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 KingKongon Sep 04, 2019 1:08am

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Post# 30093066

RE:This is interesting to say the least, obviously speculation!

Ohh yeah, and just to add to my recent posts regarding you know what with you know who... This below only adds to my six degrees of speculation, but it's only that folks, speculation, the very thing the stock market was built on to say the least. glta.

KingKong wrote: Constellation Brands announced today that it has signed an agreement with Heaven Hill Brands to divest Black Velvet Canadian Whisky and the brand's associated production facility in Lethbridge, Alberta, Canada, along with a subset of Canadian whisky brands produced at that facility. The company expects to receive cash proceeds of approximately $266 million USD, subject to closing adjustments. This transaction is subject to regulatory approvals and is expected to close in the second half of calendar 2019.
"We are relentlessly focused on the consumer and building a portfolio of brands consumers love today, while pushing beyond to meet their evolving needs well into the future," said Bill Newlands, Constellation Brands president and chief executive officer. "This decision aligns with our consumer-led premiumization strategy to deliver accelerated growth and shareholder value as we continue to focus our wine and spirits portfolio on higher-end, fast-growing brands.https://www.benzinga.com/pressreleases/19/08/g14251748/constellation-brands-evolves-spirits-portfolio

Andrew Stodart was the International brand manager for Black Velvet Whisky (Constellation Brands); https://secureservercdn.net/72.167.241.134/zg6.4e7.myftpupload.com/wp-content/uploads/Tinley-Corporate-Presentation-Q2-2019e.pdf
and built it from a declining brand into the 3rd-largest selling brand in its category, and he's been on Tinley Beverages advisory board since September 30th 2016, https://ca.finance.yahoo.com/news/tinley-appoints-andrew-stodart-board-155900782.html ,and if I am not mistaken he recently bought into Tinley's oversubscribed PP!!! Interesting to say the least.