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InvestorNewsBreaks – TAAT Global Alternatives Inc. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) Announces Record November Performance
TAAT(TM) Global Alternatives (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) saw its best sales performance ever in November 2021. The company announced that gross revenues totaled $460,000 as TAAT shipped out multiple pallets of TAAT(TM), its tobacco-free, nicotine-free smoking alternative product. In addition, the company expanded its distributor network by five and produced 27.7% more cartons of TAAT than October 2021. In addition, the company has manufactured enough of its base material, Beyond Tobacco(TM), to produce an additional 820,000 packs of its proprietary product. “As we approach the close of the first year in which TAAT began selling at retail, it is an honor to report that last month was our very best yet in just the United States, not even factoring international markets,” said TAAT CEO Setti Coscarella in the press release. “When I joined TAAT last year, one thing I emphasized was the importance of building robust and efficient infrastructure for distribution and manufacturing, as these factors can significantly influence a company’s ability to be profitable when operating at a national or global scale. To achieve this, we have strategically cultivated a network of tobacco distributors across the country through our growing sales team, and we have procured a state-of-the-art industrial facility for manufacturing and warehousing commercial quantities of the Beyond Tobacco base material of TAAT. These factors, among others, have enabled us to achieve record results in the month of November 2021, and we intend to continue capitalizing on these advantages as smokers aged 21+ continue to make a better choice by switching to TAAT.”
To view the full press release, visit https://ibn.fm/bg0kf
About TAAT Global Alternatives Inc.
TAAT Global Alternatives has developed TAAT, which is a tobacco-free and nicotine-free alternative to traditional cigarettes that is 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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