A Vancouver-based small cap just announced that a Worldwide Vape Distribution has placed a wholesale order worth $1 million to be fulfilled in batches over the course of 2021. Shares of TAAT Lifestyle & Wellness Ltd. (CSE:TAAT) popped on the news as this company expands its U.S. presence.
Taat is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in "Original", "Smooth", and "Menthol" varieties. Taat's base material is Beyond Tobacco(TM), a proprietary blend which undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco.
Traders were optimistic on the news as shares hit an early session high of $3.46/share (+10.54%) following the announcement. This move is a breath of fresh air for shareholders that have been riding the pullback down from its February rally.
