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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 KingKongon Oct 16, 2019 10:18pm
206 Views
Post# 30238652

RE:RE:Rick Gillis Interview from MJ Micro Conference.

RE:RE:Rick Gillis Interview from MJ Micro Conference.
Imbaaack wrote: How is it that TNY was in 80 dispensaries BEFORE the latest super magic potion and now only 50ish? How does this Gillis expert explain a drop of almost 40% in customer acquisition?  I guess close to 40% of past clients didn't think much of TNY? Hey Kong is it a coincidence that SP was about 0,80$ before the latest version and now it is at about 0,50$!! Kind of ironic don't you think?? 40% drop in dispensaries and 40% drop in SP!!! Hey look chart is showing an ascending triangle from yesterday's close! TNY to the moon! 4 hours from legalization....nothing from TNY!!
KingKong wrote: Rick Gillis sat down with Steve Darling from Proactive Vancouver at the MJ Micro Conference to discuss the company to help consumers enjoy cannabis in familiar, classic beverages. Over 50 dispensaries since May & the repeat purchasing is "super exciting."

Rick Gillis Interview MJ Micro Conference
 




You said, "I guess close to 40% of past clients didn't think much of TNY?"

Rick Gillis said,  "We've been in Over 50+ dispensaries full force since May & the repeat purchasing is super exciting."

You can try to spin this however you want, but 50+ dispensaries doesn't have to mean 50+ locations either, some dispensaries have more than one location, we alreadly know of two dispensaries with at least 3 locations. Plus, online & our two delivery trucks may be a little boost to the revenues as well.


This interview along with some quotes from the monthly update are encouraging, "During the current month, the Company made significant progress in expanding its availability in stores, conducting consumer marketing activities, improving its product logistics infrastructure, advancing territorial expansion agreements and developing additional products."

"The Company has been selling to an increasing number of dispensaries and its products are available in virtually all major markets throughout California. The Company is making progress in discussions with key accounts that represent entire dispensary chains."


Monthly Update.

April 24th & 29th TNY created a double top & is exactly where the downtrend started in the share price in 2019. On May 1st to May 16th the following month TNY had nearly 4 Million shares short, that's more than the rest of 2019 combined excluding the month of May! TNY has only had that many shares short as May 16th 3 to 4 times in the entire stocks trading history. 

https://shortdata.ca/stock/TNY.CN/Short Data on Tinley Beverages
Bullboard Posts