VANCOUVER, British Columbia, Jan. 29, 2016 /Weed Wire/ — The Tinley Beverage Company (CSE: TNY) is the latest new listing on the Canadian Securities Exchange, and trades under the symbol “TNY”.
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Tinley is working to create some of the USA’s first national brands for premium hemp and marijuana-infused drinks.
Jeff Maser, President and CEO, stated: “Tinley has formulated the only patent-produced liquid supplement containing certifiable phytoconstituent-rich hemp oil. Hemp oil is a fast-growing category in health food stores and, increasingly, in large-format grocery stores.”
The company is currently working to complete the first production run for its flagship “Hemplify” product, a drinkable supplement containing hemp oil, electrolytes, omegas, vitamins and other nutrients. The products will be produced in Southern California, followed by a focused sales and distribution campaign throughout the West Coast.
Tinley believes the addressable market for marijuana and hemp drinks is a meaningful portion of the $400 billion alcoholic beverage industry and the $225 billion functional beverage industry.
The company has 45.6 million shares outstanding, and as December 31, 2015, the company had approximately $1 million in working capital.
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