Tauriga Sciences, Inc. Enters into
Strategic Alliance with Think BIG, LLC, Social Impact Startup
Founded by CJ Wallace, Son of Christopher “The Notorious B.I.G.”
Wallace
Co-Founders of Think Big, LLC -
Willie Mack (left) / CJ Wallace (right)
NEW YORK, NY & LOS ANGELES, CA -- October 7, 2020 --
InvestorsHub NewsWire -- Tauriga Sciences, Inc. (OTCQB: TAUG)
(“Tauriga” or the “Company”), a revenue generating, diversified
life sciences company, with a proprietary line of functional
“supplement” chewing gums (Flavors: Pomegranate, Blood Orange,
Peach-Lemon, Pear Bellini, Mint, Black Currant) as well as two
ongoing Biotechnology initiatives, today announced that it has
entered into a Strategic Alliance with Think Big, LLC (“Think Big”)
– a Los Angeles, California based Social Impact Company.
Think Big was founded by CJ Wallace, son of Christopher “The
Notorious B.I.G.” Wallace.
Think BIG advocates for the global legalization of hemp and
cannabis, criminal justice reform, and reinvestment into
communities that have been the most affected by the prohibition of
cannabis. Think BIG was founded by CJ Wallace, the son of
Christopher “The Notorious B.I.G.” Wallace and R&B Singer Faith
Evans
This new partnership includes a global licensing deal to bring
co-branded CBD & CBG products to market. “I saw
firsthand how CBD helped my little brother, Ryder, in his struggle
with autism, and my grandmother in her fight against breast cancer.
Our companies believe in the healing power of CBD and I am excited
to work with Tauriga on a product development roadmap for new CBD
& CBG products for my family and families
everywhere,” said CJ Wallace.
CJ Wallace and Willie Mack will serve as Tauriga Brand
Ambassadors and Creative Directors on new CBD & CBG
products. “We have been looking for the right partners to
bring our vision and mission for global Hemp and Cannabis
legalization to market and found that Seth Shaw and the team at
Tauriga Sciences, Inc. have a shared vision of creating a business
that is inclusive, diverse, and have full confidence in Tauriga’s
current and future product and scientific development in CBD, CBG,
and other cannabinoids. This is a critical alliance for our
Companies’ respective plans for the future,” said Willie Mack,
Co-founder & CEO Think BIG.
Tauriga Sciences Inc. recent news &
developments:
- Creation of breakthrough product line, branded as:
Tauri-Gum™ -- Vegan formulated, Kosher (Star-K) & Halal
(Etimad) certified CBD Infused Flavors: Mint, Blood Orange,
Pomegranate & CBG Infused Flavors: Peach-Lemon, Black Currant
with additional flavors in development.
- Developing a Pharmaceutical Grade version of Tauri-Gum™, aimed
at regulating nausea that arises from chemotherapy treatments and
filed a Provisional Patent in March 2020 and is working towards FDA
clearance for conducting clinical trials.
- Entered into a Collaboration Agreement with Aegea
Biotechnologies Inc., a developer of highly specific and selective
nucleic acid based diagnostic test(s) for a variety of Infectious
Diseases (including COVID-19).
- Signed a distribution deal with Mr. Checkout
Distributors - Agreement to launch Tauri-Gum™ nationwide
to over 200,000 retail stores & locations.
- Supported by Direct Store Delivery (“DSD”) Distributors, a
network of over 1,100 independent distributors
nationwide.
- Certified as Vendor/Supplier to a number of large national
retail chains and experiencing strong levels of growth in its
highest margin E-Commerce business segment.
- Company Projects net Revenue Range of: $500,000 - $1,000,000
for Fiscal Year 2021 (Period: April 1, 2020 thru March 31,
2021).
