Tinley Beverage Announces Second Co-Packing Arrangement
Just two days after announcing its first co-packing agreement, Tinley Beverage Co (CSE: TNY) has announced its second such agreement. The company this morning revealed that it will soon begin producing Cannabis Quencher products at its facility, one of the best-selling cannabis beverages within California.
The arrangement will see the company produce a two ounce format of the Cannabis Quencher beverage, which will contain 100mg of THC. Intended to be used as a mix for easy to make mocktails, the product is to be vegan, non-GMO, and contain no artificial sweeteners or gluten.
Three flavours of the product are to be produced by the company, enabling the company to expand its product line significantly. Financial and production details of the arrangement were not provided.
“A strong product lineup with unique cannabinoids and botanicals, combined with Cannabis Quencher’s longstanding and well-renowned brand, make for an exciting offering to consumers in California as the beverage category continues to grow. We’re looking forward to working with the CQ team and having their products in the facility’s growing family of third-party brands.”
Rick Gillis, President of Tinley, Western USA
Tinley Beverage Co last traded at $0.43 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.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.