The Tinley Beverage Company (TNY) is launching its products at the Harborside dispensaries, one of California’s oldest and most prominent dispensary chains.
Harborside is a vertically integrated California-focused licensed cannabis business with retail locations in Oakland, San Jose, San Leandro, and Desert Hot Springs. Tinley’s products are expected to launch in all four locations over the next 1-2 weeks.
With this announcement, Tinley’s cannabis-infused products are now available in two of Northern California’s highest-volume retail groups. The company is working with these groups on structured, system-wide marketing initiatives to drive both in-store and online sales.
Tinley’s is also expanding its Beckett’s line of non-alcoholic spirits and cocktails in Tennessee with Lipman Brothers, the state’s oldest wine and spirits distributor. Beckett’s is also available at two stores in Toronto and at several retail locations in Alberta.
In addition to expanding retail opportunities, The Tinley Beverage Company plans to increase its production capacity at the Long Beach manufacturing facility for third-party beverages.
“It’s exciting to see our bottling equipment operating so frequently,” said Rick Gillis, president of Tinley Western USA. “After a lengthy buildout, we are delighted to be attracting such a high caliber of third-party brands, and their sell through is proving to be strong.”
“Together with the placement of our infused products in large dispensary chains and our non-infused products in an increasing number of states and provinces,” he added, “we’re beyond excited to at long last see the Tinley vision come to life.”
With increased capacity utilization and expanded distribution for the company’s own branded products, the company’s revenue is increasingly becoming diversified across its three business lines: Third-party cannabis beverage manufacturing, Tinley’s infused beverages, and Beckett’s non-infused beverages.
The Tinley Beverage Company is a Canadian beverage company that manufactures a line of liquor-inspired, non-alcoholic, cannabis-infused beverages.
The Tinley Beverage Company Inc. (TNY) is up 1.32 per cent on the day, trading at $0.385 per share as of 11:04 am ET.