- TAAT Global Alternatives’ (TAAT) products are now sold in over 100 franchised stores belonging to a major global convenience chain in Southern California
- Approximately 35 per cent of the franchised stores carrying TAAT have already placed reorders
- TAAT Menthol will soon be positioned to capture additional market share in Los Angeles due to the upcoming ban of flavored tobacco sales, from which TAAT is exempt
- TAAT Global Alternatives (TAAT) markets a tobacco-free and nicotine-free alternative to traditional cigarettes
- TAAT Global Alternatives Inc. (TAAT) opened trading at C$0.95
TAAT Global Alternatives’ (TAAT) products are now sold in over 100 franchised stores belonging to a major global convenience chain.
This represents an increase of more than 80 stores in just eight weeks following an initial placement in 23 stores in Southern California.
TAAT has developed a relationship with an independent association of franchise owners in Southern California (the FOA), part of the convenience chain’s network of over 9,300 stores in the United States and more than 70,000 stores worldwide. Approximately 35 per cent of the franchised stores carrying TAAT have already placed reorders.
TAAT Founder Joe Deighan commented on the news.
“The Southern California FOA is a very strong community of franchise owners in this global convenience chain, in which word gets around very quickly about great new products that can be carried. Virtually all convenience stores sell tobacco cigarettes in the standard brand varieties, but outside of non-combustible offerings such as vaping there are very few alternatives to legacy products in this category. TAAT initially performed well in the first 23 stores, and in eight weeks that has led to a 35 per cent reorder rate as well as store count growth of about 400 per cent just within the Southern California FOA alone.
We are excited to be growing our footprint in this region, especially as TAAT Menthol
can soon become positioned to capture market share in Los Angeles based on the upcoming ban of flavored tobacco sales, from which our products will be exempt as they do not contain tobacco.”
TAAT Global Alternatives (TAAT) markets a tobacco-free and nicotine-free alternative to traditional cigarettes available in “Original”, “Smooth”, and “Menthol” varieties.
TAAT Global Alternatives Inc. (TAAT) opened trading at C$0.95.
