Tinley Beverage Co (CSE: TNY) this morning released a corporate update, indicating a number of developments at the firm. Chief among the updates is the expansion of product listings within Alberta as well as California.
In Canada, the company has seen its Beckett’s non-infused products make its way into retailers across Alberta, with nearly 30 retailers now carrying the firms products. Such retailers include certain locations of household names, including Co-Op Liquor and Sobeys Liquor Alcanna chains, which is the largest liquor retailer in the province.
Notably, re-orders have already begun as well, demonstrating demand for the product. Finally, the company has received a commitment for listing at a grocery chain in Toronto, which is the firms first step into the province of Ontario.
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With respect to the Tinley cannabis-infused products, buyers in two provinces have requested the Canadian version of the firms multi-serve products, with manufacturing currently underway by Peak Processing. In California, meanwhile, the company has seen its Tonics and ’27 product lines continue to expand listings.
Third party production in California, previously referred to as co-packing, has seen success as well with the first re-order of co-packing services expected to be completed next week. Production is also underway for seven additional SKU’s for co-packing clients, while commissioning remains on schedule for its canning line which is expected to bring further clients to the company.
Finally, the company has seen onboarding completed for a wine and spirit distributor in the state of Tennessee for its Beckett’s line of products. Distribution here is expected to be coordinated with product marketing and features by Todd Chrisley whom will promote the products both locally and nationally. Distribution is also in the works in the state of Texas and other regional markets where Chrisley has a large audience.
Tinley Beverage Co last traded at $0.38 on the CSE.
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