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 Reyninakon Aug 29, 2018 9:07pm

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Post# 28539822

RE:RE:RE:My Takeaways from the MD&A and NR

I see. Thanks!

TheDirtyNorth wrote:

Reyninak wrote: TDN, where did you get the $66k number for Hemplify sales from? I see 2017 sales at $31k. Not sure what I'm missing.

I might be wrong in my interpretation of the statement. In Q4 of 2017, Tinley took losses of roughly 35,000 by retiring product in the old packaging from shelves. I omitted that in my analysis as it's technically a write down against sales, but it doesn't represent actual product sold. I interpeted that statement as being T27 outselling what was actually sold. Tinley sold 66,000 in Hemplify in 2017, and wrote off a further 35,000 worth of Hemplify when they retired the old packaging.