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Tinley Beverage (C.TNY) finishes first commercial bottle run in California

Stockhouse Editorial
2 Comments| June 17, 2016

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Tinley Beverage Company (CSE: TNY, Forum) reached a significant milestone and enhanced its exposure to the marketplace when the company announced today that it had completed its first commercial bottle run in California and was also looking forward to offering these products at various venues related to the Electric Daisy Carnival (EDC) in Las Vegas, scheduled to take place June 17-19, 2016.

According to the news release, the EDC is a three-day festival featuring electronic dance music which is attended by over 100,000 people every year.

Tinley’s products will be offered in various venues related to the event including at a vendor marketplace at the LINQ Hotel, one of the key transportation gateways to the festival. These products will also be available at the “Peerless Rampage” event, attended exclusively by the event’s performers, industry members and the media.

These activations will represent the first public sales of Tinley’s flagship Hemplify product and will also act as high-profile channels for sampling.

Company CEO, Jeff Maser, commented, “The completion of our first commercial bottling run represents another key milestone for the company, and we're excited to begin immediate activation at EDC. Music festivals and other special events represent key components of our revenue-generation and marketing strategies. We are planning to activate at several such events through the summer and fall.”

Hemplify is a line of fruit-flavoured, sugar-free, vegan, drinkable supplements that contain hemp extract including terpenes and other hemp stalk constituents.

Tinley Beverage Company was in the news recently when the Toronto-based company announced yesterday that it had made both board and management changes.

Shares were up 7.14% to $0.07 per share.

Currently there are 42.33m outstanding shares with a market cap of $2.96 million.

FULL DISCLOSURE: Tinley Beverage Company is a Stockhouse Publishing client.


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