TAAT Global Alternatives Inc.'s Profile

TAAT™ allows smokers to continue enjoying the sensations of smoking, but without any nicotine. Tobacco is used by 1.3 billion people worldwide, many of whom aspire to leave nicotine behind. The company is well positioned to address the global tobacco market worth USD $814 billion.

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TAAT™ Exhibiting Among Several “Big Tobacco” Firms at Sold-Out National Convenience Industry Expo NACS Show 2021
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September 09
TAAT Global Alternatives Inc.
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TAAT Global Alternatives Inc.'s Bulletin

LAS VEGAS and VANCOUVER, British Columbia, Sept. 09, 2021 (GLOBE NEWSWIRE) -- TAAT ™ GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (the “Company” or “TAAT ™ ”) is pleased to announce that it will be an exhibitor at the 2021 NACS Show held in Chicago, Illinois from Wednesday, October 6, 2021 through Friday, October 8, 2021, where approximately 1,200 vendors in the convenience category welcome an average of 23,000 attendees from more than 70 countries1. The NACS Show is operated by the Association for Convenience & Fuel Retailing (formerly known as the National Association of Convenience Stores, abbreviated as “NACS”), a trade association established in 1961 currently focused on industry-related issues such as labour and healthcare benefits, menu labelling compliance, payment card “swipe fees”, and tobacco retailing regulations 2 . Other exhibitors at next month’s event include household names in food and beverage ( e.g. , General Mills, Campbell’s, the Coca-Cola Company), incumbent retail technology providers ( e.g. , NCR Corporation, Verifone), and foodservice ( e.g. , ICEE, BUNN). In addition to major U.S. tobacco distributor Eby-Brown, many “Big Tobacco” firms are also exhibitors at the 2021 NACS Show in Chicago to include Altria, Japan Tobacco International (“JTI”), ITG Brands, and R.J. Reynolds. TAAT™ has realized considerable success from its trade show exhibits to date, having closed 68 new initial purchase orders following its first trade shows in July as announced in an August 6, 2021 press release. The first NACS Show event was held in 1993 in San Francisco with 11,900 attendees in a space of 171,000 square feet, and has since grown considerably with consistent attendance in excess of 23,000 in spaces of well over 400,000 square feet in recent years 3 . Each year, the NACS Show rotates between Chicago, Las Vegas, and Atlanta. In addition to its floor of exhibitions, the NACS Show also consists of workshops, education sessions, and panel discussions. The Company will be exhibiting TAAT™ in an “island” booth configuration of approximately 400 square feet (37.16 square metres), located across from the AriZona Beverage Company space. Smokers aged 21+ in attendance at the 2021 NACS Show will have the opportunity to try TAAT™ at the event in designated outdoor smoking areas for sampling products 1 . More information about the NACS Show can be found by clicking here: https://www.nacsshow.com/ A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/99b2e47f-0bc2-4592-85ba-b51e66db972f Readers using news aggregation services may be unable to view the media above. Please access SEDAR or the Investor Relations section of the Company’s website for a version of this press release containing all published media. TAAT™ Chief Executive Officer Setti Coscarella commented, “Trade shows have proven highly effective for us ever since they became part of our commercialization strategy this summer. Although we have had no difficulty navigating the sales and distribution channels through direct outbound contacts, trade shows provide unparalleled opportunity to immerse buyers, merchandisers, and distributors in the TAAT™ brand. Our trade show displays are creatively designed to convey that TAAT™ is a combustible product used by smokers aged 21+ in a nearly identical fashion to a traditional tobacco cigarette, except with no nicotine or tobacco. This engaging experience has proven instrumental to maintaining a high conversion rate. Now that we have managed to perfect our trade show playbook, we’re taking things further by exhibiting at the most prestigious conference in the convenience industry on the same floor as the ‘Big Tobacco’ firms. We are looking forward to this three-day event, where we expect to make many important connections in our journey to keep gaining market share in the USD $814 billion global tobacco industry.” Sources 1 - https://www.nacsshow.com/Attendee-FAQ 2 - https://www.convenience.org/Advocacy/Issues 3 - https://www.nacsshow.com/About/History On behalf of the Board of Directors of the Company, TAAT ™ GLOBAL ALTERNATIVES INC. “Setti Coscarella” Setti Coscarella, CEO and Director For further information, please contact: TAAT™ Investor Relations1-833-TAAT-USA (1-833-822-8872)investor@taatglobal.com 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 ™ Global Alternatives Inc. The Company has developed TAAT™, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in "Original", "Smooth", and "Menthol" varieties. TAAT™'s base material is Beyond Tobacco™, a proprietary blend which undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with "Big Tobacco" pedigree, TAAT™ was launched first in the United States in Q4 2020 as the Company seeks to position itself in the $814 billion 1 global tobacco industry. For more information, please visit http://taatglobal.com . References 1 British American Tobacco - The Global Market Forward-Looking Statements This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking information and information can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur, or be achieved. Forward-looking information in this news release includes statements regarding the anticipated performance of TAAT™ in the tobacco industry, in addition to the following: Potential outcomes relating to the Company’s exhibit at the 2021 NACS Show in Chicago. The forward-looking information reflects management’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking information. