TAAT™ Ships to New Distributors in Los Angeles, San Diego, and San Francisco🚨RICH TV LIVE
Channel: RICH TV LIVE
Date: 2021-11-12

TAAT™ Ships to New Distributors in Los Angeles, San Diego, and San Francisco🚨RICH TV LIVE - November 12, 2021 - TAAT™ GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (the “Company” or “TAAT™”) is pleased to announce that it has shipped multiple pallets of TAAT™ to fill purchase orders from three California-based distributors, who each primarily serve retailers in the areas of Los Angeles (population 3.9 million), San Diego (population 1.4 million), and San Francisco (population 875,000). After successfully launching TAAT™ at retail in Ohio in Q4 2020, the Company began expanding its commercialization efforts across the United States through coordinated retail launches in new markets such as Illinois, Michigan, and Georgia, in addition to a U.S. e-commerce portal launched in February 2021 as announced in the Company’s February 12, 2021 press release. TAAT™ already has several points of sale across California (listed on the TryTAAT store locator), and the Company expects to add to this existing presence through the respective networks of its new distributors who have recently placed pallet orders for all three TAAT™ varieties. #taatglobalalternatives #california #richtvlive #news #business #finance #trading #stocks #money #investing

As California is the second-largest mainland U.S. state by size and has the highest population of all U.S. states with over 39.5 million residents, the Company has determined that it must establish a robust network of distribution partners who have reach and influence in each of California’s several distinctive regions in order to build a significant market share for TAAT™ across the state. The average retail price for a pack of tobacco cigarettes in California is approximately USD $8.90, approximately 23% higher than the national average of USD $7.221. In addition to a statewide ban on flavoured tobacco products such as menthol cigarettes currently in the works2, a total of 71 localities in California have already prohibited the sale of all flavoured tobacco products3 including Los Angeles County; the largest county in the United States with over ten million residents4. 

TAAT™ Chief Executive Officer Setti Coscarella commented, “Launching TAAT™ in California is a significant milestone for us, as it is a unique market both in magnitude and in terms of the environment for tobacco category products such as ours. The sheer size of California’s population cannot be underestimated; more than 10% of the entire U.S. resides in California, and if it became part of the European Union it would be the fifth-largest member state with a population approximately equal to that of the Netherlands, Belgium, and Greece combined. Additionally, individual localities within California have taken some of the most aggressive approaches to regulating tobacco and nicotine products out of anywhere in the United States. For instance, in addition to its cap on tobacco sales licenses, in 2019 the city of San Francisco put an ordinance into effect banning the sale of e-cigarettes across the city; the first ban of its kind in the country5. This creates several opportunities for TAAT™ to gain market share among smokers aged 21+ throughout California, where we anticipate impressive initial results this quarter following the delivery of TAAT™ pallets fulfilling purchase orders made by distributors who service several of the state’s key markets.”

JOIN RICH TV LIVE TRADING CLUB HERE -  http://www.richpicksdaily.com 

Subscribe - https://www.youtube.com/c/RICHTVLIVE

Disclaimer

RICH TV LIVE INC. company profiles and other investor relations materials, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in RICH TV LIVE reports company profiles or other investor relations materials and presentations are subject to change. RICH TV LIVE and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time. RICH TV LIVE INC. sponsored $6000 CAD per month for digital video services. 

Investing is inherently risky. RICH TV LIVE is not responsible for any gains or losses that result from the opinions expressed on this website, in its research reports, company profiles or in other investor relations materials or presentations that it publishes electronically or in print. 

We strongly encourage all investors to conduct their own research before making any investment decision. For more information on stock market investing, visit the Securities and Exchange Commission ("SEC") at www.sec.gov/Canadian CSA https://www.securities-administrators.ca/.