Taat Lifestyle & Wellness Ltd.
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TOBAF Promotional Newsletter
The following is a newsletter released by "Tip" promoting Taat Lifestyle & Wellness Ltd.
TAAT Lifestyle Wellness Ltd. CSE TAAT OTCQX TOBAF
TAAT Lifestyle Wellness Ltd. CSE OTCQX is a life sciences company dedicated to giving legal-aged smokers the choice to keep the smoking experience that they enjoy with no nicotine and no tobacco.
The key players of TAAT Lifestyle Wellness are from leading tobacco brands. They are guiding the mission with the companys proprietary product, TAATTM, which uses the companys proprietary Beyond TobaccoTM base material. The base material undergoes a 14-step process to taste and smell just like tobacco and uses a patent-pending refinement technique.
This provides the company with unique opportunities on the global tobacco market, which was estimated at $849 billion in 2019, with approximately 1.3 billion people using tobacco in some form worldwide .
TAAT Lifestyle Wellness was founded in 2006 and is headquartered in Vancouver, Canada, with operations in Las Vegas, Nevada.
Texas-Based WWV Places CAD $1.25 Million Order of TAATTM for Distribution to its Retail Partner Network Spanning 38 U.S. States
LAS VEGAS and VANCOUVER, British Columbia, April 16, 2021 GLOBE NEWSWIRE -- TAAT LIFESTYLE WELLNESS LTD. CSE TAAT OTCQX TOBAF FRANKFURT 2TP2 the Company or TAAT is pleased to announce that Worldwide Vape Distribution WWV has placed a wholesale order of TAAT Original , Smooth , and Menthol for delivery to its warehouse facility in Dallas, Texas valued at USD $1 million approximately CAD $1.25 million. This order, which is to be fulfilled in batches over the course of 2021, consists of equal quantities of each TAAT variety packaged in the industry-standard format of master cases assembled on shipping pallets for wholesale distribution. After launching TAAT at retail in Ohio in Q4 2020, the Company has leveraged a statewide distribution network to place the product in tobacco points of sale, which has resulted in an average of approximately ten new store placements per week. In February 2021, the Company made TAAT available in other U.S. markets by launching an e-commerce portal through which the majority of smokers aged 21 in the United States can purchase individual flavours of TAAT by the carton for home delivery. The Company anticipates that this wholesale order from WWV can lead to growth of TAATs market footprint in its second full calendar quarter of availability at retail.
In a press release dated , the Company announced WWV as its first distribution partner in the United States, with access to more than 10,000 retail stores across 38 U.S. states through direct and indirect relationships. WWV has an influential position in the category of alternatives to tobacco, representing a large portfolio of firms who manufacture hardware and supplies for electronic cigarettes. In addition to its network of retailers, WWV has an online storefront through which it carries a selection of electronic cigarette hardware and related accessories, e-liquid cartridges, and disposable units. Because a substantial segment of electronic cigarette users are tobacco smokers aged 21, the Company is confident that its line of tobacco-free and nicotine-free combustible products could be aligned with the interests of the customer bases of both WWV and the retailers in its network.
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