RE:RE:RE:RE:RE:RE:RE:RE:Posted on FB - worth reading!Planetoflimes wrote:
tinley has debt, as they have a loan from Rick which is debt
Yes that $600k is debt but it is also a vote of confidence from the CEO, not to mention skin in the game.
Pharma and beverages show big turnover and big margins. Tinley's could be both as pharma benefits are gaining attention from cannabinoids.
I believe that CBD could be the bread and butter of the cannabinoid biz and thc the gravy.
I would like to see TNY resurect the cbd beverage with a better id than Hemplify made from hemp stalk oil. Easy sub to cbd from thc and I think cbd will do better than Becketts.
Lots of options for change when you are a formulator and bottler to chase more profitable skus.
Now we need sales and the ability to fulfill those sales in a timely fashion.
I also wanna see us running Tinley's full time from our LB plant in all the forms we are capable of. I'm not buying that co-bottling is going to be more profitable than selling our own brands! It is a good pastime while we build our market out!