TAAT(TM) Global Alternatives (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) has received an order for two containers of its flagship product, TAAT(TM) tobacco-free, nicotine-free cigarette alternative. The order came from an England-based wholesaler and is valued at approximately C$1,075,000; this is the second order from the wholesaler, which will be the exclusive distributor for TAAT in the United Kingdom and Ireland. The wholesaler had placed an initial order of approximately C$149,000. According to the announcement, the distributor has received a Confirmation of Registration to the Tobacco and Related Products and Regulatory Competent Authority from Public Health England, which provides permission for TAAT to be sold in all of Great Britain, which includes England, Scotland and Wales. The launch of TAAT in the United Kingdom aligns with market changes that are predicted as a result of Philip Morris International no longer selling tobacco cigarette products in the UK; the tobacco giant is expected to withdraw from the market by the end of the decade. “Less than four months after our distributor for the U.K. and Ireland placed their initial purchase order valued at C$149,000, we are very pleased to have already received a second order for several times that amount, in addition to clearance from Public Health England for TAAT to be sold in all of Great Britain,” said TAAT CEO Setti Coscarella in the press release. “We fully support Philip Morris International’s plan to stop selling tobacco cigarettes in the UK, not just because it creates opportunities for us as we enter that market but also because it validates what we’ve been saying all along. . . that smokers of legal age deserve access to a better choice than tobacco cigarettes. After adding distribution for TAAT in seven new U.S. states in two months we are thrilled to be executing our first international launches as the next chapter in our journey to make TAAT™ a global brand in the USD $814 billion tobacco industry.”
To view the full press release, visit https://ibn.fm/CwvgZ
About TAAT Global Alternatives Inc.
TAAT Global Alternatives has developed TAAT, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in Original, Smooth and Menthol varieties. TAAT’s base material is Beyond Tobacco(TM), a proprietary blend that undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with Big Tobacco pedigree, TAAT was launched first in the United States in Q4 2020 as the company seeks to position itself in the $814 billion global tobacco industry. For more information, please visit www.TAATGlobal.com.
NOTE TO INVESTORS: The latest news and updates relating to TOBAF are available in the company’s newsroom at https://ibn.fm/TOBAF
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