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed timeframes or at all. Factors that could cause actual results or events to differ materially from current expectations include: (i) adverse market conditions; (ii) changes to the growth and size of the tobacco markets; and (iii) other factors beyond the control of the Company. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking information. The forward-looking information included in this news release are made as of the date of this news release and the Company expressly disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law. The statements in this news release have not been evaluated by Health Canada or the U.S. Food and Drug Administration. As each individual is different, the benefits, if any, of taking the Company’s products will vary from person to person. No claims or guarantees can be made as to the effects of the Company’s products on an individual’s health and well-being. The Company’s products are not intended to diagnose, treat, cure, or prevent any disease. This news release may contain trademarked names of third-party entities (or their respective offerings with trademarked names) typically in reference to (i) relationships had by the Company with such third-party entities as referred to in this release and/or (ii) client/vendor/service provider parties whose relationship with the Company is/are referred to in this release. All rights to such trademarks are reserved by their respective owners or licensees. Statement Regarding Third-Party Investor Relations Firms Disclosures relating to investor relations firms retained by TAAT™ Global Alternatives Inc. can be found under the Company's profile on http://sedar.com .    
New TAAT™ Facilities Now Operational, Tobacco Wholesalers in Germany, Poland, France, and Switzerland Acclaim Reconstituted Beyond Tobacco™ Formulation LAS VEGAS and VANCOUVER, British Columbia, Sept. 03, 2021 (GLOBE NEWSWIRE) -- TAAT ™ GLOBAL ALTERNATIVES INC. (CSE: TAAT), (OTCQX: TOBAF), (FRANKFURT: 2TP), (the “Company” or “TAAT ™ ”) is pleased to announce that it has started to operate out of its new facilities in the Las Vegas, Nevada area, providing significant additional operational space and production resources in combination with its original facility on West Post Road. In a press release dated July 16, 2021 , the Company announced that its preparation tasks for the new facilities were still on schedule for a launch in the following month, in line with the Company’s business objectives for domestic and international activities already underway. Since then, TAAT™ has announced new purchase orders for distribution in the United Kingdom, Ireland, and Australia amounting to more than CAD $1,600,000 in total value (in press releases dated August 20, 2021 and August 27, 2021 ), in addition to distribution of TAAT™ in seven new U.S. states in just a two-month period (in an August 17, 2021 press release). Still in just its third full calendar quarter of retail availability, global demand for TAAT™ has grown steadily over the course of 2021 as the Company has diligently coordinated strategic launches in a wide range of markets. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d020d1ba-84ea-45c3-a3e4-e1adf939fddd Readers using news aggregation services may be unable to view the media above. Please access SEDAR or the Investor Relations section of the Company’s website for a version of this press release containing all published media. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7e910156-c14e-45dc-adb9-32da3b9ea2ee Readers using news aggregation services may be unable to view the media above. Please access SEDAR or the Investor Relations section of the Company’s website for a version of this press release containing all published media. Additionally, samples of TAAT™ with an advanced formulation of Beyond Tobacco™ using reconstituted material were recently sent to tobacco wholesalers in the United States, the United Kingdom, Ireland, Germany, Poland, France, and Switzerland. The general consensus among the tobacco wholesalers who received these samples was overwhelmingly positive with regard to the similarity of the product’s user experience compared to that of a tobacco cigarette. Based on anecdotal feedback from smokers aged 21+ and TAAT™ retailers, as well as survey responses from consumer research conducted earlier this year (detailed in the Company’s April 14, 2021 press release), the Company identified several opportunities to enhance the user experience of TAAT™ by using reconstituted material in Beyond Tobacco™. The advanced formulation was developed with the objective of making improvements to include the following: Flavour combinations to generate a taste and smell resembling actual tobacco to a greater degree; Higher production velocity, thus increasing the overall efficiency of the Company’s manufacturing processes in its new facilities; Significantly lower weight of each TAAT™ stick, approximately matching the weight of a typical tobacco cigarette; Adjusted burning rate to ensure smokers aged 21+ who use TAAT™ will finish each stick with approximately the same “puff count” as a standard tobacco cigarette of the same length; and Cutting the base material differently to ensure each TAAT™ stick consistently burns to