RE:Do they even have a beverage that is market tested?You make a very interesting point, so I checked out Tinley's Q4 investor presentation...no financials?!? There's pictures of people using their product at a 420 fest, but no sales information, no balance sheet, etc. That alone leads me to beleive they are cash poor, and hoping to boost their hype before diluting shares to raise cash.
BagHoldersHere wrote: Did they even finish making a beverage or are they just getting started?
You guys do realize their are companies selling infused beverages in California that are 3 years ahead of you right?
Tinley Beverages is building "Brand Awareness" in California & cannot even keep up with demand.
California is now the world's fifth-largest economy, according to recent data released by the U.S. Department of Commerce. Its 2017 Gross State Product was $2.747 trillion, surpassing the United Kingdom's $2.625 trillion Gross Domestic Product.
Canada placed 10th in the ranking of GDP of the 196 countries that we publish. Canada is 1.6 trillion.
And California is about the size of Newfoundland, so it's easy to create "brand awareness"
California land mass, 423,970 km / Newfoundland land mass, 405,212 km.
Tinley Beverages has 3 CBD infused beverages that already sell in mainstream locations like 7/11, Chevron & Shell, just to name a few.
They have two THC beverages that are sold out as soon as they come out of the bottling facility.
Also, Tinley Beverages has 3 previous COTT employees, one who was on the board of directors Dec 31st last year. And 1 previous Constellation Brands employee.
Plus, the CEO of COTT is on the board of directors at Constellation Brands, coincidence lol.
Green Street Agency, which is 50% owned by Gary Vaynerchuk, is a new distributor of Tinley Beverages. Just to give you an idea of who Gary Vaynerchuk does promotion for, ABInBev, DIAGEO, PEPSICO, JP Morgan Chase, just to name a few. https://vaynermedia.com/
Take a look at Green Street Agency's website to see their partners, you may recognize some names like SNOOP DOGG, THE GAME, CYPRESS HILL, WAKA FLOCKA FLAME, just to name a few. https://www.greenstreetagency.com/
You get way better exposure by investing in Tinley Beverages, not only do you get the California market, which is bigger than Canada, but you also get Canada when it's legal here!
Tinley Beverages will be doing a JV with a canadian LP for next year.
Hexo cannot even sell beverages until late next year, you guys are toO late to the party.