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TAAT GLOBAL ALTERNATIVES - TOBAF STOCK NEWS

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TAAT GLOBAL ALTERNATIVES INC. (OTCQX: TOBAF) has announced a remarkable 200% increase in monthly sales of its TAAT® products across the Speedee Mart chain in Las Vegas. This growth follows the implementation of new marketing strategies and point-of-sale tactics since the initial placement of TAAT® in March 2022. Sales have tripled from July to August 2022, indicating strong consumer acceptance of their nicotine-free and tobacco-free offerings amidst a growing user base. The Company aims to replicate this success in other markets.

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TAAT® Global Alternatives Inc. (OTCQX: TOBAF) reports a significant sales boost in their tobacco-free product, TAAT®, with sales tripling across the Speedee Mart chain from July to August 2022. This increase, approximately 200% month-over-month, follows new point-of-sale and marketing strategies in Las Vegas. CEO Michael Saxon emphasized the importance of 'focus markets' and plans to replicate this success in other locations, including San Diego and Texas. The company operates with over CAD $80 million in annual gross revenue and targets adult smokers.

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TAAT® Global Alternatives Inc. (OTCQX: TOBAF) announces the availability of its flagship product, TAAT®, in all 34 Buc-ee’s locations in Texas starting September 12, 2022. This partnership establishes Buc-ee’s as an 'Anchor Account' for the company's expansion in the state, which has a significant adult smoking population. Buc-ee’s, known for its cleanliness and wide customer base, is expected to enhance product visibility for TAAT® among adult smokers. TAAT® aims to leverage Buc-ee’s high foot traffic to bolster its market presence in Texas.

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TAAT Global Alternatives Inc. (OTCQX: TOBAF) has announced that its flagship product, TAAT, will be available in all 34 Buc-ee’s locations across Texas starting September 12, 2022. This strategic placement aims to leverage Buc-ee’s as an ‘Anchor Account’ to increase brand awareness among Texas’s adult smokers. Buc-ee’s locations attract a diverse customer base, and the partnership is expected to enhance TAAT's market presence in a state with approximately 28,000 tobacco retailers.

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TAAT® Global Alternatives Inc. (OTCQX: TOBAF) announces that its flagship product, TAAT®, will be sold in select locations of Buc-ee’s, a popular convenience store chain, starting September 2022. This partnership enhances TAAT®’s presence in the Southern U.S. market, where Buc-ee’s operates 43 locations known for high traffic and customer engagement. TAAT® aims to provide a nicotine-free and tobacco-free alternative to traditional cigarettes. CEO Michael Saxon expresses confidence in this collaboration, citing potential for increased visibility among other retailers.

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TAAT® Global Alternatives Inc. (OTCQX: TOBAF) announces that its flagship product, TAAT®, will be available at select Buc-ee’s locations by the end of September 2022. Buc-ee’s is a renowned convenience store chain with 43 locations across several Southern states, known for its large retail space and extensive product offerings, including fuel and food.

This partnership is expected to enhance TAAT®'s market presence and build relationships with major retailers, aligning well with Buc-ee's objectives and offering higher profit margins compared to traditional tobacco products.

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TAAT Global Alternatives Inc. has received its third reorder for TAAT® from its UK distributor GGE, marking a significant step forward in its expansion. This order includes the first shipment of TAAT® Green, a menthol-flavored product, and follows the successful performance of its nicotine-free, tobacco-free offering in the UK market. The company is committed to leveraging its distinctive packaging and the regulatory shifts affecting traditional tobacco companies. The U.K. is a strategic market for TAAT®, supported by authorization from the National Health Service.

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TAAT Global Alternatives Inc. has announced its third reorder for TAAT® from its U.K. distributor, GGE, following continued success among adult smokers in the region. This order includes the first shipment of TAAT® Menthol, known as TAAT® Green in the U.K., set for delivery in September 2022. The product is approved for commercialization by the National Health Service. The CEO highlighted the importance of the U.K. market for expanding TAAT's reach in Europe, while GGE anticipates a positive impact from reorders amid competition challenges.

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TAAT® Global Alternatives Inc. (CSE: TAAT, OTCQX: TOBAF) has announced its investor event schedule for the upcoming year, aimed at enhancing communication with shareholders. The management will discuss financial results and business developments after each fiscal quarter. The first event is set for September 22, 2022, following fiscal Q3 2022 results. CEO Michael Saxon emphasized the importance of transparency and communication for shareholders. TAAT® reported over CAD $80 million in net revenue in 2021 and offers innovative tobacco alternatives.

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TAAT® GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) has outlined its financial outlook and strategic priorities following the acquisition of ADCO Distributors. The company anticipates CAD $88 million in sales from June 1, 2022, to May 31, 2023. They plan to evolve into new markets and product categories while maintaining a projected revenue of CAD $92 million for the fiscal year ending October 31, 2022. However, a projected operational loss of CAD $1.9 million is expected, attributed to heavy investments in brand development.

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FAQ

What is the current stock price of TAAT GLOBAL ALTERNATIVES (TOBAF)?

The current stock price of TAAT GLOBAL ALTERNATIVES (TOBAF) is $0.1977 as of April 16, 2024.

What is the market cap of TAAT GLOBAL ALTERNATIVES (TOBAF)?

The market cap of TAAT GLOBAL ALTERNATIVES (TOBAF) is approximately 2.3M.

TAAT GLOBAL ALTERNATIVES

OTC:TOBAF

TOBAF Rankings

TOBAF Stock Data

2.28M
10.65M
10.46%
0.01%
Tobacco
Consumer Defensive
Link
United States of America
Las Vegas