Sitting here watching the Passionate EyeWall Street Blues, where they are doing a documentary on the Redditt/Gamestop backfire deal where the little guys had their way with the institutional brokers by teaming up and buying the shareprice up until the big guys were squealing like the little stuck pigs that they are.
It reminded me of the Tilray short that took Tilray shares from $150 a share to $300 at the expense of the shorters, although that was a fairly focused deal where Tinley shareholders were mostly insiders and they knew that the company was doing great but some shorts tried to play it to their advantage and it backfired.
Could you imagine having to cover your shorts at a loss of $150 a share premium.
Then there is Tinley, busy collecting wood, sticking it in the Tinley firepit but unable to fan the embers to flames.
Tinley has a state of the art bottling and formulating facility that has a ton of potential as a boutique bottler for high end complicated beverages that, in the right hands, should be a steady moneymaker if they capitalize on their strengths.
Bread and butter and possibly even gravy if we can come up with some pharma quality products.
Tinley did a lot of fumbling and dropped the ball several times but we seem to have arrived, production wise. The goal posts are the same as is the objective even though the rules have changed and we have a lot of outsider refs and linesmen, fockin' things up at the expense of the investors.
In my gut I know cannabinoid infused beverages have huge potential and that is confirmed by all of the big players that are making moves in anticipation to be involved, rather than on the outside looking in.
Canopy Growth WEED Canada division built a huge bottling facility with overcapacity to be able to manufacture their own lines of cannabinoid infused beverages as well as the competition's recipes. It has drawn more players with the same intentions as most LPs and MSOs are aiming for same along with plenty of soft alcohol providers especially beer companies.
Tilray picked up 3 US investments that are bottling orientated and the one thing that Hexo isn't willing to part with is their TRUSS bottling capability.
If Schumer can get some pro-pot bills passed in the US, it will launch most of these companies of potential. Biden already played that card for all that it was worth for the midterms but getting it done by the 2024 election probably gives it a reasonable amount of time to push it through, even at the speed of government.
Cheers to the Redditt players who turned the tables on some of the manipulators. I am all for seeing more of that and have even dug in my feet on a couple of investments to never sell them so the sheisters can't get my shares.
Tinley's numbers are elusive and I don't even know how they produced a financial with no numbers in it but it is going to have to happen!
Pharmaceuticals and beverages have always been high return, rapid turnover items and I see a huge future for cannabinoid infused style beverages. Just need to get the legislation done to loosen up the reigns and let this run.
glta and dyodd and just don't sell! If everybody got together and paid a little more for a few more shares we might even have a Redditt event. That might be enough to get this flaming.