The tobacco industry has been the darling of investors in the 20th century. Tobacco stocks were among the top performers, enjoying an addicting, highly profitable and recession-resistant product, as well as a reputation for delivering generous dividend yields to investors. However, new generation products like electronic cigarettes and vaporizers, which bypass some of the disadvantages of smoking cigarettes, such as unwanted odors, are seen by some as better for your health.
TAAT Global Alternatives Inc. (OTC US: TOBAF) appears to be another threat to tobacco stocks such as Altria Group (NYSE: MO), Philip Morris International (NYSE: PM), and British American Tobacco (NYSE: BTI), Imperial marks (OTC US: IMBBY) and Vector group (NYSE: VGR).
TAAT Global Alternatives Inc. (OTC US: TOBAF) has developed TAAT (TM), which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in the “Original”, “Smooth” and “Menthol” varieties. The base material of TAAT (TM) is Beyond Tobacco (TM), a proprietary blend that undergoes a patent pending refinement technique to make its scent and taste resemble tobacco. Under the guidance of management with the “Big Tobacco” pedigree, TAAT (TM) was first launched in United States in Q4 2020 as the Company seeks to position itself on the $ 814 billion the global tobacco industry.
In November 2021, TOBAF recorded one month national performance with several pallets of TAAT (TM) sold each week. Confirmation of the first commercial order from TAAT (TM) for Austria, valued at over CAD $ 86,000. TAAT (TM) ships pallet orders to new distributors in California, in key markets to include Los Angeles, San Diego, and San Francisco.In december 2021, through a national distributor of convenience stores, TAAT (TM) is placed in 350 additional stores in the state of Virginia. Numerous TAAT (TM) internships in Greater London are confirmed. TAAT (TM) remains on the CSE. Composite indices and CSE25 (TM) after quarterly rebalancing.
Chief Executive Officer of TAAT (MC) Setti Coscarella commented: âWe are delighted with the year we have had in 2021 as we have continued to build relationships with both national and international wholesalers, while establishing a presence at the same high profile trade shows where major tobacco companies are exhibiting, and further optimizing our operations for During calendar year 2021, TAAT (TM) also made several notable achievements in the capital markets, including our fifth consecutive quarter in the CSE Composite Indices and CSE25 (TM) and an upgrade to the OTCQXÂ® Best Market in United States. On behalf of the TAAT (TM) team, I express my utmost gratitude to all who have contributed to our success over the past year as we continue to provide an opportunity for smokers aged 21 and over. in the world to make a nicotine-free choice. “
Currently, TAAT Global Alternatives Inc. (OTC US: TOBAF) is trading at single $ 2.0300 and with the recent advancements made by the company, pp appear to be heavily undervalued. As always, follow the vigilance of traders and perform your own due diligence before trading or investing in stocks. You can find more information about TOBAF at https://finance.yahoo.com/news/repeat-review-taat-provides-summary-133000678.html
Disclaimer: Please make sure you read and fully understand our disclaimer at https://www.wallstreetpr.com/disclaimer.
Society Last name: WallStreetPR
Contact Person: Ash K
Email: [email protected]
Country: United States