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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

Post by BurlapSackon Jul 30, 2021 10:25pm
122 Views
Post# 33636476

Down 40% Since End of May

Down 40% Since End of MayThe sell-off started after the latest earnings. Some have speculated that this is because they have made zero sales in 5 years and nothing since they licensed their facility last July. Some have said that it's due to JM being an incompetent executive and liar. Others have pointed out that no one is buying any drinks except for Keef (Bev), Cann (Baron Davis favourite investment), and Uncle Arnies (spacestation). Another theory is that they finally disclosed that Rick owns the license and isn't going to sell it to Tinley, and even if he does, the state and local governments won't let them transfer it to them. Even others have said that the next earnings are going to be even worse than the last ones. It's impossible to know exactly why no one wants to own this company anymore, but we are now in a perfect storm where all these factors working together could potentially drag this stock to zero. I think the only way out of this situation is to fire JM and bring in someone with actual beverage experience.
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