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TAAT Global Alternatives ( (TSE:TAAT) ) just unveiled an update.
TAAT Global Alternatives, Inc. has entered into a definitive agreement to acquire 100% equity interest in Premium Products LLC, a distributor in the alternative product space. This acquisition is expected to enhance TAAT’s product diversity, market reach, and revenue growth, as Premium Products offers a range of Delta-9 products such as chocolates, gummies, and vape devices. The transaction, set to close in early February 2025, will see Premium Products operate as a wholly owned subsidiary of TAAT, aligning with the company’s strategic objectives in the CPG sector.
More about TAAT Global Alternatives
TAAT Global Alternatives, Inc. operates in the consumer-packaged goods (CPG) sector, specializing in alternative product offerings. The company focuses on diversifying its product line and exploring new market opportunities, aiming to accelerate revenue growth. TAAT is known for its innovative approach and expansion into areas such as non-tobacco nicotine alternatives and wellness-focused beverages.
YTD Price Performance: 43.48%
Average Trading Volume: 6,143
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.9M
See more insights into TAAT stock on TipRanks’ Stock Analysis page.