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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 sneakysneakyon Nov 29, 2022 2:06pm
306 Views
Post# 35137342

Tinley's making their own CBD beverages in upcoming quarters

Tinley's making their own CBD beverages in upcoming quartersIn the CBD Beverages section of the MD&A there is new wording to suggest the company is making new drinks, finally! Hopefully, these drinks are 100mg because that's where the $$$ is at in California.
2021 cannabis bev sales in pic below.





CBD Beverages,
Lakewood is currently producing beverages containing cannabis-derived CBD, CBN, and CBG for third-party brands, and the Company does not presently add cannabis-derived CBD to its own cannabis-infused beverages. For both the US and Canadian infused markets, the company will consider multiple dose strengths and cannabinoid combinations as permitted by each jurisdiction for new product development and reformulation for 2023.

Also, from the MD&A, it looks like Beckett's IP is going to be licensed, hopefully, to an alcohol beverage manufacturer!



Total Wine & More intends to feature the 8-product program on in-store end-cap displays as part of its ‘Dry January’ in-store merchandising and promotion initiatives planned for January 2023. The Company is in discussion with additional retailers in the US. The Company’s strategic review of Beckett’s aimed to accelerate the realization of value from Beckett’s Tonics® and Beckett’s ’27® brand assets in the US and Canada without requiring additional investment. Strategic options for expansion in the US and Canada include pursuing additional retail programs against purchase orders and exploring licensing of the Beckett’s IP.

Q3 2022 is the best quarter yet in terms of revenue for Tinley's.
The company has surpassed last year's revenues in 3 quarters.
Nearly 100% QoQ growth.





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