Tauriga Sciences, Inc. Approved by Dutch Retail Conglomerate Ahold Delhaize to Become a Direct Supplier
March 04 2020 - 8:03AM
InvestorsHub NewsWire
Tauriga Sciences, Inc. Approved by
Dutch Retail Conglomerate Ahold Delhaize to Become a Direct
Supplier
This Establishes Direct Distribution
Channels to the Following Major U.S. Supermarket Chains: Stop
& Shop, Hannaford, Giant, Food Lion, and
Peapod
NEW YORK, NY -- March 4, 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 the Dutch retail conglomerate Ahold
Delhaize (“Ahold”) to become a Direct Supplier. As a result,
the Company has established direct distribution channels to Ahold’s
main U.S. based supermarket brands: Stop & Shop, Hannaford,
Giant, Food Lion, and Peapod. Tauriga’s corporate profile, as well
as products & product lines, are now accessible by Ahold
buyers.
The Company is continually focused on building direct
distribution channels to the retail marketplace. Especially
with respect to the larger retailers with regional or national
footprints, as such efforts preserve strong gross margins as the
core business continues to expand. The compilation of these
substantial direct distribution channels also enhances the
Company’s position in consummating potential joint venture
partnerships and synergistic mergers &
acquisitions.
The Company is currently in several substantive discussions with
potential joint venture partners, with an aim towards creating new
business opportunities and diversifying existing revenue streams.
One such opportunity of particular interest relates to an
innovative producer of plant-based meat product(s). The
Company will notify its shareholders, via press release(s), should
an agreement be completed.
The Company has been designated the following credential(s) by
Ahold Delhaize:
Primary NAICS: 311340 (NONCHOCOLATE CONFECTIONERY
MANUFACTURING)
Supplier #: 052545183
Customer(s): Ahold USA
Below -- Link to Ahold’s Brands in the United States:
https://www.aholddelhaize.com/en/brands/united-states/our-brands-in-the-united-states/
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 4th Fiscal 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
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