Mark Benadiba and Ben Knight Join Tinley’s Advisory Board
16 5월 2018 - 11:00PM
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) is pleased to
announce that long-time Cott Board and Executive member Mark
Benadiba, and California cannabis industry leader Ben Knight have
joined the Company’s advisory board.
Mark Benadiba served as a Director of Cott
Corporation from June 2008 through December 2017, having actively
collaborated with his board colleagues to oversee over US$2 billion
in market growth, as well as drive the company’s transition from
traditional carbonated soft drinks to healthier, higher-growth
beverage categories. Prior to joining Cott’s board, Mr.
Benadiba served in various executive roles including CEO and
Executive Vice-President of Cott Canada from 1990 through 2006, and
Executive Vice President, USA Operations from 1996 until 2006.
As a key Cott executive serving working closely with its
founders over the years of Cott’s explosive growth, Mr. Benadiba
and his team helped guide the business and drive the building of
efficient capacity, through a strategy of excellence in own-plant
operations, contract packing, and regional partnerships and
beverage acquisitions. During his tenure, Cott disrupted the
largest category in grocery to become the world’s third-largest
beverage company after Coca-Cola and Pepsi. Prior to Cott,
Mr. Benadiba was a Senior Executive of Pepsi/Seven-Up Canada (a
division of Seven-Up Canada Inc.), and a member of its ownership
group.
Ben Knight serves as Chief Operating Officer and
Chief Financial Officer of Purple Mountain Holdings, a
California-based cannabis-focused holding and investment
company. He is also Chief Operating Officer of CMX
Distribution, the first cannabis distributor to become licensed in
a major urban center in Southern California. He also oversees
420 Central Brand Stores, which operates one of Southern
California’s largest cannabis dispensaries and is working to expand
its store outlets throughout the State. Before partnering and
founding businesses across retail, manufacturing and distribution
in the cannabis industry, Mr. Knight held leadership roles in both
mid-market and enterprise organizations. Most recently,
Knight was a Director of Microsoft’s Enterprise Group. In this role
he was responsible for the corporate transformation to the cloud
infrastructure and services business, which outperformed the market
and took share from competition. Previously, Knight led Sales for
the Microsoft Business Division. Before joining Microsoft, Knight
was a Director of a leading technology services provider to Fortune
500 organizations across the United States and Europe. Mr.
Knight has also served in advisory positions for non-profits
focused on youth in technology and local community development.
“Mark Benadiba’s leadership, especially in
driving Cott’s co-packing business, enriches the existing Tinley
team’s track record at Cott of creating comprehensive beverage
formulations and merchandising programs for own brands and other
national brand clients. This supports Tinley’s business model
of own-brand and contract development and production excellence in
the emerging cannabis beverage industry,” said Jeff Maser, CEO of
Tinley.
“At the same time, we look forward to leveraging
Ben Knight’s pioneering California cannabis industry expertise and
Fortune 500 experience to adapt our best practices from the
mainstream beverage industry for cannabis product development,
distribution and retailing,” continued Maser.
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 hemp
extract CBD products, which are available in retail locations in
California and online throughout the United States.
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 OTCQX:TNYBF (formerly
OTC:QRSRF)
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