Tinley Produces Initial Batch of Cannabis Margarita and Provides Operational Update
05 4월 2018 - 12:27AM
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") (CSE:TNY) (OTCQX:TNYBF) (formerly
OTC:QRSRF) is pleased to announce that it has produced an initial
batch of its TinleyTM Cocktails cannabis margarita. Tinley is
also pleased to announce that a leading licensed distributor has
agreed in principle to carry Tinley cannabis-infused products
throughout California, and it is working towards a definitive
distribution agreement in time for the anticipated release of the
product.
Initial Batch of Cannabis Margarita
The Company has produced an initial batch of its
TinleyTM Cocktails ready-to-drink Margarita. The product is
infused with 10mg of cannabis, creating what the Company believes
is a level of psychoactive intensity comparable to a single
alcohol-based cocktail. Alcohol-free, Tinley products provide
a standalone cannabis experience, and can be distributed via
licensed California dispensaries. Tinley TM Cocktails Margarita is
made with the same extracts and flavors that are used to make
tequila and other ingredients found in margarita cocktails.
The product also contains terpenes commonly found in sativa
strains. The product is presently undergoing testing and, if
successful, will be packaged and released for retail
distribution. The Company intends to distribute the initial
batch to a relatively small and defined group of consumers,
primarily for product feedback, logistic/supply chain control and
verification, and additional forms of structured and lifestyle
product testing. The Company intends to produce additional
batches in the coming weeks factoring in feedback from the initial
controlled distribution.
Product Distribution
A Southern California-based distributor has
agreed in principle to carry the Tinley line of cannabis-infused
products throughout the state, and it is presently working to
finalize a definitive distribution agreement for Tinley
products. The distributor is one of the first to receive both
state and local distribution licenses in a major Southern
California metropolitan area, and has warehouses throughout the
state. The Company expects a definitive agreement to be in
place in time for the release of the initial margarita product
batch.
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 “TinleyTM 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 TinleyTM 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.com
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