NEW YORK, NY, Nov. 03, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Firm”), a income producing, diversified life sciences firm, with a proprietary line of purposeful “complement” chewing gums (Flavors: Pomegranate, Blood Orange, Peach-Lemon, Pear Bellini, Mint, Black Currant) in addition to two ongoing Biotechnology initiatives, at this time introduced that in October 2020, the Firm reported continued progress in its highest margin E-Commerce enterprise section. Moreover, there was a pointy enhance (greater than 25%) within the common order dimension – with respect to every particular person On-Line E-Commerce transaction. The Firm’s E-Commerce enterprise is its highest margin section and there are a variety of potential future catalysts that the Firm believes can gasoline future progress.
The Firm’s reported 25.8% enhance in common order dimension, in contrast the next Durations:
The Month of October 2020 vs. Most Latest Quarter (July 1, 2020 – September 30, 2020)
The Firm is continuous to construct the nationwide presence of its flagship Tauri-Gum™ model and is consistently assembly with main potential clients. Lastly, the Firm is in late stage negotiations for a Joint Enterprise Partnership that has the potential to meaningfully improve its enterprise. The Firm will replace its shareholders, ought to a transaction be consummated.
ABOUT TAURIGA SCIENCES INC.
Tauriga Sciences, Inc. (TAUG) is a income producing, diversified life sciences firm, engaged in a number of main enterprise actions and initiatives. The corporate manufactures and distributes a number of proprietary retail merchandise and product strains, primarily targeted on the Cannabidiol (“CBD”) and Cannabigerol (“CBG”) Edibles market section. The primary product line, branded as Tauri-Gum™, consists of a proprietary complement chewing gum that’s Kosher licensed, Halal licensed, and Vegan Formulated (CBD Infused Tauri-Gum™ Flavors: Mint, Blood Orange, Pomegranate), (CBG Infused Tauri-Gum™ Flavors: Peach-Lemon, Black Currant) & (Vitamin C + Zinc “Immune Booster” Tauri-Gum™ Taste: Pear Bellini). The Firm’s commercialization technique consists of a broad array of retail clients, distributors, and a fast-growing E-Commerce enterprise section (E-Commerce web site: www.taurigum.com). Please go to our company web site, for extra info, in addition to inquiries, at http://www.tauriga.com
Complementary to the Firm’s retail enterprise, are its two ongoing biotechnology initiatives. The primary one pertains to the event of a Pharmaceutical grade model of Tauri-Gum™, for nausea regulation (particularly designed to assist sufferers which can be subjected to ongoing chemotherapy therapy). On March 18, 2020, the Firm introduced that it filed a provisional U.S. patent utility overlaying its pharmaceutical grade model of Tauri-Gum™. The Patent, filed with the united statesP.T.O. is Titled “MEDICATED CBD COMPOSITIONS, METHODS OF MANUFACTURING, AND METHODS OF TREATMENT”. The second pertains to a collaboration settlement with Aegea Biotechnologies Inc. for the co-development of a fast, multiplexed, Novel Coronavirus (COVID-19) take a look at with superior sensitivity and selectivity.
On October 6, 2020, the Firm introduced that it has been accredited to function as a U.S. Authorities Vendor (CAGE CODE # 8QXV4)
On October 7, 2020 the Firm disclosed a Strategic Alliance with Suppose BIG, LLC, Social Influence Startup Based by CJ Wallace, Son of Christopher “The Infamous B.I.G.” Wallace.
The Firm is headquartered in New York Metropolis and operates a regional workplace in Barcelona, Spain. As well as, the Firm operates a full time E-Commerce achievement middle positioned in LaGrangeville, New York.
DISCLAIMER — Ahead-Wanting Statements
This press launch comprises sure “forward-looking statements” as outlined by the Personal Securities Litigation Reform Act of 1995 which characterize administration’s beliefs and assumptions regarding future occasions. These forward-looking statements are sometimes indicated by utilizing phrases resembling “could,” “will,” “expects,” “anticipates,” believes, “hopes,” “believes,” or plans, and should embrace statements concerning company goals in addition to the attainment of sure company objectives and milestones. Ahead-looking statements are primarily based on current circumstances and on administration’s current beliefs with respect to occasions that haven’t occurred, that will not happen, or that will happen with totally different penalties or timing than these now assumed or anticipated. Precise outcomes could differ materially from these expressed in ahead trying statements on account of recognized and unknown dangers and uncertainties, resembling will not be ensures of basic financial and enterprise situations, the flexibility to efficiently develop and market merchandise, client and enterprise consumption habits, the flexibility to consummate profitable acquisition and licensing transactions, fluctuations in trade charges, and different elements over which Tauriga has little or no management. Many of those dangers and uncertainties are mentioned in higher element within the “Threat Components” part of Tauriga’s Type 10-Ok and different filings made occasionally with the Securities and Trade Fee. Such forward-looking statements are made solely as of the date of this launch, and Tauriga assumes no obligation to replace forward-looking statements to replicate subsequent occasions or circumstances. You shouldn’t place undue reliance on these forward-looking statements.
Tauriga Sciences, Inc.
555 Madison Avenue, fifth Flooring
New York, NY 10022
Chief Govt Officer
Mr. Seth M. Shaw
Electronic mail: firstname.lastname@example.org
cell # (917) 796 9926
Corp. Web site: www.tauriga.com
E-Commerce Web site: www.taurigum.com
Electronic mail: email@example.com