PROGRESS & NEWS FLOWING AT AN ESCALATED PACE, HERE’S A RECENT RECAP.
AFTER A WEAK 3RD QUARTER IN TRADING, SHARE PRICE GETS MAJOR ATTENTION AFTER THE COMPLETION OF A MEGA BOTTLING PLANT!
WHAT’S IN STORE FOR 2020?
Tinley Signs with Great North Distributors for Canadian Distribution.
11-4. The Tinley Beverage Company Inc. (the “Company” or “Tinley”) is delighted to announce that it has signed an agreement with Great North Distributors, Inc. (“Great North”), Canada’s first national sales broker for legalized adult-use cannabis, to distribute Tinley’s award-winning cannabis beverages throughout Canada.
Great North will give Tinley access to its nationwide sales and distribution network, which includes experienced sales and marketing teams, established relationships with all government cannabis distribution boards, as well as coverage with Canada’s numerous private retailers. Great North applies industry-leading data analytics capabilities from the wine and spirits industry to the new cannabis industry, providing suppliers with a powerful data-driven approach to cannabis sales.
Interview: Tinley Beverage (TNY.CN, TNYBF) West Coast President Rick Gillis.
11-2. The Tinley Beverage Company (CSE:TNY – OTC:TNYBF) President, Western U.S. Region Rick Gillis sat down with Steve Darling from Proactive Vancouver at the MJ Micro Conference to discuss the company to help consumers enjoy cannabis in familiar, classic beverages. Gillis talks about the types of products they have and the problem they had to overcome in order to get products on the shelves.
12 Million Bottling Plant Completed. Updating Coverage on Tinley (TNY, TNYBF) Beverage.
10-24. In early September, after three years of quietly assembling one of the most powerful and experienced teams of beverage industry experts in the country, Tinley announced it completed it’s highly awaited and desperately needed THC bottling facility just south of Los Angeles.
The Tinley team is now setting their sites on being among the first to help 100’s of new cannabis start-up brands – get bottled and launched over the next 30 years and Tinley is off to a great start.
Tinley Beverage Lands Number One Specialty Beverage Retailer on the West Coast.
10-22. The Tinley Beverage Company Inc. (the “Company” or “Tinley”) is delighted to announce that BevMo!, one of the most prominent liquor retailers in California, will now carry cannabis-free versions of the Company’s beverages in California, Arizona and Washington. These products are expected to be shipped prior to the December holiday season.
This new expansion to mainstream retail gives Tinley an opportunity to apply its formulations and designs across the $550 billion nation-wide, mainstream beverage market, enabling significant additional opportunity beyond the Company’s rapidly-growing cannabis revenue.
Tinley Completes State-of-the-Art Cannabis Beverage Bottling Facility.
8-29. The Tinley Beverage Company Inc. (the “Company” or “Tinley”) is pleased to announce that it has completed the buildout of its Phase 3 permanent facility in Long Beach, California.
The state-of-the-art facility is purpose-built for formulation, batching and co-packing of a variety of cannabis-infused beverages, as well as for the provision of branding, regulatory and beverage-specific DSD distribution-related services. The facility will also be used to produce the Company’s own Tinley-branded products, which began shipping to distributors from a phase 2 manufacturing facility in late Q2 2019.
Tinley (TNY.CN, TNYBF.US) Completes Planned Shipments and Provides Operational Update.
8-19. The Company has confirmed that the manufacturer of the Tinley-branded products (“Manufacturer”) shipped more than $200,000 of products to distributors’ facilities in June and July, plus additional amounts for sales and marketing samples. This quantity of inventory, which represents all five of the Company’s products, was shipped based on the quantity of products requested by various distributors.
The Company is conducting the buildout of a state of the art, purpose-built bottling facility under local authorization, which has been successfully granted by the City of Long Beach. The Company is pleased to be progressing through its licensing process as, and in certain respects, faster than expected. However, as previously disclosed, the process is still projected to extend somewhat beyond the completion of the buildout. This completion of the buildout is now anticipated in the coming weeks and, as a result, the date of the final commissioning of this facility is not impacted by elements of the buildout that remain in progress.
4th Quarter Presentation (early November)
Client, see reports for full disclaimer and disclosure details.
Forward-Looking Statements
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
The above contains or refers to forward-looking information and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law.
Products, formulations and timelines outlined herein are subject to change at any time. All figures CAD unless otherwise indicated.
