Tinley Expands Distribution With Shelf Life Distributing
06 April 2020 - 2:00PM
The Tinley Beverage Company Inc. is pleased to announce that it has
expanded the distribution of its award-winning cannabis-infused
beverages throughout California via an exclusive agreement with
Shelf Life Distributing.
The Company is pleased to have entered into an
exclusive agreement with Shelf Life Distributing. Under the
agreement, Shelf Life will sell and distribute the full line of
Tinley’s non-alcoholic, cannabis-infused beverages to licensed
dispensaries and home delivery services throughout
California. Shelf Life is a subsidiary of Gold Flora LLC, one
of California’s foremost, vertically integrated cannabis
companies. Gold Flora’s assets include a 625,000 square foot
cultivation and manufacturing facility in Desert Hot Springs,
California, as well as a renowned lineup of ultra-premium vape
pens. Shelf Life brings a sales force of 10+ salespeople,
several of whom have recently joined the company with $1+ million
monthly books of business. The agreement with Tinley will
significantly enhance Tinley’s existing sales, merchandising reach,
including budtender education, product demonstration and logistics
capabilities. The agreement also includes provisions for
Shelf Life to perform certain warehousing and shipping functions
from Tinley’s distribution facility in Long Beach when it becomes
licensed.
“The beverage category is finally catching on
with consumers, and this positions it to be a key untapped category
within the cannabis industry,” said Laurie Holcomb, Founder and CEO
of Gold Flora. “Tinley’s products have excellent effects and
onset time, plus they taste great.”
“Tinley is delighted to have attracted this
caliber of distribution,” remarked Richard Gillis, President of
Tinley, West Coast USA. “The enhanced sales and delivery services
come on the heels of our products taking the top two awards at this
year’s Emerald Cup, and as legal cannabis products experience an
historic surge in demand.”
Shelf Life has taken delivery of 100% of the
inventory from Tinley’s Phase 2 bottling facility. This
facility has now been fully decommissioned in anticipation of the
operationalization of its Phase 3 facility.
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
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