one good product can make a company,,,,,, in the right hands.
I am actually amazed that Tinley has survived this long and even more-so with Teddy being able to pull that financial together in such a short period of time.
I am sitting on a couple of halted, suspended or delisted stocks (all pot related) that there is just zero effort to file the missing reports.
Personally, this is business 101 to file the necessary reports on time to keep your stock trading and those that drop the ball should be subject to having an ombudsman/accountant type to take the reigns and make it happen!
Blowing off shareholder's inquiries and concerns is what privately run company management does, same with witholding reports and info about finances and revenues.
Sadly, I believe that 95% of the pot hopefuls are going to fail and the survivors will pick up the spoils, or not.
Tinley's is on the hook with Blaze for that last cash injection, but we should be close to announcing revenue for all of that co-bottling we are doing????, I think!
The Blaze default deal looks like Blaze winds up with the bottling line, eventually and the revenues that come with, which leaves us with a couple of unproven brands and recipes, maybe some IP and IT but the Coconut Cask being in the top 10 gives me hope for that one magic product.
Interestingly, I don't see much promotion for our winning product sku and we are just like the biggies hoping for changes to the legality and State transfer laws for cannabinoids, except our cash flow is more dear to us than to give some political donations as lobbyists to have our way.
The LPs and MSOs can probably cut out some promotion donations to move legalization and commonsense rules along for the success of the new vice beverages.
The future of cannabinoids is so bright and so politically convoluted, for what reason, I am not sure but maybe private financiers haven't had enough time to place their bets or fear from the Cartels for appointees to get it right at the Federal level.
Safer for them to let this happen one State at a time, and they are available in legal States if the manufacturer can get them on shelves.
I would tell Teddy that we should run with the best product we've got and I don't see any reason for a name change right now, which is a cost we don't need, unless the concensus is that Tinley's brand has a hex on it, which makes me wonder how badly tainted the Beckett's is with all of them in jail or wherever they faded off to.