Tauriga Sciences, Inc. Approved by Alibaba Group to Operate Global Seller Account
January 06 2020 - 8:05AM
InvestorsHub NewsWire
Tauriga Sciences, Inc. Approved by Alibaba Group to Operate Global
Seller Account
Flagship Product Tauri-Gum™ Successfully
Listed on Alibaba.com
NEW YORK, NY -- January 6, 2020 -- InvestorsHub
NewsWire -- Tauriga Sciences, Inc. (OTCQB: TAUG)
(“Tauriga” or the “Company”), a revenue generating company that
operates through the development, distribution, and licensing of
proprietary products as well as the evaluation of potential
acquisition opportunities and equity investments, today announced
that it has been approved by Chinese multinational conglomerate,
Alibaba Group (“Alibaba”), to operate a Global Seller
Account. In addition, the Company has been designated as
a Gold Supplier (Gold Tier Level Supplier). This Alibaba
approval, opens up the global marketplace to Tauriga, its products,
its product lines, as well as to future business
opportunities. The Company also has the opportunity to
introduce its outstanding products to the retail marketplace of
China. The Company is working diligently towards
establishing a partnership with a top tier China based fulfillment
and distribution network.
The Company has successfully listed its Flagship
Product, Tauri-Gum™, on Alibaba.com (Please see below
Links):
Link Below – Mint Flavor Tauri-Gum™ listed on
Alibaba.com
Link: https://www.alibaba.com/product-detail/Mint-Flavor-Tauri-Gum_62019109166.html?spm=a2700.7724838.0.0.aa324f02Qs9KXs
Link Below – Blood Orange Flavor Tauri-Gum™ listed
on Alibaba.com
Link: https://www.alibaba.com/product-detail/Blood-Orange-Flavor-Tauri-Gum_62452195384.html
Link Below – Pomegranate Flavor Tauri-Gum™ listed
on Alibaba.com
Link: https://www.alibaba.com/product-detail/Pomegranate-Flavor-Tauri-Gum_62450616572.html?spm=a2700.7724838.0.0.aa324f02Qs9KXs
The Company has been designated the following
credential by Alibaba Group:
Tauriga Sciences Inc. Global Seller Account (Gold
Supplier):
Member ID (License #):
US1359170021PMGW
Link: https://www.alibaba.com/trade/search?fsb=y&IndexArea=product_en&CatId=&SearchText=tauri-gum
In other news, the Company is actively working with
Alibaba’s New York City office to both enhance its brand awareness
and business opportunities throughout the Alibaba global
network.
The Company’s Product Liability Insurance Policy
(covering its Tauri-Gum™ brand) is Underwritten by Evanston
Insurance Company and provides Coverage of $5,000,000 USD (Policy #
MKLV7PPD000108).
ABOUT TAURIGA SCIENCES,
INC.
Tauriga Sciences, Inc. (TAUG) is a revenue
generating company that operates through the development,
distribution, and licensing of proprietary products as well as the
evaluation of potential acquisition opportunities. One such
opportunity on which the Company has acted, involves the Company
having entered into the cannabidiol (or “CBD”) infused chewing gum
product business, as more fully described above and in prior press
releases. This CBD infused chewing gum product has been
branded under the following name: Tauri-Gum™. The
Company is currently in production of three distinct flavors of
Tauri-Gum™: MINT, BLOOD ORANGE, and POMEGRANATE. On
December 6, 2019 the Company announced that it completed the
initial production run (thereby expanding its existing product
lines) with the introduction of a 25mg Vegan CBD Isolate Infused
vegan gummy (“gumdrop”), branded under the name:
Tauri-Gummies™. Further, the Company continues to
identify and evaluate additional potential opportunities to
generate revenue, as well as shareholder value, and leverage its
resources and expertise to build a diversified and sustainable
business model. Please visit our corporate website
at www.tauriga.com.
The Company has also announced the development of a
Cannabigerol (“CBG”) Isolate infused version of
Tauri-Gum™. The flavor that has been selected is
Starfruit/Peach and each piece of gum will contain 10mg of CBG
Isolate / Each blister pack will contain 80mg of CBG
Isolate. The Company expects to commence production during its
4thFiscal Quarter of 2020 (January 1, 2020 – March 31,
2020).
In addition, on March 11, 2019, the Company
announced the official launch of its E-Commerce site - as part of
its Tauri-Gum™ commercialization strategy. This site can be
accessed by visiting the following URL
address: www.taurigum.com
The Company has established corporate offices in
both New York City (USA) and Barcelona
(Spain).
DISCLAIMER -- Forward-Looking
Statements
This press release contains certain
“forward-looking statements” as defined by the Private Securities
Litigation Reform Act of 1995 which represent management’s beliefs
and assumptions concerning future events. These forward-looking
statements are often indicated by using words such as “may,”
“will,” “expects,” “anticipates,” believes, “hopes,” “believes,” or
plans, and may include statements regarding corporate objectives as
well as the attainment of certain corporate goals and milestones.
Forward-looking statements are based on present circumstances and
on management’s present beliefs with respect to events that have
not occurred, that may not occur, or that may occur with different
consequences or timing than those now assumed or anticipated.
Actual results may differ materially from those expressed in
forward-looking statements due to known and unknown risks and
uncertainties, such as are not guarantees of general economic and
business conditions, the ability to successfully develop and market
products, consumer and business consumption habits, the ability to
consummate successful acquisition and licensing transactions,
fluctuations in exchange rates, and other factors over which
Tauriga has little or no control. Many of these risks and
uncertainties are discussed in greater detail in the “Risk Factors”
section of Tauriga’s Form 10-K and other filings made from time to
time with the Securities and Exchange Commission. Such
forward-looking statements are made only as of the date of this
release, and Tauriga assumes no obligation to update
forward-looking statements to reflect subsequent events or
circumstances. You should not place undue reliance on these
forward-looking statements.
CONTACT INFORMATION
Tauriga Sciences, Inc.
555 Madison Avenue, 5th Floor
New York, NY 10022
Chief Executive Officer
Mr. Seth M. Shaw
Email: sshaw@tauriga.com
Cell # (917) 796 9926
Corp. Website: www.tauriga.com
E-Commerce Website: www.taurigum.com
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