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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 Naggeron Mar 24, 2023 12:19pm
90 Views
Post# 35358817

RE:bad news

RE:bad news

The recent news release wasn't bad news from my perspective.

The Canadian Cannabis beverage market is 10x smaller than the California Cannabis beverage market, the company should focus on California and that's what they're now doing.

Tinley prematurely expanded to Canada with drinks that were overpriced. 


Management deferred their salaries, that's one of the most bullish things the company has done in a very long time, it should've happen years ago and the company wouldn't be in this mess.

In any event, with Kristen resigning, Rick G being voted down to an advisory role, and other management differing their salaries, the company may actually show a profit on upcoming financials.

Previous earnings displayed the company is operating at a profit on COGS, we may get a pleasant surprise with the increase in productivity of cannabis beverages and "unprecedented" demand for Beckett's.

It will be an interesting year surrounding this company & BLH, looking forward to see what Paul & Yanow have up their sleeves...

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