NetworkNewsBreaks – TAAT(TM) Lifestyle & Wellnes
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Posted On: 02/10/2021 3:06:46 PM
NetworkNewsBreaks – TAAT(TM) Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) Announces 233% Manufacturing Increase of Flagship Product
TAAT(TM) (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) today announced that its flagship product TAAT(TM) is now being manufactured at a rate of more than 57,000 ten-pack cartons per month (over 690,000 cartons per year). According to the update, this represents a 233% increase from a production rate of 12 pallets per month to 40 pallets per month as of this week. The increase was prompted by sustained demand for TAAT(TM) in Ohio, as well as anticipated demand from smokers aged 21 and over in other U.S. states who will be able to purchase the product online directly from the company upon launch of its e-commerce portal this quarter. “Now that we are in the ‘execution’ phase on our roadmap to gaining penetration in the US$814 billion global tobacco industry, manufacturing our product has become even more crucial to our success, so that we can satisfy our proven demand with a consistent supply,” said TAAT(TM) Chief Executive Officer Setti Coscarella. “As we continue to place TAAT(TM) with tobacco retailers in Ohio, and as we prepare to launch the TAAT(TM) e-commerce portal this quarter, we have taken proactive steps to ensure a strong supply of TAAT(TM) is always on hand to fill orders, with more in the pipeline. More importantly, this has provided us the opportunity to begin forming standard operating procedures for scaling our manufacturing resources even further, which I believe could prove valuable in the near future.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
TAAT(TM) (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) today announced that its flagship product TAAT(TM) is now being manufactured at a rate of more than 57,000 ten-pack cartons per month (over 690,000 cartons per year). According to the update, this represents a 233% increase from a production rate of 12 pallets per month to 40 pallets per month as of this week. The increase was prompted by sustained demand for TAAT(TM) in Ohio, as well as anticipated demand from smokers aged 21 and over in other U.S. states who will be able to purchase the product online directly from the company upon launch of its e-commerce portal this quarter. “Now that we are in the ‘execution’ phase on our roadmap to gaining penetration in the US$814 billion global tobacco industry, manufacturing our product has become even more crucial to our success, so that we can satisfy our proven demand with a consistent supply,” said TAAT(TM) Chief Executive Officer Setti Coscarella. “As we continue to place TAAT(TM) with tobacco retailers in Ohio, and as we prepare to launch the TAAT(TM) e-commerce portal this quarter, we have taken proactive steps to ensure a strong supply of TAAT(TM) is always on hand to fill orders, with more in the pipeline. More importantly, this has provided us the opportunity to begin forming standard operating procedures for scaling our manufacturing resources even further, which I believe could prove valuable in the near future.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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