TAAT Global Alternatives Inc. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) Signs Agreement, Receives Order for International Distribution
May 10, 2021
- TAAT enters agreement for GGE to be exclusive distributor for flagship product in the United Kingdom and Ireland
- “It is an exciting development for us to have received our first purchase order for overseas shipment,” says CEO
- TAAT could realize competitive advantage based on relatively high retail cost of tobacco cigarettes in the UK and Ireland
TAAT(TM) Global Alternatives (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) has entered into a letter of intent with Green Global Earth Ltd. (“GGE”). The agreement calls for GGE to be the exclusive distributor for TAAT(TM)’s flagship product in the United Kingdom and Ireland. In addition, Green Global Earth placed a €100,000 purchase order for an initial supply of TAAT’s Original, Smooth and Menthol tobacco-free, nicotine-free alternative (https://ibn.fm/zazFp).
“Expansion launches in the CPG category need to be conducted passively, so as to ensure the product is optimally positioned in its new markets,” said TAAT CEO Setti Coscarella. “Although we believe TAAT is generally relevant to those out of the more than one billion tobacco users worldwide who…
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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