Tinley Beverage Enters White Label Agreement With Bevcanna For Canadian Market

It looks like Tinley Beverage Co (CSE: TNY) might finally see its products hit Canadian shelves. The firm this morning announced that it has signed with BevCanna Enterprises (CSE: BEV) for the white label production of its Tinley’s Tonics cannabis beverages.

Tinley Beverage Company's Logo

Under the arrangement, the company will see its Tinley’s Tonics products sold under the Tinley’s Classics banners, a result of slight changes to formulations to better suite Canadian regulations and consumer tastes. Products to be produced under the arrangement include Stone Daisy, Moscow Mule, Mystic Dove and Juniper Sky, all of which are based on beverage alcohol flavour profiles.

The white label arrangement will see Tinley commit to annual minimum order quantities, with commercial production of the beverages to be underway shortly, and simultaneous to the 60-day NNCP required following certain formulation changes. Once produced, the products are to be marketed via Great North Distribution, whom has reach across every province in the country.

In addition to Tinley’s Tonics, the company provided an update on its Tinley ’27 Collection, which is being produced by Peak Processing Solutions in Ontario. The products were reportedly delayed as a result of changes in Health Canada’s packaging requirements, with the company now waiting on the 60-day NNCP approval following changes. Commercial production is to begin following successful confirmatory testing, simultaneous to this 60 day time delay.

Lastly, the company has reportedly seen strong demand from dispensaries within Canada for its products, with Great North Distributors indicating that several provincial cannabis board have provided “strong indicative interest” in carrying the products.

Tinley Beverage Co last traded at $0.25 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

Is Gold’s Bull Market About to Hit Junior Stocks? | Ken Armstrong – Westhaven Gold

Surge Battery Metals: The Nevada North Lithium PEA

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

Tinley Beverage Gets Closer To Offering Products On Ontario Cannabis Store, Expects Release In April 2022

Products of The Tinley Beverage Company Inc. (CSE: TNY) are expected to soon hit the Canadian...

Friday, December 24, 2021, 10:18:00 AM

Tinley Beverage Sees Long Beach Facility Licensed, Co-Pack Revenues Anticipated In Current Quarter

Tinley Beverage Co (CSE: TNY) this afternoon announced that its bottling facility in Long Beach,...

Wednesday, June 24, 2020, 03:58:37 PM

Tinley Beverage Marks First Full Quarter of Infused Beverage Production

Tinley Beverage Co (CSE: TNY) filed third quarter financials Friday after the close of market,...

Sunday, December 1, 2019, 02:54:31 PM

Tinley Beverage Completes Commissioning At Long Beach

The Tinley Beverage Company (CSE: TNY) this morning issued a brief update to the market,...

Tuesday, November 24, 2020, 07:47:34 AM

Tinley Beverage: Nearing an Inflection Point

Following third quarter financials released late last week by Tinley Beverage Co (CSE: TNY), The...

Thursday, December 5, 2019, 09:01:32 AM