Tinley Appoints Entertainment Exec Curt Marvis and Expands Dispensary Placements
18 6월 2018 - 9:18PM
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 it has
appointed Curt Marvis to its board of directors. The Company
has also released its cannabis margarita to a broader base of
dispensaries following a successful initial commercial test.
Appointment of Curt Marvis to Board of
Directors
Curt Marvis is a Los Angeles-based,
internationally-recognized digital media pioneer and
entrepreneur. He is an MTV lifetime achievement award
recipient and has served on numerous boards including CinemaNow,
JumpTV (now NeuLion, TSX:NLN, OTC:NEUL), and QYOU (TSXV:QYOU,
OTC:QYOUF). He is presently the CEO and Co-Founder of QYOU, a
Los Angeles and Toronto-based, millennial-focused, next-generation
media company with distribution in 35 countries on 6
continents. Mr. Marvis previously served as President of
Digital Media at Lionsgate Entertainment (NYSE:LGF.A), where he
helped guide the company's broad spectrum of digital distribution
agreements. Additionally, while at Lionsgate Mr. Marvis
successfully launched original content channels, series and games
in partnership with YouTube, Hulu and Machinima. Prior to
joining Lionsgate, Mr. Marvis was Co-Founder and CEO of CinemaNow,
a recognized innovator in digital entertainment technology and
distribution. Mr. Marvis also served as President of
publicly-held game developer 7th Level, and he helped lead their
successful restructuring into delivery of web based technology
applications with partners from Microsoft to Bandai. Mr.
Marvis also co-founded and served as CEO of The Company, an award
winning and highly successful production company for music videos,
concerts and commercials. He graduated with honors from UCLA
with a BFA in Motion Picture and Television Production.
“With products on an increasing number of
dispensary shelves and Phase 1 bottling infrastructure in place,
Tinley’s focus now includes marketing and awareness. Curt’s
experience and relationships in the entertainment and overall
creative industries experience, with a particular focus on
millennials, will further enhance Tinley’s ability to target key
consumer segments,” said Jeff Maser, CEO of Tinley.
Expansion of Dispensary Placement and
Operational Update
After a successful commercial trial with its
initial dispensary launch partner, the Company has released its
cannabis margarita product for broader commercial
distribution. The product is now on shelves in dispensaries
in the County of Los Angeles and Orange Country, as well as
available for home delivery throughout both counties, wherever such
deliveries are permitted. The product has received positive
reviews in two nationally-recognized consumer publications and the
Company is now launching comprehensive in-store demonstration,
staff education, and merchandising programs.
The Company has elected to internalize certain
functions of the supply chain that had previously been outsourced
for production of the ’27 liquor-style products. This
includes certain short path distillation and other technologies
that will enable the company to better control consistent
solubility, onset time and other product features. The
Company continues to expect a commercial release of its coconut
rum, the first product in this line, in the coming
weeks.
Tinley Advisory Board member Mark Benadiba,
previously CEO of Cott Canada and member of Cott’s global board of
directors, is currently advising on Tinley’s market entry into
Canada. The Canadian government has indicated that the
licensing structure for edibles, drinks and other infused products
will take up to one year to complete after legalization of
conventional flower products. As such, in the interim, the
Company intends to continue to primarily focus on the California
market and entry to other US states.
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.com(CSE:TNY) (OTCQX:TNYBF) (formerly OTC:QRSRF)
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