long time shareholderwho has watched the progress and regress that Tinley has made along the way to get us here.
Here is, a lot more than it was back in the early days with Hemplify.
We switched direction for thc infused and back burnered our Hemplify made from stalk oil.
Got some recognition by way of awards for Tinley's.
Since the good old $2 Hemplify days we have 7 or 8 skus, a state of the art bottling facility, some management changes and new blood and we have Blaze throwing up some financing to be a part of us.
We also have options to do work arounds with our beverage options to add cbd or some of the new exotice cbdg or thc9 and such that are just starting to get some interest. Also the option of adding alcohol to see if we can compete in that market.
Smokeabe shyt is losing ground to beverage options and thc is an alternative vice that they have working with rapid onset and offset so you can imbibe thc in the same time frame as the more familiar alcohol offerings.
There is a huge line forming behind Tinley and they are formidable, mostly beer and alcohol producers that are concerned about what is in the wind for some of their marektshare that thc and cbd are going to cannibalize.
Pabst Labs signed up to do some bottling with us and because of our delays went ahead and built their own facility but with bigger capacity than Tinley because they didn't feel that Tinley's was big enough to handle their volume and they built overcapacity into it despite an awful lot of bottling facilities that have set up and are struggling like BEV, MLCL, FIT, FLOW and CNTR..
I beleive that Tinley has arrived at being what we intended and it is our real start, not all of the false starts that have delayed us.
We have had lots of bad business partner decisions and I daresay that we didn't think big enough in the first place.
Beverages are going to be the more popular choice over smokeables but need a level playing field with beverage alcohol. We also need to be legally served in the same venues before we will hit our stride.
That is not to say that dispensaries and potshops cant help us build volume for our award winning Tinleys.
Commonsense tells me that it makes sense for pot and alcohol to be sold out of the same venue, manned with capable people that can do id checks and keep it out of the hands of the kids.
SAFE is a step in the right direction that may be all it takes for the other commonsense laws that have been presented to congress to be adressed at the same time to come up with one glorious pot legalization effort for the US that is universal, same rules for all States and Interstate commerce.
Voters and consumers have already given enough opion and advice to politicians who have already come up with enough bills. What they need to do now is listen to the lobbyists for the marijuana and hemp business and roll all of the good points into one workable bill that makes everybody happy, plus politicians can live up to a politica promise.
Banking might be enough although US investors figured out a way to be listed on the CSE or other Canadian exchanges but now are makig their way to the Nasdaq and OTC and US investors weren't shy about buying shares in pot companies, despite the legality of it. I guess they relied on the State law protection for all of their purchases of pot stocks just like the US MSOs.
One serious Canadian LP has fired a shot across the bow of the US politicians, like ringing the doorbell even though they are already well set up to do business on US soil.
Get ready to welcome Canopy Growth to the US marketplace with thc and cbd skus among others.
Acreage Holdings is in the crosshairs for Canopy's choice of MSO and under our big, rich brother Constellation Brand STZ are going to vye for number one player in the world.
glta and dyodd