Buzz on the bullboardsIt's hard to believe that we are holding #4 position on the buzzboard given that there are only a couple of posters posting anything of interest to Tinley or potpreneurs in general.
It is true that my sentiment has changed over the years, almost to the point of Tinley couldn't do this badly on the sentiment scale without effort!
My sense is that our LB plant should be at the money making stage but our team skirting around providing any numbers has me frustrated. I do see some photographic proof that we are co-bottling and been led to believe that we are even cranking out our own line of skus but don't have good info of whether they are a success with the consumers.
No production numbers to project out and guesstimate how well we are doing but surely we should have some co-bottling revenue, paid upfront, rolling in, but is it enough to show a profit. If we are an Italian sports car bottling line like we've been told, how come we are losing co-bottling deals. I beleived that our line should be going 24/7 at max capacity and that raises the question of whether we built our overcapacity large enough. Apparently not enough for Pabst, another co-bottler that has built their own larger facility to be competiton with Tinley and it was done in record time, I read.
It's going to take some numbers and some clarity about the Blaze deal. No numbers and the cloud hanging over the Blaze deal, where it seems to me that our team has put up controlling interest in Tinley with disregard to shareholders who should get a vote on it if they can grab up 50.1% of the outstanding shares.
It is good to know that we have players interested in us but this is a publicly traded company and that move rankles of it being a private company where management can do whatever they want.
There's no doubt in my mind that we need some invigorated help to get our Tinley's on shelves in California and get more skus on shelves in Canada.
I am also concerned that we can generate enough revenue to pay more than overhead, wages and golden benefits. Capitalizing on our award winning skus is the variable that will take us beyond just being a co-bottler with revenue capped at the 55c per unit revenue to some profit margins expected of award winning skus. I guess there will be some revenue from Canada too but our costs have to be more than what we can crank out our own products for.
Beverages and Pharmaceuticals have traditionally been big money generators and jmho but I would really like to see some potpreneurs strive to prove to the Pharma level, some of the health benefits that consumers are claiming and consuming cannabinoid products for. The couple that have gone the distance are related to the Charlotte's Web for
seizures and that solidified their shareprice and some of it made its way to original shareholders.
Consumers using our products for health reasons suggests to me that this should be the bread and butter, at least for now until the lobbyists get our way with lawmakers to allow our cannabinoid products in bars and lounges and the fear factor that got big players like the beer companies, Constellation Brands plays out and proves that their positioning for this event to save market share is real.
So many options for some of the players to build value from health options, ailment treatment, energy products and somebody for sure should be working on the diet option, which is a real thing, by the way.
Spec money is pretty cheap right now and could save some of these soon to be defunct potpreneurs that sign up money raisers that can sell the idea.
Let's see if we get the CSE monthly report and what it brings today. Hopefully more than a cut and paste.
glta and dyodd