RE:RE:Right where I figured we were headed. Management takes care of itself first and foremost!
Tinley is now a simple company involved in formulating, having skus manufactured and delivered and SALES.
Now is the time for the big gun Rick to do his magic with sales instead of concentrating his efforts on getting the bottling line to run and produce.
I don't see Teddy doing this!
And the part time CEO doesn't bode well for me either!
Tinley took on too much and made mistakes along the way. They got in a race between revenue and debt and the switch from cbd to thc should have been an addition of THC to CBD manufacture instead of a switch.
Now it seems that we lucked out with the Delta 9 (legal loophole) progression/invention that circumvents the crossing State lines issue, for now even while there is a strong lobby to make this illegal.
Tinley might be too late on the Delta 9 launch as our co-bottlers seemed to beat us out of the chocks.
A proper National legalization effort that writes into law that THC and Delta 9 should have access to the same rules as every other business in the US including InterState commerce and banking is elusive to the point of being a broken political promise.
Delta 9 that crosses State lines is an endrun that the do-gooders are working on closing out and that makes producing and distributing these skus more of a liability when they have to go to the trash barrel instead of the cashier.
US legalization is elusive because of the black market involvement for the US.
They seem to be taking the safe way out of letting legalization happen one State at a time instead of doing the work to get a Federal Act to aid and assist and conjoin the individual State laws that are all different and restrictive to a real launch.
It seems that US politicians are willing to sacrifice the greenrush potential by doing a Federal legalization of THC and other cannabinoids by letting this happen one State at a time.
glta and dyodd