Today's video was the most detailed walk-through of a cannabis beverage facility I've seen to date anywhere online.
A lot of publicly-traded companies, in general, don't provide so much description about each bottling line and the licensing regulatory process. It could have been a lot more professional than Instagram live, but it was overly transparent and informative on multiple levels.
I liked the video overall. The Lakewood acquisition is in the process of being completed and should be finalized this month, no funny business. Tinley's cannabis beverages will be in Canada next year, with no specific date as usual.
The additional capacity for the mini line will be completed and installed over the upcoming several months, the current mini-line is at max capacity, Tinley needs a capacity of around 100 to 120 bottles per minute, and the upgrades will fulfill that need.
All upgrades are due to co-packing demands.
There's a lot of raw material for their current clients and new clients displayed, upcoming revenues can't get any worse than this quarter, too bad there wasn't much of an explanation on this topic.
The canning line and pasteurizer are weeks away from being completely operational, simply waiting for a few pieces of labeling equipment which is on the way to the facility.
