidi Vapor has been granted a stay order by the FDA.
Which means all 11 flavors of the BIDI®️ Stick are now legal to market and distribute as the FDA is currently reviewing the previously released MDO.
NEWS PROVIDED BY
November 3, 2020
Bidi Vapor will soon launch the BIDI®️ Nicotine Pouch. Engineered to provide a premium smokeless nicotine experience to its users, the BIDI®️ Pouch is made from a tobacco-free nicotine formulation.
The BIDI®️ Pouch takes advantage of Bidi Vapor’s proprietary nicotine-delivery method on the heels of the growing popularity of the company’s premium vape pen, the BIDI®️ Stick. Having established a strong wholesale-distribution network with its premium vape pen, the BIDI®️ Stick will allow for immediate distribution of the BIDI®️ Pouch through existing channels, Bidi Vapor wrote in a press statement.
Worldwide, the nicotine-pouch sector is projected to grow to $3.35 billion by 2025, up from $637.8 million in 2019, according to Market Study Report. The category has continued to explode recently, with New York-based Nielsen reporting an increase in unit sales of 498 percent in U.S. convenience stores over the 24 weeks ending May 30, 2020.
“We are excited to introduce the BIDI®️ Pouch to adult consumers,” said Niraj Patel, CEO of Kaival Brands Innovations Group, which has an exclusive partnership and distribution deal with Bidi Vapor. “This is one of several initial steps we are taking towards our goal of providing improved products that are more sustainable.”
Thank you for signing the Wholesalers and Direct Retailers Agreement & Terms (“Agreement”). By signing this Addendum, you agree to the following clarification of the intent of the Agreement with regard to the Age-Verification process and online sales as it relates to your role as a reseller to another reseller (those that resell to other resellers, herein “Wholesalers”). The following clarification does not apply or modify the terms of the Agreement related to any sales to, or marketing you may make directed to, end user customers of BIDI® Sticks (the “products”).
With regard preventing underage access to the product and marketing to underage persons, to the extent you do not control the sales practices of your resellers, you agree to act responsibly and comply with your own obligations under the law and in support of the policies in the Agreement in your role as a reseller of the products you purchase and sell under the Agreement. For instance, although you may not control that a cashier checks IDs, you will not sell to those resellers who have a history of selling to minors, as indicated in the FDA’s retailer inspection database. You will not sell and will cease selling to resellers upon knowledge of underage sales of the products or other non-compliance with the law related to sales of such products.
As a reminder, Kaival Brands Innovations Group, Inc. (“Kaival”) specifically prohibits any sellers at any level from selling the products via online sales to end user customers without prior written approval from Kaival. You as a Wholesaler agree you will not sell to those resellers that you know intend to sell the products online, and you will not permit such activity in terms with resellers or otherwise.
You will make our requirements for resellers known to those you sell product to, which can include providing them a copy of Bidi Vapor’s Retailer Pledge, and a link to our website where our terms reside and/or passing down policies (including by posting them on an internal ordering portal) so that such resellers are aware of them. All other terms of the Agreement as it relates to Wholesaler shall continue to apply.
Please indicate your agreement by clicking below.