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

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Recommended

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Related News

Tinley Expands California Distribution, Sees Strong Demand For Co-Packing

The Tinley Beverage Company (CSE: TNY) this morning released a corporate update. Chief among the...

Monday, May 31, 2021, 07:58:47 AM

Tinley Beverage Expands To Texas, Louisiana With Beckett’s Brand

Tinley Beverage Co (CSE: TNY) is expanding the distribution of its low no alcohol category...

Thursday, December 10, 2020, 02:27:21 PM

Tinley Sees Significant Distribution Expansion Into Two National Retailers

Tinley Beverage Co (CSE: TNY) announced a number of distribution developments this morning, with the...

Monday, December 2, 2019, 08:59:14 AM

Tinley Beverage Signs Distribution Agreement with Great North Distributors

Tinley Beverage Co (CSE: TNY) announced after the bell today that it has signed with...

Monday, November 4, 2019, 04:45:55 PM

Tinley’s Announces Co-Pack Deal With Pabst For Infused Not Your Father’s Root Beer

The Tinley Beverage Co (CSE: TNY) this morning had a major announcement in that it...

Monday, May 3, 2021, 12:43:13 PM