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.

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Tinley Beverage Company Inc

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Comment by MJlegislationon Nov 28, 2017 11:08am

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Post# 27046386

RE:RE:2.2.4 Industrial Hemp (CBD!)

Why is the news about CBD infused beverages new to everyone?? Interpolation posted about this a week okay and it got bumped up multiple times!! Wake up and actually read through full posts.

MJlegislation wrote: Does everybody realize how amazing this proposed legislation is? Jeff has always said that the only way Tinley could sell Hemplify in Canada was through one of the licensed producers, and now this has completely changed. No license is required!!! Tinley does not need to give away a royalty fee and can now do exactly what they have been doing in the US on their own. If there is a reason that the share price went up a lot today then this would be it. Look for a much more aggressive expansion plan into Canada moving forward. If this goes through as planned then Hemplify will be selling in Canada on July 1st, 2018.
Interpolation2 wrote:
https://www.canada.ca/en/health-canada/programs/consultation-proposed-approach-regulation-cannabis/proposed-approach-regulation-cannabis.html#a224

2.2.4 Industrial Hemp

It is proposed that a licence for industrial hemp would authorize the cultivation of industrial hemp plants and the production and sale of seeds and grains (and their derivatives). It is proposed that the regulations would define industrial hemp as “cannabis plants whose leaves and flowering heads do not contain more than 0.3% THC.” It should be noted that any part of the plant identified in Schedule 2 of the proposed Cannabis Act, such as a non-viable seed or mature stalk without any leaf, flower, seed or branch, would fall outside the scope of the proposed Act. As such, activities related to these plant parts (such as their processing or sale) would not require a licence under the proposed Act. Further, as is currently the case under the Industrial Hemp Regulations, a licence would not be required for the sale of derivatives of seed and grain that contain 10 micrograms per gram of THC or less.

An industrial hemp licence would also authorize related activities, including possession, transportation, research and development, consistent with other classes of licences. To improve upon the current regulatory requirements for industrial hemp producers, it is proposed that industrial hemp licences would authorize the intra-industry sale of leaves, flowers and branches (or the whole plant).