Tinley’s Beckett’s™ Ships to 150 Stores and Advances Long Beach Licensing
2020年3月2日 - 10:00PM
The Tinley Beverage Company Inc. is pleased to announce that its
Beckett’s™ line of products have shipped to BevMo!, one of the West
Coast’s two largest liquor store retailers. The Company is
also pleased to announce that transformer installation in its Long
Beach facility is now complete, which enables the Company to
progress through the final stages of its licensing process.
BevMo! is one of the two major liquor store
retailers on the West Coast USA, operating nearly 200 stores
throughout California, Arizona and Washington. Tinley’s
Beckett’s™ products will be carried throughout California and
Arizona, with Washington to follow. BevMo! has begun the
process of shipping products from its California distribution
facility to each store, and the Company expects this process to be
completed within the coming weeks.
The Company is also proceeding with scheduling
and onboarding work related to other chain store launches.
These include the previously-announced trials with one of the USA’s
largest grocery store chains, which operates over 2,000 large
format stores across the USA. It also includes monthly
product features in high visibility locations at one of the USA’s
largest national club/warehouse-style retailers.
“The Beckett’s™ product line positions Tinley at
the forefront of two major, complementary consumer trends – the
‘sober curious’ movement and the growth of cannabis-infused
beverages,” said Rick Gillis, President of Tinley California.
“Both rapidly-accelerating trends position us to provide new
options for consumers who are seeking healthier alternatives to
alcohol in social and at-home occasions.”
Tinley created the Beckett’s™ line of products
in response to widespread requests from consumers and retailers for
non-alcoholic, cannabis-free versions of the Tinley products.
The “sober curious” movement has become a major wellness-focused
consumer trend throughout the country. In additional to
wellness intenders, these types of products are being rapidly
adopted by consumers for specific alcohol-related reasons such as
medication-related interactions, pregnancy and religious
restrictions. Several sources expect revenue from this
product category – also known as the “low to no alcohol” category –
to continue to grow at over 30% annually in the coming years.
Heineken, MolsonCoors, AB InBev, Diageo, Peroni, Libera and
Guinness have created these types of products. Bars and
restaurants in Los Angeles are also broadly looking to boost their
non-alcoholic beverage options. Tinley’s Beckett’s™ line is
the first comprehensive non-alcoholic lineup of both cocktail and
spirit-style products to hit shelves.
Tinley’s lineup of non-alcoholic cocktails and
liquor formulations was developed in conjunction with national
brand liquor formulators. The formulations use premium,
distilled botanicals, flavors and other ingredients that are
commonly found in national brand spirits. As a result, they
provide authentic versions of popular spirits for those seeking a
non-alcoholic experience – with or without cannabis.
Beckett’s™ cannabis-free versions are eligible for sale throughout
the country in restaurants, bars and mainstream retail. The
cannabis-infused versions, marketed under the Tinley brand, are
available in legal dispensaries throughout California. The
Company is leveraging its team’s past president and C-level
experience in the world’s major beverage companies to add
additional placements in mainstream retail chains across the
USA. The Company is also working to import the Beckett’s™
line to Canada simultaneous to its Canadian launch of the
cannabis-versions.
Long Beach Licensing Update
The Company is pleased to announce that the
local utilities have completed installation of the transformer and
meter at the Company’s Long Beach bottling location. This
represents the final major tenant improvement required for this
facility. This progress is consistent with the timing
outlined in the Company’s corporate update of November 27, 2019.
Accordingly, the Company is now working through items that
are typically part of the final phases of local inspection
and licensing. The Company has also begun the process of
decommissioning its temporary facility in the Coachella Valley in
anticipation of transferring production to Long Beach.
About The Tinley Beverage
Company
The Tinley Beverage Company (Santa Monica,
California) created the Beckett’s™ Tonics and Beckett’s™ ’27 line
of liquor-inspired, terpene-infused, non-alcoholic, cannabis-free
beverages. It has also created Emerald Cup award-winning,
cannabis-infused versions of these products under the Tinley™
Tonics and Tinley™ ’27 brands. The Tinley™ branded
cannabis-infused beverages are available in licensed dispensaries
and delivery services throughout California; the Beckett’s™-branded
non-THC versions are increasingly available in mainstream food,
beverage and specialty retailers, as well as on premises locations,
throughout California and elsewhere in the USA. The Company
has also built a 20,000 square foot cannabis beverage
manufacturing, co-packing and distribution facility in Long Beach,
California.
Forward-Looking Statements
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS
REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This press release contains or refers to
forward-looking information and is based on current expectations
that involve a number of business risks and uncertainties. Factors
that could cause actual results to differ materially from any
forward-looking statement include, but are not limited to, delays
in obtaining or failures to obtain required governmental,
environmental or other project approvals, political risks,
uncertainties relating to the availability and costs of financing
needed in the future, changes in equity markets, inflation, changes
in exchange rates, fluctuations in commodity prices, delays in the
development of projects and the other risks involved in the mineral
exploration and development industry. Forward-looking statements
are subject to significant risks and uncertainties, and other
factors that could cause actual results to differ materially from
expected results. Readers should not place undue reliance on
forward-looking statements. These forward-looking statements are
made as of the date hereof and the Company assumes no
responsibility to update them or revise them to reflect new events
or circumstances other than as required by law.
Products, formulations and timelines outlined
herein are subject to change at any time. All figures CAD
unless otherwise indicated.
For further information on The Tinley Beverage
Company, please contact:
The Tinley Beverage Company
Inc.3435 Ocean Park Blvd. #107Santa Monica, CA
90405(310) 507-9146info@drinktinley.comTwitter:
@drinktinleyInstagram: @tinleybeverage www.drinktinley.comCSE:TNY
OTCQX:TNYBF
The Tinley Beverage (CSE:TNY)
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The Tinley Beverage (CSE:TNY)
過去 株価チャート
から 1 2024 まで 1 2025