Tinley Beverage Company Inc C.TNY

Alternate Symbol(s): TNYBF

The Tinley Beverage Company Inc., together with its subsidiaries, manufactures a line of non-alcoholic, cannabis-infused beverages for use in California, United States and in Ontario, Canada. The Company also manufactures cannabis-infused beverages for contract manufacturing clients. It offers terpene and cannabis-infused non-alcoholic Tinley's '27 and Tinley's Tonics products, for distribution to licensed dispensaries and home delivery channels in California. The Beckett's Classics and Beckett's '27 lines of non-alcoholic, terpene-infused non-cannabis versions of these formulations are available in select mainstream food, beverage, and specialty retailers in the United States as well as in select grocery and specialty stores in Canada. Its subsidiaries include Hemplify Inc., Algonquin Springs Beverage Management LLC, Beckett’s Tonics California Inc., Beckett's Tonics Canada Inc., Tinley's Canada Inc., and Lakewood Libations Inc.

CSE:TNY - Post by User

Tinley Beverage Company Inc

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Comment by ImWarrenBuffetton Dec 05, 2016 4:22pm

149 Views

Post# 25556797

RE:RE:No news to justify sliding share price... end of story.

Actually between 50% and 60% from the peak, probabilistically, are the most common type of pullbacks. Watch some charts and look at pullbacks on a bull market, you will see that this is not uncommon.

This is why you will see traders use fibonacci retracements of 0.618 (about 62%pullback).
This pullback is not out of the ordinary yet.

With that said, it would be nice to get some kind of announcement, post election, from TNY as to their path moving forward with their mj products.

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