For all new investors to this board, below is an email from the CEO that was posted just over a week ago by a respected poster on this board, Pungentaroma.
And I can attest to the fact that Jeff might be one of the best CEO's for communication with individual shareholders, as I've emailed back and forth with him many times before.
Hi Brian, Weve been putting out press releases every two weeks and all of them are meaningful, not fluff. The launch of our THC drinks should attract even more attention than when we launched our Hemplify drink last fall, and this should attract an even bigger base of investors to the stock (marijuana investors are a larger base than hemp CBD investors). Year-end financials are due at the end of April, just like any other junior company. Companies of our size dont provide revenue guidance, and were no different. I truly appreciate investors seeing us as better quality than other companies, but we still cant release financials more than quarterly. However Ive tried to provide a sense of our progress in the corporate presentation by listing the number and quality of stores. It is rare for beverage companies to get into this number and quality of stores in just their second quarter of product availability, so investors should be extremely excited about this. This being said, Ill try to put out some operational metrics in future releases. I dont think theyre relevant because sell-through is what matters most in consumer product companies, but Im fine putting them out if investors want. Ive laid out on many occasions, including the recent corporate presentation, that the upcoming catalysts include the THC drinks, the launch of the new Hemplify products, placement in dispensaries and placement in mainstream stores and chains. This is no different from any other marijuana company except that the margins for drinks and edibles are more defensible while margins for dried leaf have proven to commoditize over time. Infused-products have also proven to capture the majority of revenue in mature markets, such as Colorado. Im not going to announce any of the deals were negotiating with licensed producers in Canada and other states until our products are out in California. California is by far the largest market (9x Canada) and thats why its the priority. I believe we should be worth 9x Canadas players. This is the reason to continue to increase your position in Tinley. Thanks again for your continued support. Best regards, Jeff
