Strong Company in Cannabis Beverage Space

Updated

Not sure what Tinley is going to be doing in the coming months as the cannabis and cannabis beverage sector heat up. We know their products are stellar and their management team is excellent despite some underwhelming financials. Some huge news coming soon with their new bottling facility and Canadian partnership being announced. Midterms and US cannabis reform may also inject some much needed momentum on the US side. Although a 2-year history is nearly meaningless, time will tell if it breaks out as it has done in historical fashion. GLTA

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Still making higher lows but holding to the general uptrend. Moving averages close to crossing.

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Climbing back into that channel - me likes me likes. Breakout soon.

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Beautiful volume/price action. Retail investor chatter picking up on twitter in conjunction with a few hit-pieces being written. Phase II plant bottling backorders of Stone Daisy and High Horse. We'll likely see the rebranding of the T27 line considering it can't be called "rum, amaretto, whiskey". Phase III still on track for Q2 completion. Considering beverage space is turning some eyes, we'll likely see the positive slope develop a little steeper. Stay tuned.

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Crazy News Releases this week with Tinley being ahead of schedule in the production of their single serve backorders and the inaugural first batch of their Tinley 27 line. In addition to the NRs, VICE did a beverage piece, a lobbying group was formed in Canada, and Jeff Maser was a guest on the FTMIG podcast. It's clear that sentiment is changing over beverages as evidenced by Twitter and Google analytics. I'm still seeing some major price action between now and June.

bioengineer

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