Tinley Beverage Announces First Co-Packing Agreement

The first cannabis infused beverage co-packing deal has been finally announced by Tinley Beverage Co (CSE: TNY). The company this morning announced that its first client for co-packing in California will be that of SIP Elixirs, the top selling cannabis beverage in Nevada.

The arrangement is significant, given that SIP Elixirs currently holds the top four positions in cannabis beverages within Nevada. Its products feature a high dose small format elixir that is infused with cannabis distillate and terpenes. The product is available in 50 dispensaries within Nevada, in the flavors of Watermelon, Tiki Orange, Wild Berry and Hurricane.

The products are to be produced at the firms state of the art cannabis beverage bottling facility in Long Beach, California. Further terms of the contract, such as production minimums or financial aspects of the arrangement were not disclosed.

“As the first third-party brand to be produced in our Long Beach facility, Sip represents a technologically-advanced, great-tasting beverage with an enormous consumer following. We’re confident they’ll experience the same explosive growth out of the gate in California as they have in Nevada.”

Rick Gillis, President of Tinley, Western USA

The announcement follows the news that the company expects its own products to hit Canadian shelves shortly, in both cannabis-infused and sober-curious formats.

Tinley Beverage Co last traded at $0.39 on the CSE.


FULL DISCLOSURE: Tinley Beverage is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Tinley Beverage on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Steadright To Conduct Multi-Phased Exploration At Historic Goundafa Polymetallic Mine

Goliath Resources Drills 10.72 g/t Gold Over 7.83 Metres At Surebet

Related News

Tinley Beverage Co & Stem Holdings Partner For Cannabis Beverage Distribution In California

The Tinley Beverage Co (CSE: TNY) is significantly improving its distribution in California for both...

Tuesday, May 25, 2021, 07:54:50 AM

Market Movers: Tinley Beverage Co

Tinley Beverage Co (CSE: TNY) is currently up 18% on volume of 196,048 making it...

Tuesday, March 31, 2020, 01:49:27 PM

Sober Curious: The Hot New Trend Tinley Beverage Is Ideally Positioned For

Americans are falling out of love with alcohol, and a new movement known as the...

Tuesday, November 12, 2019, 12:51:51 PM

Three Things to Know About Tinley Beverage Co

As many followers know, Tinley Beverage Co (CSE: TNY; OTCMKTS: TNYBF) is a personal favourite...

Wednesday, May 22, 2019, 06:30:15 AM

Tinley Beverage Sees Canadian Manufacturing Partner Obtain Health Canada License

There’s good news on the horizon for Tinley Beverage Co (CSE: TNY). Last night, it...

Saturday, October 10, 2020, 08:30:00 AM