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www.globenewswire.com/news-release/2021/...emand-in-Ohio.html
LAS VEGAS and VANCOUVER, British Columbia, Feb. 10, 2021 (GLOBE NEWSWIRE) -- TAAT LIFESTYLE & WELLNESS LTD. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) (the “Company” or “TAAT”) is pleased to announce that its flagship product TAAT is now being manufactured at a rate of more than 57,000 ten-pack cartons per month (over 690,000 cartons per year), which reflects a 233% increase from a production rate of 12 pallets per month to 40 pallets per month as of this week. This increase was prompted by sustained demand for TAAT in Ohio as well as anticipated demand from smokers aged 21+ in other U.S. states who will be able to purchase TAAT online directly from the Company when its e-commerce portal launches this quarter.
Recent improvements to the Company’s processing facility in Las Vegas, Nevada have enabled TAAT to produce a greater volume of Beyond Tobacco, the product’s base material which is refined in-house using a 14-step process including a patent-pending refinement technique. Additionally, the Company has coordinated with its contract manufacturer, who also produces cigarettes for regional and global tobacco brands, to allocate additional production bandwidth to making TAAT in order to maintain the current output with the ability to scale further upward as needed. After dispatching this week’s second shipment of Beyond Tobacco on Friday February 12, 2021, the Company will have shipped a total of nine pallets of base material for the week of February 8, 2021.