Congratulations investors - you're in the jerky business!
Hope you're not vegetarians.
In May of 2022, TAAT® acquired the profitable distribution business ADCO Distributors Inc. (“ADCO”) in Canton, Ohio. ADCO’s independent retail-focused business model has grown substantially over recent years to approximately CAD $90 million in revenues. In the months following the acquisition of ADCO, the Company has reviewed its business plans and intends to emphasize new and emerging categories that have higher margins than traditional tobacco products. For instance, ADCO recently partnered with a local Ohio jerky brand known as White Horn Meats to distribute its product in the Central Ohio market.
Didn't they used to brag about TAAAAAAAAAAAT having larger margins than traditional tobacco products?
AI
