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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

Comment by cosinus180on May 03, 2022 7:39pm
148 Views
Post# 34653228

RE:Consolidated Financial Statements

RE:Consolidated Financial StatementsMaterial Uncertainty Related to Going Concern We draw attention to Note 2(b) to the consolidated financial statements, which indicates that during the year ended December 31, 2020, the Company incurred a net loss of $8,549,883 and had negative cash flows from operations of $5,259,476 and its continued existence is dependent on its ability to obtain additional financing. As stated in Note 2(b), these events or conditions indicate that a material uncertainty exists that may cast significant doubt on the Companys ability to continue as a going concern.
weedaholic wrote: https://sedar-filings-backup.thecse.com/00022159/2205031506063953.pdf?fbclid=IwAR32VU1p2O6Tk5du6Ui4Wt07bhA3FUVErBdTdAxmEH_QKfNKfv2rqzQyf4I


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