Post by
geodcan on Oct 02, 2022 6:18pm
Yea, why!
None of the bottlers for cannabinoids seem to be doing very well and Bev is no different. I can see somebody taking them out for the right price if they can weather the storm to get wind in the sails.
Tinley has to be aware of BEV because we are supposed to have a deal with them to bottle our rtds for some Canadian marketplace.
TNY seems to have our LB facility banging on all cylinders, although it hasn't been reflected in our shareprice.
If they could get BEV for the right price, I think it makes sense but they have to bring some motivation to be a fully functioning business or it's all for naught.
I'm not grasping what the problem is with BEV other than poor management which is a problem when you get fundraisers that like the concept of cannabinoid skus enough to invest in them with no livewire management in place to try to make a dollar. BEV is a Canadian facility with the right marketplace for Interprovincial sales if the lobbyist's get some necessary changes from the law and policy makers who have strangled the Canadian market with abstract and unreasonable possession limits that have limited sales of a lot of skus but mostly beverages to the point that I was only able to buy 5 rtd beverages at one visit at the legal government pot store in BC.
BEV seems to have the right idea to lock up value added distilling, aiming for white market sales and production but not much grasp on how to understand what the accounts are telling them, especially how much dry powder they are going to need to get everything tied together as a going concern, a profitable one.
TNY, BLAZE and BEV would logistivally make sense to serve California and Canada but this not filing necessary reports and the excuse that they don't know how to write it up is bullshyt. How about the truth.
Shareholders are far more accepting of the truth than that not good feeling that happens when you think you are being fockedaround..
Everything I see and hear about tells me that Tinley is arriving with a viable facility with its own revenue stream and our own award winning products for another stream of income.
Tinley can't keep hiding the revenue although profits may be later because of the continual expansions building out our LB facility for several styles of packaging and tripling the bottling capacity.
Fingers crossed for Blaze who I hope are able to deliver us to profitability and not just create plum jobs for a select few.
Shareholders first!
glta and dyodd