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Tauriga Sciences Inc. Successfully Renews its Status as a U.S. Federal Government Vendor

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Tauriga Sciences, Inc. (OTCQB: TAUG) announced on September 10, 2021, the renewal of its U.S. Federal Government Vendor status, enhancing its potential for government contracts. The Company, which has significantly diversified its product lines, collaborates with Federal Award Management Registration to identify contract opportunities, particularly with the Department of Defense. Additionally, Tauriga will exhibit at the USA CBD EXPO CHICAGO from October 28-30, 2021. The company focuses on CBD and CBG edible products, including its flagship Tauri-Gum™ brand.

Positive
  • Renewed status as a U.S. Federal Government Vendor enhances contract opportunities.
  • Expansion and diversification of product lines may attract new business.
  • Participation in industry tradeshows can increase brand visibility.
Negative
  • None.

The Company’s Diversified Product Lines Provide for Multiple Potential Government Contract Opportunities 

NEW YORK, NY, Sept. 10, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a New York based diversified Life Sciences Company, today announced that it has successfully renewed its status as a U.S. Federal Government Vendor (CAGE Code # 8QXV4).  The Company originally achieved this above-referenced status during early October 2020.  Since then, the Company has vastly expanded, enhanced, and diversified its products and product lines.  The Company believes that there are multiple potential government contract opportunities. 

The Company works directly with Federal Award Management Registration (“FAMR”) to both identify prospective opportunities and formalize the bidding process for potential U.S. Government Contracts (“Contracts”).  These potential Contracts are presented by the Department of Defense (“DOD”).  

FAMR is an independent consulting firm that specializes in: Registrations, Certifications, and Federal Contracting.

In other news, the Company will be a corporate exhibitor at an Additional upcoming industry tradeshow.  The Company will operate an Exhibitor Booth (# 5,070) at the USA CBD EXPO CHICAGO (the “Event”), which takes place on October 28th– 30th, 2021 at McCormick Place (Chicago, Illinois).  This Event is the Nation’s Largest CBD/Hemp Event.

Link to Event:   https://usacbdexpo.com/chicago/exhibitor-list/

Please See Below, the Company’s Updated/Revised Tradeshow Itinerary:

1)   HAMPTON CANNABIS EXPO 2021

  •   August 29th, 2021 (East Hampton, New York)

STATUS:  Completed

2)  The AATAC C-STORE TRADESHOW

  •   September 22nd-23rd, 2021 (Richmond, Virginia)

STATUS: Upcoming

3)  The WHITE LABEL WORLD EXPO

  •   September 30th, 2021 (New York City, New York)

STATUS: Upcoming

4)  MJ BIZ CON 2021

  •   October 20th-22nd, 2021 (Las Vegas, Nevada)

STATUS: Upcoming

5) USA CBD EXPO CHICAGO

          October 28th-30th, 2021 (Chicago, Illinois)

STATUS: Upcoming

6)  KOSHERFEST 2021

  •   November 9th-10th, 2021 (Secaucus, New Jersey)

STATUS: Upcoming

ABOUT TAURIGA SCIENCES INC.

Tauriga Sciences, Inc. (TAUG) is a revenue generating, diversified life sciences company, engaged in several major business activities and initiatives.  The company manufactures and distributes several proprietary retail products and product lines, mainly focused on the Cannabidiol (“CBD”) and Cannabigerol (“CBG”) Edibles market segment.  The main product line, branded as Tauri-Gum™, consists of a proprietary supplement chewing gum that is Kosher certified, Halal certified, and Vegan Formulated (CBD Infused Tauri-Gum™ Flavors: Mint, Blood Orange, Pomegranate), (CBG Infused Tauri-Gum™ Flavors: Peach-Lemon, Black Currant), (DELTA 8 THC Infused Tauri-Gum™ Flavor: Evergreen Mint), (Vitamin C + Zinc Infused Tauri-Gum™ Flavor: Pear Bellini), (Caffeine Infused Tauri-Gum™ Flavor: Cherry Lime Rickey), & (Vitamin D3 Infused Tauri-Gum™ Flavor: Golden Raspberry).  The Company’s commercialization strategy consists of a broad array of retail customers, distributors, and a fast-growing E-Commerce business segment (E-Commerce website: www.taurigum.com). Please visit our corporate website, for additional information, as well as inquiries, at http://www.tauriga.com

Complementary to the Company’s retail business, is its ongoing Pharmaceutical Development initiative.  This relates to the development of a proposed Pharmaceutical grade version of Tauri-Gum™, for nausea regulation (specifically designed for the following indication: Patients Subjected to Ongoing Chemotherapy Treatment). On March 22, 2021, the Company announced that it had Converted its U.S. Provisional Patent Application (filed on March 17, 2020) into a U.S. Non-Provisional Patent Application.  The Patent, filed with the U.S.P.T.O. is Titled “MEDICATED CBD COMPOSITIONS, METHODS OF MANUFACTURING, AND METHODS OF TREATMENT”.  On December 18, 2020 the Company disclosed that it had entered into a Master Services Agreement with CSTI to lead the Company's clinical development efforts.

The Company is headquartered in Wappingers Falls, New York.  In addition, the Company operates two full time E-Commerce fulfillment centers: one located in Montgomery, Texas and the other in Brooklyn, New York.

DISCLAIMER -- Forward-Looking Statements

This press release contains certain “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995 which represent management’s beliefs and assumptions concerning future events. These forward-looking statements are often indicated by using words such as “may,” “will,” “expects,” “anticipates,” believes, “hopes,” “believes,” or plans, and may include statements regarding corporate objectives as well as the attainment of certain corporate goals and milestones. Forward-looking statements are based on present circumstances and on management’s present beliefs with respect to events that have not occurred, that may not occur, or that may occur with different consequences or timing than those now assumed or anticipated. Actual results may differ materially from those expressed in forward looking statements due to known and unknown risks and uncertainties, such as are not guarantees of general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to consummate successful acquisition and licensing transactions, fluctuations in exchange rates, and other factors over which Tauriga has little or no control. Many of these risks and uncertainties are discussed in greater detail in the “Risk Factors” section of Tauriga’s Form 10-K and other periodic filings made from time to time with the Securities and Exchange Commission. Such forward-looking statements are made only as of the date of this release, and Tauriga assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. You should not place undue reliance on these forward-looking statements.

Contact:

Tauriga Sciences, Inc.

4 Nancy Court, Suite 4

Wappingers Falls, NY 12590

Chief Executive Officer

Mr. Seth M. Shaw

Email: sshaw@tauriga.com

cell # (917) 796 9926

Company Instagram: @taurigum

Personal Instagram: @sethsms47

Twitter: @SethMShaw

Corp. Website:   www.tauriga.com

E-Commerce Website:  www.taurigum.com


FAQ

What does the renewal of Tauriga Sciences' Federal Government Vendor status mean for TAUG?

The renewal allows Tauriga Sciences to pursue government contracts, which could be financially beneficial.

What products does Tauriga Sciences focus on?

Tauriga specializes in CBD and CBG edible products, notably the Tauri-Gum™ brand.

When is the USA CBD EXPO CHICAGO where Tauriga will exhibit?

The USA CBD EXPO CHICAGO will take place from October 28-30, 2021.

Which agency does Tauriga work with for government contracting?

Tauriga collaborates with Federal Award Management Registration to explore government contracting opportunities.

What are the potential impacts of Tauriga's government contracts on its stock TAUG?

Potential government contracts could lead to increased revenues, positively impacting TAUG's stock performance.

TAURIGA SCIENCES INC

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