TAAT™ Secures First Store Placement on the Las Vegas Strip, Across from the Bellagio

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LAS VEGAS and VANCOUVER, British Columbia, Oct. 20, 2021 (GLOBE NEWSWIRE) — TAAT GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (the “Company” or “TAAT”) is happy to announce that its flagship product TAAT™ has been positioned in its first retail level of sale on the Las Vegas Strip; the world-famous stretch of greater than two dozen on line casino resorts which welcome lots of the greater than 42 million guests to the Las Vegas space every year1. Following the preliminary launch of TAAT™ in Ohio in This autumn 2020, the Firm expanded its efforts to commercialize the product in different U.S. markets and introduced in a press launch dated October 15, 2021 that its retailer depend in the USA had cleared 1,200, inclusive of shops positioned within the larger Las Vegas space. In October 2021, the Firm confirmed the primary “on-strip” placement of all three TAAT™ varieties in Viva Vegas Presents, a memento retailer positioned within the Grand Bazaar Retailers throughout the road from the three,950-room Bellagio, whose musical fountains are world-famous and maintain the Guinness World File for many fountains at a hotel2.

A photograph accompanying this announcement is accessible at https://www.globenewswire.com/NewsRoom/AttachmentNg/fc2bd8d7-f172-4281-8a87-49e883c11f7b

Readers utilizing information aggregation companies could also be unable to view the media above. Please entry SEDAR or the Investor Relations part of the Firm’s web site for a model of this press launch containing all revealed media.

Traditionally, the Las Vegas Strip has attracted vacationers primarily within the 21+ age vary as a result of prevalence of leisure choices which might be restricted to these aged 21 or older (e.g., on line casino gaming, sports activities wagering, cocktail lounges, and nightclubs). As such, the Firm is embracing this chance to introduce TAAT™ to people who smoke aged 21+ who’re pedestrians on this high-traffic space of the Las Vegas Strip, with distinguished on line casino resorts to incorporate Bellagio, Caesars Palace, Bally’s, and Cromwell on the intersection’s 4 corners. This retailer placement enhances the present presence of TAAT™ within the Las Vegas space, which will be seen on the TAAT™ retailer locator function of TryTAAT (http://trytaat.com, have to be 21+ to entry). Primarily based on the efficiency of TAAT™ in its first retailer on the Las Vegas Strip, the Firm intends to hunt placements in extra stores close by and presumably implement enhanced store-level activation techniques to drive conversions of people who smoke aged 21+ in every retailer.

A photograph accompanying this announcement is accessible at https://www.globenewswire.com/NewsRoom/AttachmentNg/cdac53e1-d034-4962-bd4e-8b8717546a82

Readers utilizing information aggregation companies could also be unable to view the media above. Please entry SEDAR or the Investor Relations part of the Firm’s web site for a model of this press launch containing all revealed media.

TAAT™ Chief Govt Officer Setti Coscarella commented, “We have organically built the 1,200-store retail footprint of TAAT™ throughout the United States by strategically making it available in the same points of sale at which smokers aged 21+ purchase their preferred brand of tobacco cigarettes. Those who have switched to TAAT™ will invariably want to purchase it wherever their travels may take them, which is why a store placement in a high-traffic tourist area such as the Las Vegas Strip is an important milestone in our U.S. commercialization journey. Furthermore, millions of smokers aged 21+ visit Las Vegas each year, which also makes this placement an opportunity to introduce TAAT™ to those who are not familiar with the product and its unique value proposition as a nicotine-free and tobacco-free alternative to tobacco cigarettes. We believe this store placement could be a pivotal development for us as we continue our efforts to develop TAAT™ into a mainstream brand in the tobacco category.”

Sources

1 – https://www.statista.com/statistics/221042/visitors-to-las-vegas/

2 – https://www.guinnessworldrecords.com/world-records/72001-most-fountains-at-a-hotel

On behalf of the Board of Administrators of the Firm,

TAAT GLOBAL ALTERNATIVES INC.

