{"id":457572,"date":"2021-03-15T08:56:08","date_gmt":"2021-03-15T12:56:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457572"},"modified":"2021-03-15T08:56:08","modified_gmt":"2021-03-15T12:56:08","slug":"tauriga-sciences-inc-completely-free-of-convertible-debt","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tauriga-sciences-inc-completely-free-of-convertible-debt\/","title":{"rendered":"Tauriga Sciences Inc. Completely Free of Convertible Debt"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"start\">\n        \n      <\/p>\n<p align=\"start\">The Company Has Fully Repaid and Retired Its Final Outstanding Convertible Debenture<\/p>\n<p align=\"start\">NEW YORK, NY, March  15, 2021  (GLOBE NEWSWIRE) &#8212; \u00a0<u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=U4XJTxRPF1R719o7EsnTTB7OYe9P2n2I0cTiuwjTKn2D8SYVCUEYrdj5PxLmiCCjp1XUtkrKfRR2pGB3M0997IWRToYjPgn3dTVIvrET6Vg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">via NewMediaWire<\/a>\u00a0<\/u>&#8212; Tauriga Sciences, Inc. (OTCQB:\u00a0TAUG) (\u201cTauriga\u201d or the \u201cCompany\u201d), a revenue generating, diversified life sciences company, with a proprietary line of CBD &amp; CBG infused Supplement chewing gums (Flavors: Pomegranate, Blood Orange, Peach-Lemon, Pear Bellini, Mint, Black Currant), additional product offerings, as well as an ongoing Pharmaceutical Development initiative, today announced that it is completely free of convertible debt.\u00a0The final outstanding convertible debenture (the \u201cDebenture\u201d), $210,000 Face Value, was issued by the Company during December 2020.\u00a0\u00a0At that time, this Debenture enabled the Company to resume its Pharmaceutical development efforts.\u00a0\u00a0<\/p>\n<p align=\"start\">Tauriga\u2019s CEO Seth M. Shaw commented, \u201cOur management team takes great pride in this achievement as it symbolizes both fundamental progress as well as perseverance.\u00a0\u00a0Especially with today\u2019s date being the 2-year anniversary of the commercial launch of Tauri-Gum product line.\u00a0\u00a0Over that period, the Company has stayed true to its long-term vision and has built a world-class product line, a valuable brand, a diversified suite of offerings, an exciting pharmaceutical development initiative, and a strong corporate balance sheet.\u00a0 The Company is focused on building shareholder value over the short, intermediate, and long terms.\u201d<\/p>\n<p align=\"start\">\n        <b>ABOUT TAURIGA SCIENCES INC.<\/b>\n      <\/p>\n<p align=\"start\">Tauriga Sciences, Inc. (TAUG) is a revenue generating, diversified life sciences company, engaged in several major business activities and initiatives.\u00a0\u00a0The company manufactures and distributes several proprietary retail products and product lines, mainly focused on the Cannabidiol (\u201cCBD\u201d) and Cannabigerol (\u201cCBG\u201d) Edibles market segment.\u00a0\u00a0The main product line, branded as Tauri-Gum\u2122, consists of a proprietary supplement chewing gum that is Kosher certified, Halal certified, and Vegan Formulated (CBD Infused Tauri-Gum\u2122 Flavors: Mint, Blood Orange, Pomegranate), (CBG Infused Tauri-Gum\u2122 Flavors: Peach-Lemon, Black Currant) &amp; (Vitamin C + Zinc \u201cImmune Booster\u201d Flavor: Pear Bellini).\u00a0\u00a0The Company\u2019s commercialization strategy consists of a broad array of retail customers, distributors, and a fast-growing E-Commerce business segment (E-Commerce website:\u00a0www.taurigum.com). Please visit our corporate website, for additional information, as well as inquiries, at\u00a0http:\/\/www.tauriga.com<\/p>\n<p align=\"start\">Complementary to the Company\u2019s retail business, is its ongoing Pharmaceutical Development initiative.\u00a0 This relates to the development of a proposed Pharmaceutical grade version of Tauri-Gum\u2122, for nausea regulation (specifically designed for the following indication: Patients Subjected to Ongoing Chemotherapy Treatment). On March 18, 2020, the Company announced that it had filed a provisional U.S. patent application covering its pharmaceutical grade version of Tauri-Gum\u2122.\u00a0 The Patent, filed with the U.S.P.T.O. is Titled \u201cMEDICATED CBD COMPOSITIONS, METHODS OF MANUFACTURING, AND METHODS OF TREATMENT\u201d.\u00a0 On December 18, 2020 the Company disclosed that it had entered into a Master Services Agreement with CSTI to lead the Company&#8217;s clinical development efforts.<\/p>\n<p align=\"start\">The Company is headquartered in Wappingers Falls, New York.\u00a0\u00a0In addition, the Company operates two full time E-Commerce fulfillment centers: one located in Montgomery, Texas and the other in Brooklyn, New York.