The unlikeliest of products are still attracting investors to the companies who make those products. Wednesday, it was New York-based Tauriga Sciences, Inc. (OTC:TAUG) that got on its soap box.
The company, building its business through the development, distribution, and licensing of proprietary products as well as the evaluation of potential acquisition opportunities and equity investments, has today showcased its graphic design and artwork for the retail display box of its CBD Infused Gum; Branded as Tauri-Gum, set to launch commercially next month.
“Studies have shown,” reads today’s news release, “that a chewing gum product may provide a superior delivery method for distributing its key active ingredients (such as CBD), in comparison to other oral dosage forms, such as: pills, capsules, beverages, and gummies. As an individual chews gum, the CBD is released from the gum quickly and is absorbed by the Oral Mucosa, rather than the Digestive System.”
Shares in TAUG gained 73-100ths of a cent, or 13.6%, to 6.1 cents, on volume of 389,000 shares.