|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.3389 - 0.3500|
|52 Week Range||0.1183 - 0.5461|
|Beta (5Y Monthly)||0.14|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Tinley Beverage Company Inc. (“Tinley” or the “Company”) is delighted to announce that its bottling facility in Long Beach, California is now licensed for cannabis manufacturing by the State of California. The Company expects to take initial deliveries of cannabis-infused emulsions as early as next week. The Company’s 20,000 square foot bottling facility’s Type N Cannabis Manufacturing License provides for the production and packaging of all forms of cannabis-infused products including topicals, edibles and beverages.
The Tinley Beverage Company Inc. (“Tinley” or the “Company”) is pleased to announce that its Phase 3 bottling facility in Long Beach, California has passed all remaining municipal inspections. The facility has received a provisional cannabis manufacturing license from the State of California, and the Company expects production in the facility to begin in mid-July. The Company’s 20,000 square foot bottling facility has successfully passed the City of Long Beach’s electrical, plumbing, health, mechanical, fire, building final and cannabis manufacturing inspections.
The Tinley Beverage Company Inc. (“Tinley” or the “Company”) is pleased to announce the release of its financial and operating results for the fourth quarter and fiscal year ended December 31, 2019, and provide revenue guidance on the 3-month period ended March 31, 2020 (“Q1/2020”). Tinley’s flagship bottling facility in Long Beach, California represented the majority of the Company’s expenditures in fiscal 2019 as well as the installation of a Phase 2 bottling line, which is now slated for installation in an expansion territory outside California, and the addition of transportation vehicles to support marketing and distribution of its products in California.