completion without prematurely extinguishing. The reconstituted formulation of Beyond Tobacco™ is now ready for production, which is set to begin this quarter. TAAT™ Chief Executive Officer Setti Coscarella commented, “With so many new international opportunities on the horizon, our facility expansion is a very important part of our growth strategy as we go into our second year of operations in which we expect TAAT™ to be launched in several new markets. With an abundance of feedback about TAAT™ from smokers aged 21+ who have sampled the product since it first launched in Ohio in Q4 2020, our advanced formulation of the Beyond Tobacco™ base material has made the user experience even closer to that of smoking a tobacco cigarette. Samples of TAAT™ with this advanced formulation have been sent to tobacco wholesalers across Europe, and based on their sentiments we are very confident that there will be even more TAAT™ placements in European markets in the near future.” On behalf of the Board of Directors of the Company, TAAT ™ GLOBAL ALTERNATIVES INC. “Setti Coscarella” Setti Coscarella, CEO and Director For further information, please contact: TAAT™ Investor Relations1-833-TAAT-USA (1-833-822-8872)investor@taatglobal.com 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 ™ Global Alternatives Inc. The Company has developed TAAT™, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in "Original", "Smooth", and "Menthol" varieties. TAAT™'s base material is Beyond Tobacco™, a proprietary blend which undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with "Big Tobacco" pedigree, TAAT™ was launched first in the United States in Q4 2020 as the Company seeks to position itself in the $814 billion 1 global tobacco industry. For more information, please visit http://taatglobal.com . References 1 British American Tobacco - The Global Market Forward-Looking Statements This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking information and information can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur, or be achieved. Forward-looking information in this news release includes statements regarding the anticipated performance of TAAT™ in the tobacco industry, in addition to the following: Potential outcomes from the operations of the new TAAT™ facilities in Las Vegas, potential performance and reception of the advanced Beyond Tobacco™ formulation, potential outcomes relating to initial feedback from tobacco wholesalers in Europe who recently received TAAT™ samples with the advanced Beyond Tobacco™ formulation. The forward-looking information reflects management’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking information. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed timeframes or at all. Factors that could cause actual results or events to differ materially from current expectations include: (i) adverse market conditions; (ii) changes to the growth and size of the tobacco markets; and (iii) other factors beyond the control of the Company. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking information. The forward-looking information included in this news release are made as of the date of this news release and the Company expressly disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law. The statements in this news release have not been evaluated by Health Canada or the U.S. Food and Drug Administration. As each individual is different, the benefits, if any, of taking the Company’s products will vary from person to person. No claims or guarantees can be made as to the effects of the Company’s products on an individual’s health and well-being. The Company’s products are not intended to diagnose, treat, cure, or prevent any disease. This news release may contain trademarked names of third-party entities (or their respective offerings with trademarked names) typically in reference to (i) relationships had by the Company with such third-party entities as referred to in this release and/or (ii) client/vendor/service provider parties whose relationship with the Company is/are referred to in this release. All rights to such trademarks are reserved by their respective owners or licensees. Statement Regarding Third-Party Investor Relations Firms Disclosures relating to investor relations firms retained by TAAT™ Global Alternatives Inc. can be found under the Company's profile on http://sedar.com .
To understand the value proposition of TAAT, you first have to understand some recent massive trends in the Consumer Packaged Goods (CPG) space: Non-alcoholic beer has grown to $18bn USD market the plant-based meat market is projected to hit $74bn USD By 2027 What they have in common is providing consumers of the original products with the exact same experience (taste, smell, etc.) without the negative parts of the original products. TAAT has developed a nicotine-free and tobacco-free smoking experience known as TAAT™, which already launched in the USA. TAAT™ Beyond Tobacco™ cigarettes mimic those experiences without nicotine or tobacco. Engineered to closely emulate the sensory components to provide the closest experience of smoking a tobacco cigarette – a product that tastes and smells just like tobacco – but without the nicotine. Last week the company passed two major milestones: On August 25, TAAT announced that a Michigan tobacco chain would be placing TAAT in all 147 of its store locations Two days later, TAAT announced that it had secured distribution on its third continent, with a purchase order for €360,000 (approximately $536,000 CAD) for a full shipping container of TAAT™ to be distributed in Australia We sat down with CEO Setti Coscarella to break down the company’s rapid expansion, and examine what comes next...
