Business

REPEAT – TAAT ™ is currently sold in over 2,500 retail stores in the United States. CanadianBusinessJournal

Las Vegas and Vancouver, British Columbia, March 23, 2022 (GLOBE NEWSWIRE) — TAATGLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (“Company” or “TAAT”“) As of the third week of March 2022, we are pleased to announce that more than 2,500 retailers in the United States have TAAT ™. original, SmoothWhen menthol..among them January 11, 2022 Press Release, We announced that within approximately a year of launching TAAT ™ at retail stores in Ohio in late December 2020, we had more than 2,000 stores in the United States. Based on this recent track record, we added an average of about 45 new US stores each week. 2022. TAAT ™ continues to leverage its network of distributors to further expand the number of stores, increase its point-of-sale presence and encourage the first purchase of TAAT ™ products in place of tobacco. ..

For clarity, the current US store count of at least 2,500 TAAT ™ retailers does not include establishments that purchased TAAT ™ on a wholesale basis through channels that do not provide retailer account data (().for example, Distributors who choose not to report such information, choose “cash and carry” warehouses that do not get buyer details). As a result, our overall footprint in the United States is expected to be greater than the 2,500 stores identified as of this week. In addition to retail in-store, we sell TAAT ™ directly to consumers through ourselves. TryTAAT E-commerce platform. Allows the majority of US smokers to order TAAT ™ for home delivery. Through parallel marketing initiatives such as the TAAT ™ billboard being placed in a specific market, TAAT ™ aims to strengthen its brand’s macro-level awareness and further establish it in the range of mainstream tobacco products.

Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6e28955d-d02e-43fb-b1d7-17cce39ed394.

Readers using news aggregation services may not be able to view the above media. SEDAR or Investor public relations See the section on our website for a version of this press release, including all published media.

Joe Deighan, founder of TAAT ™, commented:That is,Place TAAT ™ in a highly visible location for consumers to see (more than a few packs of test stock). Products such as TAAT ™ are fairly easy to place in a separate smoke shop, but there are more nuances when it comes to increasing their presence in the convenience category where the majority of smokeable products are sold. I have. Therefore, our commercialization strategy focuses on appealing to convenience channel buyers and merchandisers who understand how TAAT ™ is optimally placed compared to traditional tobacco products. I am. As consumers continue to visit stores nationwide in search of TAAT ™, retailers recognize that it is important to place our products in the main space of cigarette display shelves. Not only does it provide what customers want, but TAAT ™ is significantly more profitable than cigarette packs such as Marlboro. In short, they have a financial incentive because it is much more advantageous to convert their customers to TAAT ™ in the long run. By providing win-win to wholesalers, retailers and consumers alike, TAAT ™ enjoys continued growth in market share as an innovative provider of better choices for today’s smokers. rice field. “

On behalf of our board of directors

TAATGLOBAL ALTERNATIVE SINC.

“Setticos Carrera”

Setti Coscarella, CEO and Director

For more information, please contact:

TAAT ™ Investor Relations
1-833-TAAT-USA (1-833-822-8872)
Investor@taatglobal.com

The Canadian Stock Exchange (“CSE”) has not considered the accuracy or validity of this release and is not responsible for it. Also, there are no CSE regulatory service providers.

About TAATGlobal Alternatives Inc.

We have developed a tobacco- and nicotine-free TAAT ™ to replace the traditional cigarettes offered in the “original,” “smooth,” and “menthol” varieties. The base material for TAAT ™ is Beyond Tobacco ™. This is a unique blend that uses patent-pending refining technology to resemble tobacco in its aroma and taste. Under the leadership of “Big Tobacco” pedigree, TAAT ™ was first launched in the United States in the fourth quarter of 2020.1 The world tobacco industry.

For more information, please visit: http://taatglobal.com..

References

1Statista: Consumer Market-Tobacco Products

Description of future prospects

This news release contains “forward-looking information” in the sense of applicable Canadian securities law. In many cases, but not always, information or information about the future outlook is “planning,” “expecting,” “not expecting,” “expected,” “estimating,” “intended,” or “predicting.” “Do”, “Unpredict”, “Believe”, or variations of such words or phrases, or certain actions, events, or outcomes are “possible”, “possible”, “possible” Taken, occurred, or achieved, stating “yes”, “possible”, “possible”. In addition to the following, the information about the future outlook for this news release includes a statement about the expected performance of TAAT ™ in the tobacco industry. The sustainable presence of TAAT ™ in US retail stores, the continued growth of our retail footprint. Forward-looking information reflects management’s current expectations based on currently available information, with many risks that may result in significantly different results from those described in the forward-looking information. Affected by uncertainty. We believe that the assumptions and factors used to create information about the future outlook are reasonable, but we should not place undue reliance on such information and such events have been disclosed. There is no guarantee that it will not occur within the time frame or at all. Factors that may cause actual results or events to differ materially from current expectations include: (Ii) Growth and size changes in the tobacco market. (Iii) Other factors beyond our control. We operate in a rapidly evolving environment. New risk factors occur from time to time and it is not possible for our management to predict all risk factors, and we have the impact of all factors on our business or any combination of factors or factors. It is also not possible to assess how much it affects. Actual results may differ from those contained in the forward-looking information. The forward-looking information contained in this news release was produced as of the date of this news release, and we will update or revise the forward-looking information as a result of new information, future events, etc. Explicitly deny any intention or obligation. , Except as required by applicable law.

The statements in this news release have not been evaluated by Health Canada or the US Food and Drug Administration. Due to individual differences, the benefits of taking our products vary from person to person. No claim or warranty can be made regarding the impact of our products on personal health and well-being. Our products are not intended to diagnose, treat, cure or prevent any disease.

This news release typically has the trademark name (or brand name) of the third party entity with reference to (i) the company’s relationship with the third party entity mentioned in this release and / or (ii). Each product) may be included. ) In this release, client / vendor / service provider stakeholders whose relationships with the company are referenced. All rights to such trademarks are reserved by their respective owners or licensees.

Statement on a third-party investor public relations company

Disclosures regarding investor public relations firms owned by TAAT ™ Global Alternatives Inc. are under our profile. http://sedar.com..


CBJ News Maker

REPEAT – TAAT ™ is currently sold in over 2,500 retail stores in the United States. CanadianBusinessJournal

Source link REPEAT – TAAT ™ is currently sold in over 2,500 retail stores in the United States. CanadianBusinessJournal

Related Articles

Back to top button