10 thumbs up ScotiabotI was going to make mention of the Aphria Sweetwater deal. 300 million dollars for a beer bottler plant makes me wonder what our state of the art infused highspeed facility is worth. 300 million dollars?! That alone would put us at $3 a share, nevermind the IP, recipes, dynamite company building team. Somebody said it was nice to see some major players start to enter the infused beverage market. Some people have bad memories or short memories. Constellation Brands STZ plunked down $4.5 million to be a part of Canopy Growth who have eyes on the US market and high hopes for beverages to be a major part of their turnaround story.
Tinley is just starting to hit their stride in California, forging ahead, dealing with whatever is tripping us up. Keep in mind that the Becketts is a gift horse, recognized as such by our super management who built it and are making it happen. Our co-bottler for the Becketts is obviously able to meet our demands, for now! Rapid influx of these Becketts look alikes to our Tinleys is genius to circumvent advertising rules for our Tinleys, not to mention the 2 for 1 budgetting for 1 product line that is going to benefit both, as long as we can get away with it.
So Canopy is hard at it, moving into the US with Branded products with branding rights through Acreage Holdings and have shown their intentions for beverages which are hugely successful in Canada. Acreage is also the company that Canopy has set themselves up to amalgamate with when their is no downside for Canopy to enter the US marketplace. They are doing this already with branding deals through Acreage which seems to be keeping the Feds heavy hands at bay.
Canopy rushed to get their beverages to market and it shows. And yet, they are rippin' off shelves, for the novelty I guess because there is a lot of room for improvement in flavour and effect.
Tinley spent a lot of time and budget to produce award winning beverages of quality and taste that has the eyes of a lot of investors although our team is full pedigree in beverages and totally capable of building a lot more value than we are currently getting in our shareprice.
Continual additions of new retailers for both lines of products, full commissioning of our own facility and International expansion happening in Canada. My guess is that Tinley's 100 million shares would grab $300 million easily for the bottling facility alone which would put us at $3 per share, so what kind of value will we get when we are really recognized by the market. The only thing missing from fundamental valuations right now is profits, but I sense that they are going to be coming and coming strong or maybe an amorous suitor is waiting with a fist full of cash for a dowery for the proud parents.
Oh, the possibilities! glta and dyodd