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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
Post by manuelson Nov 12, 2019 1:14pm
165 Views
Post# 30340794

Waste of money

Waste of money

All that bottling facilities and equipment, all that rent being paid on the them for zero revenue. 

Tinley will soon have a capacity of 12,000,000 + 3 million bottles, a year, but they are not even producing 200,000 bottles a year. That's why they had to do the BevMo deal.  Even the CEO said that they won't be even close to 12,000,000 bottles a year

So why is this? miscalculating the demand perhaps? If so why are competitors in every store? Is the distribution the problem?

 

Something is very wrong here

 

Bullboard Posts