“Setti Coscarella”

Setti Coscarella, CEO and Director

For additional info, please contact:

TAAT™ Investor Relations1-833-TAAT-USA (1-833-822-8872)[email protected]

THE CANADIAN SECURITIES EXCHANGE (“CSE”) HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE, NOR HAS OR DOES THE CSE’S REGULATION SERVICES PROVIDER.

About TAAT World Alternate options Inc.

The Firm has developed TAAT™, which is a tobacco-free and nicotine-free various to conventional cigarettes provided in “Original”, “Smooth”, and “Menthol” varieties. TAAT™’s base materials is Past Tobacco™, a proprietary mix which undergoes a patent-pending refinement approach inflicting its scent and style to resemble tobacco. Beneath govt management with “Big Tobacco” pedigree, TAAT™ was launched first in the USA in This autumn 2020 because the Firm seeks to place itself within the $814 billion1 international tobacco business.

For extra info, please go to http://taatglobal.com.

References

1 British American Tobacco – The World Market

Ahead-Trying Statements

This information launch comprises “forward-looking information” inside the which means of relevant Canadian securities laws. Usually, however not all the time, forward-looking info and data will be recognized by way of phrases similar to “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such phrases and phrases or state that sure actions, occasions or outcomes “may”, “could”, “would”, “might” or “will” be taken, happen, or be achieved. Ahead-looking info on this information launch consists of statements concerning the anticipated efficiency of TAAT™ within the tobacco business, along with the next: Potential outcomes from the location of TAAT™ in its first retail level of sale on the Las Vegas Strip, and potential new methods for in-store activation. The forward-looking info displays administration’s present expectations based mostly on info presently accessible and are topic to quite a few dangers and uncertainties which will trigger outcomes to vary materially from these mentioned within the forward-looking info. Though the Firm believes that the assumptions and elements utilized in making ready the forward-looking info are cheap, undue reliance shouldn’t be positioned on such info and no assurance will be provided that such occasions will happen within the disclosed timeframes or in any respect. Elements that would trigger precise outcomes or occasions to vary materially from present expectations embody: (i) adversarial market circumstances; (ii) adjustments to the expansion and measurement of the tobacco markets; and (iii) different elements past the management of the Firm. The Firm operates in a quickly evolving setting. New threat elements emerge occasionally, and it’s unattainable for the Firm’s administration to foretell all threat elements, nor can the Firm assess the influence of all elements on Firm’s enterprise or the extent to which any issue, or mixture of things, might trigger precise outcomes to vary from these contained in any forward-looking info. The forward-looking info included on this information launch are made as of the date of this information launch and the Firm expressly disclaims any intention or obligation to replace or revise any forward-looking info whether or not because of new info, future occasions or in any other case, besides as required by relevant regulation.

The statements on this information launch haven’t been evaluated by Well being Canada or the U.S. Meals and Drug Administration. As every particular person is completely different, the advantages, if any, of taking the Firm’s merchandise will fluctuate from individual to individual. No claims or ensures will be made as to the results of the Firm’s merchandise on a person’s well being and well-being. The Firm’s merchandise will not be supposed to diagnose, deal with, remedy, or forestall any illness.

This information launch might comprise trademarked names of third-party entities (or their respective choices with trademarked names) usually in reference to (i) relationships had by the Firm with such third-party entities as referred to on this launch and/or (ii) consumer/vendor/service supplier events whose relationship with the Firm is/are referred to on this launch. All rights to such logos are reserved by their respective homeowners or licensees.

Assertion Concerning Third-Occasion Investor Relations Corporations

Disclosures regarding investor relations companies retained by TAAT™ World Alternate options Inc. will be discovered beneath the Firm’s profile on http://sedar.com.

Image 1

TAAT™ Unique, Easy, and Menthol are actually accessible for buy by people who smoke aged 21+ in Viva Vegas Presents on the Las Vegas Strip, positioned immediately throughout Las Vegas Boulevard from the long-lasting Bellagio on line casino resort

Image 2

At Viva Vegas Presents on the Las Vegas Strip, all three TAAT™ varieties are actually offered in-store. Pictured above is counter signage for TAAT™ amongst signage for main tobacco cigarette manufacturers to incorporate Marlboro, Newport, Camel, and KOOL.

Supply: TAAT World Alternate options Inc.

Supply hyperlink

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