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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

Bullboard Posts
Comment by UniverseofLimeson Mar 07, 2019 11:53pm
123 Views
Post# 29459378

RE:Next financials

RE:Next financialsThe next set of financials are not going to be pretty at all and the SP will likely take a short term hit, but an investment in Tinley is not about great sales at this point. Why would anyone think otherwise? Their facility is still not completed and they have done some reformulating to their product while a new set of regulation has been passed down to the industry in California.

The industry is booming, rapidly, but is still in an early stage, and hopefully the industry gets a big push with the next election leading to federal acceptance.

There is no denying Tinley has a great product which is completely unique, but to expect anything from a company that does not have their permanent bottle facility completed is a little premature. If you are going to judge the company on the merrits of fundamentals then wait a couple of quarters past the completion of the Long Beach facility and see if they have acquired any third party bottling agreements while comparing quarterly growth. 
Bullboard Posts