Kaival Brands Innovations Group Inc (KAVL)

[Shepo69]

I see short term set backs for long term success.
They were projecting 400 mil based on the market at that time, and they were on track. Then with the FDA crap and changes they saw coming, they decided last fall to make changes to the way the market the product so they could ensure they would be able to continue to sell after the FDA decision.
That set them back last fall. But set them up for success longer term. They made sure they were above and beyond the FDA's base line. They also changed the way the sell some of their product. They stated that initially they were looking to make the pouch with synthetic nicotine, but then again saw the writing on the wall with the FDA probably going to classify it as drug, and the issues that would cause. So held up on that, until things were clearer.
So what some see as inaction, I guess I see as looking forward to what is coming and making sure they are in a position to still be around and not wasting money on something they wont be able to market. This FDA thing really f'd up a lot of companies, Kaval is still here. Time will tell.