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

Tinley Beverage Company Inc

Bullboard Posts

Comment by CAV3MANon May 16, 2019 9:56pm

196 Views

Post# 29754011

RE:RE:RE:RE:Buy out price

That would put it similar to the valuation of casamigo tequila George Clooney's startup.

$700 million U.S. upfront, $300 million performance. $1.4B CAN

Not bad for a company with little production.

What was purchased was the future sales value albeit the maket thinks they paid a little high.

So I'd say it's fair value for Tinley in the near future.

But I could see a bidding war given time where things could get silly.

NedStark wrote: Because if they last until then they will be worth north of a billion.

With today’s fully diluted share count, a billion dollar valuation means a stock price of $7.87.

I would like to see Tinley sell for more than $10 per share.

Of course I would prefer that Tinley not get acquired and become a giant of its own, but that’s not realistic. There really is no point in hoping for that, because you will just get disappointed.

Reyninak wrote: I hope we don't get bought out at all and that Tinley just becomes a giant of its own.

Question though: why are you saying you hope it doesn’t happen until mid 2020s? Why that timeframe?

NedStark wrote: Comfortable with $500-$600 million. Happy with a billion or more. Hope it doesn’t happen until mid 2020s, although I’m not holding my breath.