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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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Post by Sport239on Mar 21, 2019 10:54am
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Post# 29516761

News Release Highlights

News Release Highlights

Highlights:

 

  • Phase 2 bottling line installation at licensed facility is complete

 

  • Capacity is 3 million bottles per year; expected average revenue of US$8/bottle (includes single-serve and multi-serve drinks)

 

  • Phase 3 remains on schedule for completion in Q2; this has capacity of 12 million bottles per year (in addition to the phase 2 line), plus a beverage DSD distribution center, and a space plan for 2 more lines as needed

 

  • Phase 3 is state of the art equipment from Italy purpose built for cannabis and co-packing versatility

 

  • $200k of backordered and indicated demand for margarita and mule since start of 2019 – we’re producing for delivery to stores in April

 

  • Production of Tinley ’27 whisky, rum and Amaretto will start as soon as above backorders are filled

 

  • These new versions use cutting edge cannabis solubalization technology that allows for faster effect onset and offset, full-flower Sativa effect, clarity, vegan, gluten free and as little as 1g of sugar per serving; all servings reduced to a 5mg THC micro-dose based on customer feedback from prior versions
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