Replies to post #12694 on Kaival Brands Innovations Group Inc (KAVL)

[daiello]

Don't forget, Q1 was Nov-Jan.

I'm sure there was a bit of spill over with the new packaging so orders might have been slow in November but from a recent PR:

It is important to note our 2020 sales of just under $100 million were achieved with a distribution network of 10,000 stores and in less than 10 months of operation. Today's new distribution partner announcements bring our network to over 46,000 store locations. The strength and breadth of these partnerships fuels our confidence in our ability to meet or exceed our 2021 projection of $400-450 million in sales.
https://www.otcmarkets.com/stock/KAVL/news/Kaival-Brands-Expands-Distribution-with-New-Agreements-Store-Count-46000?id=291471

You can get an idea of what DID NOT happen in Q1 and why they are optimistic about Q2 and beyond...

The Bidi™ Pouch debuts in the market on February 1, 2021.
https://www.otcmarkets.com/stock/KAVL/news/Kaival-Brands-Debuts-Bidi--Pouch-Product?id=287464

The Knoxville, Tennessee-based, 100-year-old Hackney has over 20 distribution centers throughout the Southeast and Midwest supporting approximately 25,000 convenience stores. Hackney's first order of Bidi® Sticks shipped on January 28.
https://www.otcmarkets.com/stock/KAVL/news/Kaival-Brands-Increases-Point-of-Sales-by-25000-Locations?id=288559

[daiello]

$100M in 10 months, with only roughly 10k stores and only 1 product.

Now we have roughly 50k stores, and 2 products. They are different products too, so it shouldn't cannabalize the other.

Q2 should be big with Q3/Q4 even bigger.