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Tinley Beverage Company Inc C.TNY

Alternate Symbol(s):  TNYBF

Consumer Defensive Beverages - Soft Drinks Cannabis
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 Corsekon Sep 01, 2017 3:34pm
135 Views
Post# 26648918

RE:Critical Mass

RE:Critical MassI dont' think we have all the details for this detail but things that I can pick out:
  • It states $3M in annualized sales. Therefore, they only have to get about $250,000 in one of the months.
  • It states that all 400k performance shares would be due if they reach the annualized hemplify sales. So likely there is steps involved (75% gets a certain amount etc.)
  • I can't recall what the timeline was for them to achieve these sales milestones but it doesn't seem too far out of reach to hit $250k in revenues in a month within say a year from now. IMO.
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