Tinley’s Facility Receives Licenses for Medicinal and Adult Use Cannabis Manufacturing
27 2월 2018 - 10:35PM
THIS NEWS RELEASE IS NOT FOR
DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS
The Tinley Beverage Company Inc. (the “
Company" or
"
Tinley") is pleased to announce that its facility
in Riverside County, California, has been issued licenses for
medicinal and adult use cannabis manufacturing. The licenses
allow for various forms of manufacturing using non-volatile
solvents.
As a result, the facility operator intends to go
into immediate production of the Company’s Tinley ’27 and margarita
cocktail products.
The licenses permit production for 120 days,
during which time the facility operator will submit its Annual
License application through the California Department of Public
Health’s online licensing system - the Manufactured Cannabis
Licensing System (“MCLS”). The temporary licenses can be
extended by additional periods of 90 days during this application
process. Once the application is confirmed by MCLS, as well
as by Riverside County, an Annual License will be issued.
This license will remain effective for one year, with right to
renew annually, as long as compliance is maintained.
The Company intends to manufacture in this
facility during buildout of its 20,000 square foot bottling
facility and beverage R&D center in Long Beach,
California. The Company is also pleased to report that it has
received inbound interest from beverage companies seeking
co-packing services, including those in the fresh-pressed juice,
cola, wine and beer industries.
About The Tinley Beverage Company and
Hemplify
The Tinley Beverage Company (Toronto, Canada)
manufactures a line of liquor-inspired, alcohol-free,
cannabis-infused beverages for use in California. Tinley also
manufactures the "Hemplify" and “Tinley’s Tonics” line of products,
which are available in 100+ retail locations in California and
online throughout the United States. "Hemplify" is a line of
fruit-flavored, sugar-free, vegan, drinkable supplements that
contain hemp stalk extract. This extract contains terpenes and
other phytoconstituents. Each product also contains 9-12x the
potassium electrolyte content of major sports drinks, 200mg of
Omega 3 and excellent sources of 9 vitamins, including 100% DV of
Vitamin C, B12 and D. The Tinley’s Tonics squeeze supplement is a
creamy, chocolate blend of hemp extract, MCT oil and
lactose-reduced whey protein.
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 and formulations outlined herein are
subject to change at anytime.
For further information on The Tinley Beverage
Company, please contact:
The Tinley Beverage Company Inc.Jeff Maser,
Chief Executive
Officer 77
King Street West, Suite 2905Toronto, Ontario Canada M5K
1H1(310) 507-9146Twitter: @drinkhemplifyInstagram: @hemplify
www.drinktinley.comCSE:TNY OTC:TNYBF (formerly OTC:QRSRF)
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