The Tinley Beverage Co. Inc. (OTCMKTS:TNYBF) has announced the continued growth of its product distribution, notably through the expanded retail dispensary listing in Alberta, distributor onboarding in Todd Chrisley in Tennessee, and more requests for its cannabis products by provincial buyers in Canada.
Tinley’s receives commitments and listings in Albert
According to the company’s local agents report, Beckett’s non-alcoholic spirits and ready-to-consumer cocktails have received commitments and listings at almost 30 retailers across Alberta. This includes listings in Sobeys Liquor Alcanna chains, the largest retailer in Alberta, and Co-Op Liquor. Already several accounts have reordered and, in some instances, a week after initial listings. A premium Toronto grocery chain has also committed listing, which represents its foray into the Ontario market.
Also, the company received requests for a cannabis-infused version of Tinley’s ’27™ products from buyers in two provinces. Peak Processing Solutions is producing the products, and the company is expected to offer updates as manufacturing goes on. Tinley’s will continue expanding listings for Tinley’s 27™ and Tinley’s™ Tonic across California retail stores and licensed home deliveries. Most importantly, Tinley’s™ line has been picked to be the initial beverage feature at the “High Times” dispensary in Oakland, California.
Tinley’s to onboard with Tennessee distributor
Tinley’s has finalized onboarding and is in discussions to complete an agreement with leading wine and spirits distributor in Tennessee. The distributor will carry the company’s Beckett’s ‘27™ and Beckett’s™ Tonics products in Tennessee. The state is the home market for Tinley’s main influencer Todd Chrisley who has been working with the company in conducting local market activation and appearances in stores and restaurants.
The company recently completed a private non-brokered placement raising $850,000 in gross proceeds from the sale of 2,125,000 units at $0.4. Each unit comprises a share and shares purchase warrant exercisable at $0.5 for 36 months from the date of issuance.
Also, the company has announced a first reorder for co-packaging services that it will complete in the coming week. Tinley’s has a production run for seven ore SKU’s for third parties.
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