LOS ANGELES, Sept. 02, 2021 (GLOBE NEWSWIRE) -- via InvestorWire — InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities, today announces that Setti Coscarella , CEO of TAAT™ Global Alternatives Inc. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) , a life sciences company dedicated to giving legal-aged smokers the choice to keep the smoking experience that they enjoy with no nicotine and no tobacco, recently appeared on Gamechangers LIVE, a podcast series putting a spotlight on individuals who are gamechangers in their fields and sharing perspective on their journeys, mindsets, struggles and successes in an effort to inspire and inform listeners. The broadcast, hosted by Executive Coach and Speaker Sergio Tigera, is available for on-demand viewing on Gamechangers LIVE . During the interview, Coscarella discussed his background and detailed his tenacious approach to professional success. “I went and did my MBA… focused on marketing and finance… I found myself working in investment banking. It was this job that I kind of put into my head… I got a lot of people sort of discouraging me for even trying because of how difficult it was to land a job like that,” Coscarella said. “That just egged me on even more. I just put these horse blinders on, and that’s the only thing I wanted to do. I wouldn’t even apply for other jobs. As luck would have it, I ended up being one of the first guys in the school that actually landed a job in investment banking… If you’re worried about taking a swing… Babe Ruth had the record for most strikeouts in Major League Baseball, until it was broken by Mickey Mantle… If you miss, it’s okay. If you stop swinging, you’re never going to hit a homerun.” After providing an overview of his diverse career, including his creation of a men’s-focused trade show, Coscarella turned his attention to his entry into the tobacco industry. “I exited that business and said, ‘okay, what do I want to do now? I guess, tobacco sounds fun.’ So, I found myself working at Philip Morris,” he continued. “One of the categories that they were looking to develop was called ‘reduced risk products.’ So, basically, an ability to still deliver nicotine but in a way that isn’t as harmful as smoking cigarettes. I thought that that was an interesting pivot, because they were trying to put the wellbeing of their clientele more at the forefront. They were really looking at transforming the business as a whole while not completely forsaking their consumer base. It’s an interesting and challenging thing to do.” “One thing that I noticed when I was there is that the vast majority of smokers have tried other products, but the one thing most smokers absolutely hate is the fact that they’re still addicted to this ritual,” Coscarella added. “Alcohol does just fine without all of its consumers being alcoholics… Why can’t we do the same thing with smoking? Why can’t we give people something to smoke that isn’t addictive… that way, we can give the freedom to choose back to them, no different from any other CPG product… Our product, TAAT™, doesn’t have tobacco and it doesn’t have nicotine, but… it tastes like a cigarette, which is important.” Throughout the interview, Coscarella provided additional insight into TAAT’s approach to solving the hurdles facing the tobacco industry while giving consumers the freedom to choose. Learn more by viewing the full interview on Gamechangers LIVE . About TAAT™ Global Alternatives Inc. The company has developed TAAT™, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in ‘Original’, ‘Smooth’, and ‘Menthol’ varieties. TAAT's base material is Beyond Tobacco™, a proprietary blend which undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with ‘Big Tobacco’ pedigree, TAAT was launched first in the United States in Q4 2020 and seeks to position itself in the $814 billion global tobacco industry. For more information, visit the company’s website at www.TAATGlobal.com About InvestorBrandNetwork The InvestorBrandNetwork (“IBN”) consists of financial brands introduced to the investment public over the course of 15+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients. Through NetworkNewsWire (“NNW”) and its affiliate brands, IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) a total news coverage solution. For more information on IBN, visit https://www.InvestorBrandNetwork.com Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published https://IBN.fm/Disclaimer Forward-Looking Statements This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements. Corporate Communications InvestorBrandNetwork (IBN)Los Angeles, Californiawww.InvestorBrandNetwork.com310.299.1717 OfficeEditor@InvestorBrandNetwork.com