TAAT GLOBAL ALTERNATIVES - TOBAF STOCK NEWS

TAAT Global Alternatives Inc. (OTCQX: TOBAF) reported Q3 2021 gross revenue of $1,305,358, marking a 1,956% increase from the prior year and 88.77% from the previous quarter. Gross profit reached $781,226 with a margin of 59.84%. Despite these gains, the company incurred a net loss of $7.74 million, up from $3.75 million in 2020, primarily due to increased marketing expenses. The firm continues its market expansion into the US and internationally, with recent shipments to the UK and Ireland.

TAAT Global Alternatives Inc. (CSE: TAAT) (OTCQX: TOBAF) has successfully shipped over 43,000 packs of its nicotine-free tobacco alternative to the United Kingdom, valued at over CAD $1,200,000. This shipment follows a prior announcement of approval from Public Health England for TAAT™ sales in Great Britain. The company's CEO, Setti Coscarella, expressed optimism about the product's competitive advantages, including lower pricing and appealing packaging compared to traditional tobacco products. TAAT™ aims to expand further into international markets.

TAAT Global Alternatives Inc. (CSE: TAAT; OTCQX: TOBAF) announces significant growth in market penetration as its nicotine-free product, TAAT™, reaches over 1,000 retail locations across the U.S., including Puerto Rico, just ten months after launch. Cumulative sales have surpassed 600,000 packs, equating to over twelve million sticks sold. The company is also expanding internationally, with shipments to the U.K. and Ireland and a strategic focus on Puerto Rico’s higher excise tax, making TAAT™ an attractive alternative for smokers aged 21 and older.

TAAT™ Global Alternatives Inc. (OTCQX: TOBAF) will showcase its tobacco-free product at the 2021 NACS Show in Chicago from October 6-8, 2021. The event is expected to attract over 23,000 attendees, including prominent retailers and exhibitors like Altria and Coca-Cola. CEO Setti Coscarella highlighted the effectiveness of trade shows in boosting sales, noting 68 new purchase orders after previous exhibitions. TAAT™ aims to expand its market presence in the $814 billion global tobacco industry by providing an alternative for smokers aged 21 and over.

TAAT Global Alternatives Inc. (OTCQX: TOBAF) has begun operations at its new facilities in Las Vegas, expanding production capacity alongside its original site. The company reported new purchase orders exceeding CAD $1.6 million for distribution in the UK, Ireland, and Australia, and expanded its U.S. presence by adding seven states. Positive feedback from tobacco wholesalers regarding the advanced formulation of TAAT's Beyond Tobacco™ product was noted. Production for this new formulation is slated to start in the current quarter, aligning with the company's strategic growth plans.

TAAT Global Alternatives Inc. (OTCQX: TOBAF) has commenced operations at its expanded facilities in Las Vegas, enhancing its production capacity. The company has secured over CAD $1.6 million in new purchase orders for distribution in the UK, Ireland, and Australia. Additionally, TAAT has introduced an advanced formulation of its Beyond Tobacco product, aimed at improving user experience and production efficiency. Positive feedback has been received from tobacco wholesalers in multiple countries, indicating strong market interest and potential for further expansion.

TAAT Global Alternatives Inc. (OTCQX: TOBAF) has announced a significant purchase order from Green Global Earth for a shipping container of TAAT™ worth approximately €360,000 (CAD $536,000). This follows a prior CAD $1,075,000 order for distribution in the U.K. and Ireland. With Australia having the highest cigarette prices globally, TAAT™ will be priced about 30% less than tobacco products there. The CEO noted this marks a pivotal expansion into a third continent, demonstrating growing global interest in TAAT™.

TAAT Global Alternatives Inc. (CSE: TAAT, OTCQX: TOBAF) announced a significant partnership with a Michigan tobacco retailer, placing TAAT™ in all 147 of its stores. This 100% placement rate enhances TAAT™'s market presence in the Great Lakes region, complementing its existing footprint in Ohio and Illinois. Following its recent expansion into seven new U.S. states, this development is part of the company's strategy to capture a share of the $814 billion global tobacco market. TAAT™ aims to establish itself as a healthier alternative to traditional tobacco products.

TAAT Global Alternatives Inc. (OTCQX: TOBAF) has secured a €720,000 purchase order for two containers of TAAT™ from an exclusive distributor in London, set to launch in the UK and Ireland. This follows an earlier order of €100,000 from the same distributor. TAAT™ has received clearance from Public Health England, allowing sales across Great Britain. The UK tobacco market is shifting, with Philip Morris planning to exit traditional cigarette sales by 2030, positioning TAAT™ to offer a competitive, tobacco-free alternative at a lower price point, especially for menthol smokers.