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Taat Lifestyle & Wellness Ltd. C.TAAT

Alternate Symbol(s):  TOBAF

Taat 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 is launching in the United States in Q4 2020 as the Company seeks to position itself in the $814 billion global tobacco industry.


CSE:TAAT - Post by User

Comment by TheBigCheezeon Jan 22, 2021 10:08am
247 Views
Post# 32358534

RE:Lifted from another board. I have not checked the numbers!!

RE:Lifted from another board. I have not checked the numbers!!
"In Ohio, there are a total of 9,273 convenience stores (2019 statistics) (standalone and gas station). TAAT is currently available in 28 of them. Imagine for a moment the logistical challenge of getting TAAT products into 9,273 convenience stores in Ohio consistently. Incidentally, TAAT would only need to sell an average of 31 packs per month per store to achieve 0.4% market penetration."

Frogzilla:  Do you know the date of those numbers? I hope they are not recent.

Doesn't it seem a bit odd that TAAT is available in only 28 of 9,273 convenience stores in Ohio? What kind of launch is this?  After several weeks they managed to get product in 36 stores?  WTF is going on?  That is pathetic.  How long will it take to reach a 5% level (460 stores)?  A 100% level seems like a fantasy dream.


We don't know anything about the market structure in Ohio.  Does TAAT have to sell to every invividual store or do the stores buy through regional distributors?

I don't mean to critize you because I know you are just passing this info on from another source.  Thanks for sharing but that info does raise some questions that Setti should clarify to investors.





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