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 CAV3MANon Sep 06, 2018 8:32am

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Post# 28570726

RE:RE:RE:RE:The Acquisition Files - ACB & Canopy

Thanks for the additional information. I’m finding you DD and analysis plus dot connecting fascinating.

TheDirtyNorth wrote:

CAV3MAN wrote: Thank all of you for your great contributions today. Glad I logged on for sure.

So if Aurora Cannabis spins of Australis, wouldn't that drive the price of Aurora down as is common following a spin-off?

Again, thank for the excellent discussion.

Canadian ACB shareholders are receiving shares of the newly formed Australis on a 34-1 basis. Own 34 shares of Aurora and get 1 unit of Australis, with the unit being made up of a share and a .25 cent warrant.

US shareholders are receiving cash. Aurora is transferring those units owned by non canadians to a brokerage, they'll be sold at market and the cash send to the shareholders.

They just completed an over subscribed 17 million dollar raise. With the warrants executed (which I think is pretty likely at .25), they should have a warchest of about 38 million to go shopping with once. Looks like they should open up with a mcap of around 23 million (28 million shares to Aurora holders + 85 million shares as part of the PP at .20 a share), but expect that to multiply pretty quickly.