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Johnny_C

12/26/19 12:52 PM

#48799 RE: rawman #48797

You are writing about the Walmart of 5 and 10 yrs ago. If you had retail experience you would no that the times have changed.

In order to be an approved vendor you need to pass rigorous due diligence compliance including legal, inventory ect.

I wouldn’t be surprised if Wal-Mart actually had to approve the press release. Furthermore, any large PO’s can be financed through a variety of ways. Walmart, CVS, Walgreens, GNC, grocery stores, Vitamin Shop to many other retailers have indicated they want to sell CBD products. Many CBD products are mislabeled as to the amount of CBD in the product. That is not the case with Tauri Gum. While recent announcements by the FDA and the absurd ruling of NY City have caused extra caution with retailers, the CBD growth will continue. I previously wrote that one of the largest food companies in the world has forecast CBD and non meat protein to be the biggest trends in the food industry over the next 5 years. That is why we heavily participated in Impossible Burger private fundings and like the gum product. It does not appear TAUG has to even pay for slotting.

My guess is a retailer like Walmart will roll out the product in a region by region or State by State basis. That is what happened to Serendipity with large rollouts like 7/11, Walgreens and CVS. Sales will dictate where it goes from there. But your discounting and ridiculing having a product approved for sale inside Walmart is absurd. Taug is represented by a multi billion dollar in sales company and my bet is this is just the beginning.