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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 Bmclavon Aug 12, 2020 3:17pm
236 Views
Post# 31399653

RE:RE:Shorts are killing us.

RE:RE:Shorts are killing us.

Thanks for that fib . 


I was rereading the release from June 26th and wanted to add to the group that in fairness to Tinley they specifically said they expect to start realizing copacking services "soon after" they finish the initial production run of their own carbonated drinks (daisy, HH, etc), which we know would come after they produce the 27' still drinks.


Timeline wise, they expected first delivery of cannabis 2nd week of July. So assuming they received that delivery and began their 1 month long process of commissioning the line, that would take from the 2nd week of July to the 2nd week of August (which we are in now). Judging by this they should be wrapping up commissioning of the line this week. 


They stated multiple times they will first produce the still drinks (27's) , then they'll produce the carbonated single serves, then after those production runs they'll begin copacking. So assuming they killed two birds with one stone and produced the 27's the first two weeks followed by the single serves the last two weeks of commissioning, or something like that, which Jeff mentioned could be done, they should just now be stocked up with their full lineup of drinks ready to be shipped out. 


Thus, my point in all this is judging by the release on the 26th of June they actually aren't late on any copacking news as they stated they will copack after the initial bottling runs which likely are just being wrapped up this week as commissioning is a month long process. They obviously aren't publicizing the copacking deals until they are litterally producing the first copacking clients drinks on the new bottling lines that day , which the lines should be just finishing up production of our own lineup this week. Thus we still could be a week or weeks away from copacking news depending if they are fully done their own bottling runs yet and so far tinley is right on schedule. It's the investors own fault for expecting to hear copacking news earlier than that as this was the timeline given if reading between the lines.


Tinley has also stated they don't put out releases until the agreement is 100% complete and I'm sure they told their partners they will sign the agreement once they finish their own bottling runs and get stocked up themselves first. The release won't be "we are planning on copacking for so and so after we complete our initial bottling runs" it'll be "we are delighted to announce we have begun copacking for so and so effective immediately as we have now completed full commissioning and our initial bottling runs". 


I was growing a bit impatient myself but after reading back over some of the past releases I can't fault tinley for not having begun, or not having disclosed copacking news as they are focusing on their own bottling runs first and they don't announce things until they are being fully realized.


The thing that has thrown everyone off is the financing, and the fact it still hasn't "officially" closed yet. And I do hope it could be a result of a blackout. I do think the financing has taken a while to close and I think that's what's causing a lot of angst. 

In the grand scheme it's best TNY gets their own products out to market again first and foremost, and then begins to consummate their copacking arrangements, which is basically exactly what they said they would do and likely exactly where they are in the timeline. 


GLTA 

Bullboard Posts