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

 

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