RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Less taxes, important when attracting co-packing clientsI'm not doing all your homework, too much copy and paste involved, and I'm not your friend or financial advisor, in your own words, Planetoflimes wrote:
I never really thought too much past the lower production cost for Tinley products thanks to the recent change in tax until I glanced over the email to shareholders from today. "We're working to add store listings on the heels of these wins, and continue to be positioned for production in our new Long Beach facility early in the new year. The enhanced production capabilities of this facility, coupled with the new, lower taxes(now among the lowest in the state), will enable us to consummate additional co-packing deals and drive volume of our own products." Mainly looking at the last sentence. What advantage to have a company thank can co-package products at a significantly discount compared to other geographical areas. This change alone should create deals with companies looking to stay competitive.
Baron is either an opp working for Cann & GTII looking to sabotage Tinley and pull off an RTO or hostile takeover, or, they're co-packers in NDA discussions, my assumption.
Tinley won't have 200k in revenues on a going forward basis forever, possibly never again, the market is supposed to be forward looking, not only backwards.
There has already been a political shift not only in the U.S but neighbors Canada and Mexico, plus numerous other countries, kick rocks with your reefer madness!
You'll be the last to know, if you're buying I'm selling, hahaha! jkjk.
Are you really going to hate on someone who got the company on bnn multiple times, who does that? You're salty like a bag of chips, hehe!
In your own words again so eloquently, Planetoflimes wrote:
The low tax rate makes Tinley very competitive and extremely glad a tax rate reduction was voted in. It was a very tight vote but glad their was some forward thinking individuals that voted in favor of a reduced rate, and thankful of the time members of the community that made statements to council prior to the vote. Believe Tinley was one of facility tours given, I think anyway.