Tauriga Sciences, Inc. (OTCQB: TAUG) operates as a business development company that focuses on the distribution and licensing of proprietary products. Shares of the business development company are surging 77.78%, through late trading on Tuesday, March 12, 2019. Over the past month, Tauriga Sciences, Inc. has seen average daily volume of 277,141 shares. However, volume of 1.86 million shares or dollar volume of $297,600, has exchanged hands through late trading on Tuesday.
Shares of Tauriga Sciences are soaring on Tuesday, after the company announced that it has officially launched the e-commerce website for its CBD-infused chewing gum, Tauri-Gum. Consumers will have the ability to visit www.taurigum.com and purchase a Tauri-Gum individual blister pack for $17.99 or a retail display box for $179.99. Here is the full press release detailing of the e-commerce site and the CBD chewing gum product:
Tauriga Sciences, Inc. Press Release:
NEW YORK, NY, March 11, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE Tauriga Sciences, Inc. (OTCQB:TAUG) (Tauriga or the Company), engaged in building its business through the development, distribution, and licensing of proprietary products as well as the evaluation of potential acquisition opportunities and equity investments, is pleased to announce that it has officially launched its E-Commerce site (the Website) for the sale of its CBD Infused chewing gum (CBD Gum or Tauri-Gum). The E-Commerce site can be accessed by typing in the following URL Website Address (www.taurigum.com). The Company is currently selling both its Tauri-Gum individual blister pack ($17.99 per unit) and retail display box ($179.99 per unit); shipping is free for any customer that orders 2 or more individual blister packs. The Company is currently finalizing the Websites back-end configuration (payment processing capability) and expects to start processing customer orders over the next few days. The Company has also established a reliable and efficient fulfillment infrastructure and anticipates that its initial Tauri-Gum inventory (8,700 individual blister packs) will be received – at Taurigas fulfillment facility – within the next week or so.
Over the past few days, the Company has continued to meet with top tier prospective distribution companies and believes that Tauri-Gum may represent a high quality/low risk entry into the CBD market (for such distribution firms). The Company can also confirm that it expects to commence generating revenue during this current month (March 2019).
Direct Link to Tauri-Gum Shop & Checkout:https://taurigum.com/new-products
ABOUT: TAURIGA SCIENCES, INC.
Tauriga Sciences, Inc. (TAUG) is engaged in building business 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-GumTM. See also our periodic reports filed by us with the SEC for a more complete description of our business and material agreements that we have entered into. 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.
In addition, the Company is currently constructing an E-Commerce site for the sale of its CBD Infused Chewing Gum. This site is being constructed under the following URL address: www.taurigum.com
This press release contains certain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 which represent managements 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 managements 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 Taurigas 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.
Source: SpotLight Growth Canabis
Tauriga Sciences, Inc. (OTCQB: TAUG) Soars 78% After Officially Launching E-Commerce Site for its CBD-Infused Chewing Gum, Tauri-Gum
SpotLight Growth Canabis