Nothing speaks louder than moneyand now that we are finally pulling things together, we could see plenty of it. I believe that the co-packing will bring in revenue quicker than profit from our own line of products.
You are choosing to look at thg glass as half empty while I choose to look at it as half full.
Yes, there are delays but others are facing the same hurdles that we are. Tinley's and Beckett's are on shelves in California. Beckett's is also on shelves in Tennessee and Canada.
My guess is that whatever the problems are that are causing the delays, they are being dealt with by our team.
I remember one interview where Rick expected positive cash flow as imminent. First we have to pave the way for our products to make it to consumers through retailers. Retailers are famous for 90-120 days worth of foot dragging as being normal, so when I said it will take a few quarters of revenue to get a proper read on what is going on, that is pretty realistic in my books.
Planet 13 is THE Superstore of pot and launching with the same effort in California as they put into Vegas and they need beverages and the word is out that Tinley's is going to one line of skus.
Tinley's has great revues, nice packaging and a couple of awards which some of the biggies don't have. As a matter of fact they don't even have their thc infused beverages on shelves in California yet.
Competition is queing up with a lot of intention and they are probably watching closely to see what Tinley is doing to satisfy all of the regulations, inspections and licensing. Every step of the way requires all of the above and probably our co-packers too.
Over-regulation and erring on the side of safety seems to be the approach that law and policy makers are taking.
Send your concerns to your political representative. It can't hurt!
glta and dyodd