NedStark wrote: Taken by another shareholder in the Facebook group:
Pabst was the national brand that Jeff spoke about.
Additionally, because Pabst announced it is working with Tinley, it has brought interest from another national brand that has decided to speed up its process with Tinley because Pabst announcement came out.
“It has led to another one that is now down the path and moving faster because the Pabst announcement created some urgency for them”
So you can see how hush hush the Business is and why a lot of info we want is held back for very Important reasons.
And Pabst is a big big big deal in terms of significance.
“big deals like this lead to more big deals. It gives us credibility and therefore attracts additional large companies. They also feel the need to catch up when they see their competitors entering the space”
- one copack client is on its third run
- co pack fees most are paid up front and rest BEFORE product leaves facility
- Beckett’s in On and Bc soon once a distributor is worked out. Not easy. Product ready to go just need distribution. They already have the sales just need the dist . The one off in Toronto is ready, doesn’t need a dist. Likely next week.
- Beckett’s will go heavy in TN and yes Costco. Todd will likely be there as well to help push and Jeff said they were told it will fly off shelves wTodds face and cut out there even.
- Disp counts for Tinleys not important. It’s size of order / client. Rather work with larger stores with big orders rather than multiple mil and pops. Too much lost time and effor for small orders. Some of the best selling beverage are in a handful of large disp. Not every disp. Home delivery is where it’s at.
MARS hasn’t moved into the facility yet but is handling dist and doing a great job focusing on important larger clients and chains.
- phase 2 equip not doin anything. They are to busy with Canada / Beckett’s / co pack etc.
Actually thought of moving it to Canada, had interest from a few lps, a few large known, but costs would be high and regulations stifling.
Also have some lisc companies in other states that want the equipment. Again a lot of legwork and need to focus on current business.
- very nice quote “We have some of the MSO's in our co-packing pipeline, “
Was brought up in terms of big beverage taking a stake. Said they are sniffing but unlikely as regulations still uncertain.
- “Signing big deals like Pabst catapults startups in to the big leagues”