Las Vegas and Vancouver, British Columbia, March 18, 2022 (GLOBE NEWSWIRE) — TAAT™ GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (“Company” or “TAAT”™“) We are pleased to announce all three TAAT ™ varieties (original, SmoothWhen menthol) Will be launched in more than 180 new stores in Houston, Texas (the fourth largest city in the United States) and at least 120 stores in Puerto Rico (following a test deployment in Cayey, to be “official” launch. I’m on the way). In the second year of TAAT ™ being sold at retail stores in the United States, we have integrated a marketing program in parallel with nationwide store placement to include a sign near Nevada, a US gas station chain. We have taken steps (as announced) March 2, 2022 Press Release) And chain retailers incentive strategies for converting TAAT ™ sample recipients to full-pack first-time buyers ( February 11, 2022 Press Release). We store in new and existing US markets to enhance the overall availability of TAAT ™ while promoting sales and reorder rates through these parallel initiatives to reach current smokers. We have been actively pursuing placement.
Guaranteed 180 store locations in Houston, Texas
Earlier this week, TAAT ™ pallet shipments arrived at a distributor’s warehouse that guarantees TAAT ™ placement in at least 180 stores (population 2.3 million) in Houston. Tobacco usage in Texas is 14.7%.1, And now Texas-based TAAT ™ retailers make up a relatively small percentage of our total footprint in the United States. As such, we are eager to build our presence in one of the country’s largest city centres to complement the relatively high number of stores in large cities such as Chicago, Illinois and Columbus, Ohio. The launch of TAAT ™ in Houston is scheduled for the same time as the company’s multi-state billboard advertising campaign. December 14, 2021 Press ReleaseIncludes sign placement in Houston, Detroit, Atlanta, and several other US cities.
Official announcement of TAAT ™ in Puerto Rico
TAAT ™ was initially placed at a Puerto Rico distributor in Cayey (population 43,000, approximately 34 miles from San Juan) on a “test” basis in 2021. The company has a high tax on tobacco in Puerto Rico (the highest tax per pack in the United States USD $ 5.10).2).and ASD Market Week At a trade fair in Las Vegas in March 2022, we were introduced to a Puerto Rican distributor and finally placed an order for two TAAT ™ pallets (one complete TAAT ™ pallet). menthol Half pallet split between TAAT ™ original When Smooth) And 180 pre-filled countertop displays (including an additional 6,480 TAAT ™ pack). This purchase order is expected to land in Puerto Rico by April 2022.
Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/22b33864-d973-4afb-b452-8c2613f7bf6c.
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Setti Coscarella, Chief Executive Officer of TAAT ™, commented: With proven reorder rates and validated placements in the hottest gas and convenience chains across the United States, we have established valuable confidence as a serious player in the tobacco industry. We are striving for the goal of growing TAAT ™’s retail footprint in 2022, with the addition of organic stores through distributors, a direct approach to retailers, and trade fair connections. We are making progress. These milestones in the previous calendar for the first quarter of 2022 are impressive and we are excited to continue building on these milestones to make 2022 the best year ever. increase. “
1 – https://www.cdc.gov/statesystem/cigaretteuseadult.html
2 – https://www.tobaccofreekids.org/assets/factsheets/0097.pdf
On behalf of our board of directors
TAAT™ GLOBAL ALTERNATIVE SINC.
Setti Coscarella, CEO and Director
For more information, please contact:
TAAT ™ Investor Relations
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 TAAT™ Global 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..
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”. Information about the future outlook for this news release includes a statement about the expected performance of TAAT ™ in the tobacco industry, in addition to: Placement of TAAT ™ in Houston and Puerto Rico retailers as described in the press release, potential success of TAAT ™ Continued success of TAAT ™ in Houston and Puerto Rico, as well as in the United States. 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 an 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.
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TAAT ™ is available in over 300 stores in Puerto Rico, Texas and Houston. TheCanadianBusiness Journal
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