RE:RE:RE:RE:RE:RE:Institutional Analyst: TNY REPORTYou're right, I don't I only have 187,625 but why do I have to prove anythig to you. As for CBD, when we met and talked with Rick in Cali, he said they would not be doing CBD for the time being and Hemplify was gone. Too many other companies would be vying for shelf space and it wasn;t worth it for them to pursue. They decided to go all in on the THC drinks. Another poster can attest to this as he was there.
At this point, I could sell my entire Tinley shares and end up with just over a double from my original investments from 3+ years ago. I did pretty well on Canopy getting in at under $3.00. Almost all of that has been moved to Tinley
fib0nacci wrote: You don't have 200k shares, stop lying, you have no money to buy at these levels & you're in the red by approx 50%, and that's why you cry everyday.
Hemplify has been put on hold, and if you knew how to read the MD&A you would know that.
THE TINLEY BEVERAGE COMPANY INC. Management’s Discussion and Analysis of Financial Condition and Results of Operations For the nine months ended September 30, 2019
CBD Beverages
Subsequent to the passage of the Farm Bill in late 2018, the Food and Drug Administration (“FDA”) and the California Department of Public Health (“CDPH”) increased enforcement against hemp CBD products in mainstream “bricks and mortar” stores within the State. This resulted in many brands being delisted and at least one product confiscation from the warehouse of a high-profile CBD drink.
Unlike most other CBD companies, which primarily sell their products online, Tinley’s “Hemplify®” products were sold almost entirely in “bricks and mortar” stores, due to the size and weight of drinks relative to oils. While Tinley believes that enforcement against CBD products in “bricks and mortar” stores in California will ultimately ease, the FDA has made no firm commitments on regulatory changes. This regulatory headwind, coupled with oils being the dominant format for CBD sales rather than drinks, as well as the larger opportunity in THC-infused drinks, led the Company to make the decision to focus entirely on THC-infused beverages.
The Company expects to take on co-packing clients that wish to make cannabis-derived CBD drinks for clients, however it does not expect to make hemp-derived CBD products for mainstream retail until there is greater clarity from the FDA. In addition to FDA and CDPH enforcement against hemp-derived CBD, the Bureau of Cannabis Control (“BCC”) stipulated that hemp-derived CBD products are no longer eligible for sale in California dispensaries unless the hemp is grown and distributed under the State’s track and trace system. This further validated the Company’s decision to reposition its resources entirely to cannabis-derived (i.e. non-hemp-derived) THC and CBD products in the dispensary channel. Given its existing THC-infused beverage infrastructure and distribution, Tinley believes that it is uniquely positioned to distribute cannabis-derived (i.e. not hemp-derived) CBD beverages though the dispensary channel throughout California, by deriving from CBD-rich cannabis strains available from the same licensed suppliers that the Company uses for its THC-infused beverages. This would further enable operational and marketing synergies with the Company’s THC beverages.
Greede wrote: You actually sound like a child.
pungentaroma wrote: Yeah 200,000 shares and I'm bashing the company. People like you and Greede think discussing the stock is bashing or insecurity. Here's a thought. People that can't discuss both sides are the ones with security issues in their investments.
As for Greedes comment on speculation, that's all we do here is speculate. Good or bad because none of us have enough info to go off of.
Show me signed deals with the retailers or the co-packers or the Canadian LP. Show me the workin LBF. You can't because none of it has happened, YET. All speculation.
This could go either way and Hemplify is the perfect example.It was a great tasting beverage, had numerous HUGE companies we were in Like 7-11 and Chevron but it has been shelved. If Beckett's takes off and Tinley doesn't, it could be shelved as well.
There is nothing in stone here and I'm not afraid to say it. It sounds like you guys are.
As I said earlier, if I don't start to see these things begin to show, it's speculation and I'll start to consider moving on. I've given it 3+ years and I've given this company far more leeway than any others I was involved in because I believed in the management team and the concept however, if it turns out not to start showing a finished facility producing product, co-pack deals signed, new dispensaries with great sales numbers, deals with Costco, Winco and others signed, then it will be time to take my winnings and go.
OllieTheQuant wrote: That was a really pathetic attempt at soft bashing.
"I love this company but fcuk everything about this company... but I love them"
These people are on every board. It's best to ignore them.