Kaival Brands Innovations Group Inc (KAVL)

[BuyNStonks]

I'm Done.

I can't fault them for the stuff happening with FDA and flavored vapes.

I can fault them for their failure to execute!

Last year they entered into an agreement to acquire patents related to synthetic nicotine. The pouch was supposed to have synthetic nicotine in it. As recently as July, when they were talking about bringing pouch manufacturing in house, they reiterated that pouches would have synthetic nicotine.

Last nights 8k says the pouch is delayed yet again because it's using tobacco derived nicotine and must now go through the PMTA process. They have also done a complete 180 on synthetic nicotine and now state they are lobbying the FDA to regulate it like regular nicotine. They screwed something up on the pouches and changed their whole position on synthetic nicotine to provide cover for it.

I was thinking about buying back during the crash but these guys are FUBAR. Believed in the company for a good long while but it's been misstep after misstep.