Tinley Beverage Co (CSE: TNY) has signed its first distribution deal for its Beckett’s line of alcohol-free spirits and cocktails in Canada. The company this morning announced that it has received a listing with the Alberta Gaming, Liquor and Cannabis Commission’s exclusive distributor of spirits, wine, coolers, imported beer and related products.
The listing is with that of Connect Logistics, the sole wholesale for all beverage alcohol in the province aside from domestic beer. The firm services over 2,000 retail stores in the province, which includes bars, restaurants, major grocery chains, convenience stores, and stand alone liquor stores. Deliveries are expected to begin in the near term following initial discussions with key accounts.
Both the Beckett’s ’27 and Beckett’s Classics line of products will be available to stores, restaurants, and delivery services across the province.
“The privatized structure of Alberta’s liquor industry creates unique opportunities for the Company to work with a variety of retail chains and independents alike for efficient placement of our products throughout the province. Our US products already enjoy an active following among local snowbirds, and our highly dedicated sales reps are working to help Alberta retailers offer their customers ‘sober curious’ options closer to home.”Jeff Maser, CEO of Tinley Beverage Co
The company has indicated that the company is now in a position to complete deliveries of orders in the province.
Tinley Beverage last traded at $0.48 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.