Post by
geodcan on Aug 23, 2024 4:39pm
TNY announced their ability to raise more funds
which is only a good thing in my mind if they have a serious revenue growing plan for those extra funds.
Most all of the pot companies have overspent those investment dollars which has resulted in too many players and too much supply.
Cannabinoid infused beverage sku manufacturers are a great plan that requires serious changes to get us to a more level playing field with beverage alcohol, most specifically soft alcohol like beer and coolers.
General consencus is that there is money to be made as consumers are looking to healthier alternatives to alcohol but policy makers have to open the doors to encourage this to happen, specifically, alcohol serving wateringholes to have cannabinoid infused on their menues.
Soft alcohol has already studied on their replacing their offerings with cannabinoids and want to be a part of it but seem to be waiting for someone else to lobby and pay for the legislative changes that need to happen to give the healthier alternative a chance.
Tinley was timely, initially to help to launch this new vice market but it is complicated because of the pharmaceutical potential as well as a buzz factor option and the fact that the industry has come up with new ways to introduce psychoactive substances by loopholing through an agricultural act to come up with Delta 9 which is legal by them strengthening the factors that cause the buzz effect.
Also the pharma use needs to be properly studied on to get proper traction and acceptance by all concerned.
The scientific faction of the industry stepped up to solve some of the problems of this type of sku but is in direct competition with soft alcohol which has huge history and laws and regulations that support their sales.
Consumers will force the issue and we are moving one state at at time towards consolidating the efforts and profit potential but those pieces need to fall in place as well as a serious rightsizing of players and supply.
Tinley launched fairly successfully but seemed to be afraid of their own success and also lost first strike potential while the industry fumbled how we need to go about launching this.
The health plusses of cannabinoids over alcohol are irrefutable and deserve some leeway with lawmakers for a fair chance at becoming mainstream options for health conscious consumers looking for a better option.
Less calories and sugar have a serious place in the market for diabetics and overweight people and there is also a growing consumer base that have self determined healthful benefits by consuming cannabinoids.
Tinley ran itself into the ground and Blaze seized the advantage.\
Not sure if our leaned out model will recapture value for original shareholders. The way I see it, all we have left is some unproven product lines that won awards in our history.
If we can recruit a pied piper to get us on shelves and in favour with consumers while generating a profit then, maybe, original shareholders could be made whole.
Raising a bunch of funds costs finders fees and such and tends to make its way into preferred shareholder and lenders pockets.
Being able to raise those funds is a plus but only if applied smartly towards growing revenue, profits and marketshare.
glta and dyodd