RE:RE:Silence is Golden...Speculation at best. The last thing any ;omg term investor should want is a buyput at these levels. Even with a 50% premium on today's price would be a slap in the face for those tht have been invested in Tinley for years. This would only benefit the big players.
fib0nacci wrote: It doesn't seem like Canopy is in a rush to start selling infused beverages in Canada because they already have a acquisition target selling infused beverages in California!
WEED/STZ are building a Hemp bottling facility in Modesto & possibly in New York.
If you look at any of Canopy's previous deals or aquisitions was there a blackout period where Canopy didn't release any news?
Silence of this magnitude makes me speculate that there's a bidding war for a buyout taking place, or simply that Tinley's Canadian LP is a large producer like Canopy that wants to announce a deal at Long Beach to compliment the Canadian expansion that everyone is already keen on.
If you know, you know, ya know?
MadJack1 wrote: So seeing as it is quiet around here, I wanted to stir the pot and get people's opinion on something.
TNY has essentially blown all of their Q4 deliverables by a month. They even went so far as to change their corporate presentation wording to adjust for the delay. On top of that there is actual confirmation that they have the license we have been waiting for and that the stance of some is they are working through the commissioning of the lines with actual THC included in the process before waving the flag they are open for business.
Canopy has officially delayed the roll-out of drinks and says they will provide an update with their next quarterly financials (February 14th). They have a 125,000 square foot facility ready to do drinks in Smith Falls and one can only speculate that STZ is invested because of the value proposition involved with Cannabis beverages. They got upgraded by BMO yesterday...a bank that supposedly lends them money and someone on Seeking Alpha (StoneFoxCapital) wrote an article about their 2.0 products being too expensive or not available (IE: drinks).
All this little background to ask the following:
- What is a reasonable amount of time in people’s opinion to commission the lines at Long Beach?
- If the WEED/TNY rumour on twitter has any merit and they were discussing some type of deal, would there be a mandatory blackout period during the discussions where neither party did interviews or released news?
- What do people believe (assuming a deal is in the works) would be the best outcome for TNY and why?
Full disclosure that I’m not saying a deal is going down but for those who have been part of these types of things over the years any insight into what we are seeing/experiencing would be helpful.
MJ1