- Company is Officially Approved to Operate as a U.S. Government
Vendor (CAGE Code #: 8QXV4)
Commenting on this transformative partnership, Tauriga’s CEO
Seth M. Shaw expressed, “After several months of
collaboratively working with the Founders of Think Big, we have
determined their management team to be passionate about making a
positive impact on the world, while promoting a vision which aligns
with our core values and ideals. Together, Tauriga Sciences Inc.
and Think BIG LLC are working with great enthusiasm and dedication
to develop and promote outstanding products as well as create
lasting shareholder value. Tauriga is also excited about Think
BIG’s social and traditional media outreach, which greatly
complements the Company’s business plan.”
Co-Founders of Think Big, LLC - Willie Mack (left) / CJ Wallace
(right)
ABOUT TAURIGA SCIENCES, INC.
Tauriga Sciences, Inc. (TAUG)
is a revenue generating, diversified life sciences company, engaged
in several major business activities and
initiatives. The company manufactures and distributes
several proprietary retail products and product lines, mainly
focused on the Cannabidiol (“CBD”) and Cannabigerol (“CBG”) Edibles
market segment. The main product line, branded as
Tauri-Gum™, consists of a proprietary supplement chewing gum that
is Kosher certified, Halal certified, 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™ Flavor: Pear
Bellini). The Company’s commercialization strategy
consists of a broad array of retail customers, distributors, and a
fast-growing E-Commerce business segment (E-Commerce website:
www.taurigum.com). Please visit our corporate website, for
additional information, as well as inquiries, at http://www.tauriga.com
Complementary to the Company’s retail business, are its two
ongoing biotechnology initiatives. The first one relates
to the development of a Pharmaceutical grade version of Tauri-Gum™,
for nausea regulation (specifically designed to help patients that
are subjected to ongoing chemotherapy treatment). On March 18,
2020, the Company announced that it filed a provisional U.S. patent
application covering its pharmaceutical grade version of
Tauri-Gum™. The Patent, filed with the U.S.P.T.O. is
Titled “MEDICATED CBD COMPOSITIONS, METHODS OF MANUFACTURING, AND
METHODS OF TREATMENT”. The second one relates to a
collaboration agreement with Aegea Biotechnologies Inc. for the
co-development of a rapid, multiplexed, Novel Coronavirus
(COVID-19) test with superior sensitivity and
selectivity.
The Company is headquartered in New York City and operates a
regional office in Barcelona, Spain. In addition, the
Company operates a full time E-Commerce fulfillment center located
in LaGrangeville, New York.
ABOUT THINK BIG, LLC
Think BIG is a social impact company that advocates for the
global legalization of hemp and cannabis, criminal justice reform,
and reinvestment into communities that were most harmed by the
prohibition of cannabis. Think BIG was founded by Christopher J.
“CJ” Wallace, Willie Mack and Todd Russaw in March 2019 to honor
the life and legacy of CJ’s father, Christopher “The Notorious
B.I.G.” Wallace. Think BIG launched Frank White it’s first
lifestyle brand as a platform for fueling and celebrating Black
creativity and self-expression. Frank White is named after one of
the aliases The Notorious B.I.G. used to express himself. Think BIG
is a proud member of Minority Cannabis Business
Association and Last Prisoners
Project. www.comethinkbig.comwww.frankwhite.co
DISCLAIMER -- Forward-Looking Statements
This press release contains certain “forward-looking statements”
as defined by the Private Securities Litigation Reform Act of 1995
which represent management’s 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 management’s 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 Tauriga’s 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. All Revenue Projections are
forward-looking and based upon the best available information at
the time of Projecting. Actual results can differ materially
from the Projections established.
CONTACT INFORMATION
Public Relations: EMAIL:
press@tauriga.com
Tauriga Sciences, Inc.
Seth M. Shaw, Chief Executive Officer
555 Madison Avenue, 5th Floor
New York, NY 10022
Phone: (917) 796 9926
Instagram: @taurigum
Corp. Website: www.tauriga.com
E-Commerce Website: www.taurigum.com
QR Code Landing Page: www.taurigaqrcode.com
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