<\/p>\n<p align=\"start\">\n        <b>DISCLAIMER &#8212; Forward-Looking Statements<\/b>\n      <\/p>\n<p align=\"start\">This press release contains certain \u201cforward-looking statements\u201d as defined by the Private Securities Litigation Reform Act of 1995 which represent management\u2019s beliefs and assumptions concerning future events. These forward-looking statements are often indicated by using words such as \u201cmay,\u201d \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d believes, \u201chopes,\u201d \u201cbelieves,\u201d 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\u2019s 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\u00a0\u00a0forward 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 \u201cRisk Factors\u201d section of Tauriga\u2019s Form 10-K and other periodic 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.<\/p>\n<p align=\"start\">\n        <b>Contact:<\/b>\n      <\/p>\n<p align=\"start\">Tauriga Sciences, Inc.<\/p>\n<p align=\"start\">4 Nancy Court, Suite 4<\/p>\n<p align=\"start\">Wappingers Falls, NY 12590<\/p>\n<p align=\"start\">Chief Executive Officer<\/p>\n<p align=\"start\">Mr. Seth M. Shaw<\/p>\n<p align=\"start\">Email:\u00a0sshaw@tauriga.com<\/p>\n<p align=\"start\">cell # (917) 796 9926<\/p>\n<p align=\"start\">Company Instagram: @taurigum<\/p>\n<p align=\"start\">Personal Instagram:\u00a0@sethsms47<\/p>\n<p align=\"start\">Twitter: @SethMShaw<\/p>\n<p align=\"start\">Corp. Website:\u00a0\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TU9m2UlaucwWzVQwT-99OKPYT4ZoYk7U9WJe7MdN_d1VQkZ-pXAUfQ65kQYAcnH5tj11EVCo_PusxtJeqW46Dw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.tauriga.com<\/u><\/a><\/p>\n<p align=\"start\">E-Commerce Website:\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TU9m2UlaucwWzVQwT-99OIqo3RkpeflekE23kntOlbfhPLNUSWO60XoBls2oQbYANd8hQpDVhop-1g6_CJmNjQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.taurigum.com<\/u><\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDExMSM0MDY0MzUxIzUwMDAzMjAzMQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/23789440-1249-4c8f-948a-5f0bac4fcf17\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Company Has Fully Repaid and Retired Its Final Outstanding Convertible Debenture NEW YORK, NY, March 15, 2021 (GLOBE NEWSWIRE) &#8212; \u00a0via NewMediaWire\u00a0&#8212; Tauriga Sciences, Inc. (OTCQB:\u00a0TAUG) (\u201cTauriga\u201d or the \u201cCompany\u201d), a revenue generating, diversified life sciences company, with a proprietary line of CBD &amp; CBG infused Supplement chewing gums (Flavors: Pomegranate, Blood Orange, Peach-Lemon, Pear Bellini, Mint, Black Currant), additional product offerings, as well as an ongoing Pharmaceutical Development initiative, today announced that it is completely free of convertible debt.\u00a0The final outstanding convertible debenture (the \u201cDebenture\u201d), $210,000 Face Value, was issued by the Company during December 2020.\u00a0\u00a0At that time, this Debenture enabled the Company to resume its Pharmaceutical development efforts.\u00a0\u00a0 Tauriga\u2019s CEO Seth M. Shaw commented, \u201cOur management team &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tauriga-sciences-inc-completely-free-of-convertible-debt\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tauriga Sciences Inc. Completely Free of Convertible Debt&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-457572","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tauriga Sciences Inc. Completely Free of Convertible Debt - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tauriga-sciences-inc-completely-free-of-convertible-debt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tauriga Sciences Inc. Completely Free of Convertible Debt - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The Company Has Fully Repaid and Retired Its Final Outstanding Convertible Debenture NEW YORK, NY, March 15, 2021 (GLOBE NEWSWIRE) &#8212; \u00a0via NewMediaWire\u00a0&#8212; Tauriga Sciences, Inc. (OTCQB:\u00a0TAUG) (\u201cTauriga\u201d or the \u201cCompany\u201d), a revenue generating, diversified life sciences company, with a proprietary line of CBD &amp; CBG infused Supplement chewing gums (Flavors: Pomegranate, Blood Orange, Peach-Lemon, Pear Bellini, Mint, Black Currant), additional product offerings, as well as an ongoing Pharmaceutical Development initiative, today announced that it is completely free of convertible debt.\u00a0The final outstanding convertible debenture (the \u201cDebenture\u201d), $210,000 Face Value, was issued by the Company during December 2020.\u00a0\u00a0At that time, this Debenture enabled the Company to resume its Pharmaceutical development efforts.\u00a0\u00a0 Tauriga\u2019s CEO Seth M. Shaw commented, \u201cOur management team &hellip; Continue reading &quot;Tauriga Sciences Inc. Completely Free of Convertible Debt&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tauriga-sciences-inc-completely-free-of-convertible-debt\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-15T12:56:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE5MDExMSM0MDY0MzUxIzUwMDAzMjAzMQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tauriga-sciences-inc-completely-free-of-convertible-debt\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tauriga-sciences-inc-completely-free-of-convertible-debt\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Tauriga Sciences Inc. 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