TAAT(TM) Global Alternatives Inc. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2), has entered into two lease agreements for facilities in the Las Vegas area, near McCarran International Airport. Together, the two structures total 28,483 square feet; TAAT intends to use the space for research and development, manufacturing, warehousing, distribution management and office space for executives, operational staff and conferences. TAAT has seen impressive growth since the initial launch of its flagship product late last year, and the company is focused on preparing for anticipated growth. The two buildings are located in the Hughes Airport Center, a business park located in close proximity to the Las Vegas strip, the eighth-busiest airport in the United States, and I-15 and I-215. The company plants to maintain its current facility but will move its executive offices to the business park, adapting its current facility to a combination of warehouse space and offices. “TAAT has come a long way from when we first opened our 4730 West Post Road facility, which housed virtually all of our operations,” said TAAT founder Joe Deighan. “Between finalizing the product, launching it in the United States in Q4 2020, and receiving our first international purchase order earlier this week, we foresee that this facility will soon reach its capacity. As such, we are of the opinion that the company needs more space in which to operate so that we can make bigger strides in our endeavors to further build our market share in the USD $814 billion global tobacco industry. After working with a Las Vegas commercial real estate agent for several weeks, we are thrilled to have scored two spaces in a premium business park such as the Hughes Airport Center, and I am excited to share our upcoming developments as we begin to operate in these facilities to make 2021 a pivotal year for TAAT, in which we will be equipped to meet potentially greater demand.”
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About TAAT Global Alternatives Inc.
TAAT Global Alternatives 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(TM), a proprietary blend that 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 global tobacco industry. For more information, please visit www.TAATGlobal.com.
NOTE TO INVESTORS: The latest news and updates relating to TOBAF are available in the company’s newsroom at https://ibn.fm/TOBAF
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