Products of The Tinley Beverage Company Inc. (CSE: TNY) are expected to soon hit the Canadian retail market. The Toronto-based cannabis-infused beverage maker, currently offering its products in California, is now working on making its drinks available in Canada through Ontario Cannabis Store.
“Like many of our approximately 5,000 thirsty Canadian shareholders, I am looking forward to buying Tinley’s infused Canadian beverages at one of the many licensed retail outlets close to home”, said Ted Zittell, director and member, Office of the CEO.
The beverage company, along with its two Canadian licensed co-packers, have completed the additional documentation requested by Ontario Cannabis Store. This followed after the latter issued a formal notice to purchase a week ago, setting an intention to feature the company’s beverages at its points-of-sale.
The notice included Canadian versions of the company’s portfolio: Tinley’s ’27 Coconut Cask (to be branded as Tinleys ’27 Smooth Coconut in Canada) and Tinley’s Tonics La Paloma (to be produced in Canada as Tinley’s Classics Mystic Dove).
Responses to the review of the submitted documentation are expected to be received in February 2022, with plans to launch the products on Ontario Cannabis Store’s website and retail outlets in April 2022.
The company is also currently working with the cannabis retailer for another batch of the Canadian product lineup slated for a July 2022 release.
In connection with making its products available in Canada, the firm also confirmed that documentation has been submitted to potential cannabis buyers at both the British Columbia Liquor Distribution Branch and the Alberta Gaming and Liquor Commission.
Tinley Beverage Co last traded at $0.12 on the CSE.
FULL DISCLOSURE: Tinley Beverage Co is a former client of Canacom Group, the parent company of The Deep Dive. Information for this briefing was found via Sedar and the companies mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.