Beckett's Stock Price, News & Analysis

TNYBF represents The Tinley Beverage Company Inc., a beverage manufacturer that focuses on non-alcoholic and hemp-derived Delta-9 THC-infused products marketed primarily under the Beckett's brand. According to company disclosures, Tinley's concentrates its resources on the production, sales, and brand building of Beckett's no-alcohol beverages and its HD9 (hemp-derived Delta-9 THC-infused) beverage line.

The company is associated with operations and corporate activity in Toronto, Ontario and Los Angeles, California, as referenced in multiple news releases. Its shares trade on the Canadian Securities Exchange under the symbol TNY and on the OTCQB market under the symbol TNYBF. Tinley's has stated that it is exiting the co-packing business to focus on its own branded products, emphasizing non-alcoholic beverages and hemp-derived THC-infused offerings.

Business focus and brand strategy

Tinley's reports that its primary mission is to expand the availability of its non-alcoholic beverage portfolio, including both non-infused and HD9 products, while building brand awareness and consumer demand. The company highlights the Beckett's brand as central to this strategy and has indicated that it is changing its corporate name from "The Tinley Beverage Company Inc." to "Beckett's Inc." to align the company name with its flagship brand. Shareholders approved this name change, and the company has stated that it intends to file articles of amendment to effect it.

Within its Beckett's portfolio, Tinley's describes two key non-alcoholic lines: Beckett's Tonics and Beckett's '27 beverages. Beckett's Tonics are characterized as ready-to-drink, non-alcoholic beverages inspired by cocktail classics, while Beckett's '27 beverages are described as non-alcoholic spirits. The company also refers to Beckett's HD9 beverages as hemp-derived Delta-9 THC-infused versions of its Beckett's Tonics products.

Product lines and formulations

Company news releases describe Beckett's Tonics as sparkling, ready-to-drink takes on cocktail classics. Named examples include Stone Daisy Lime Margarita, Flying Mule Moscow Mule, Juniper Fly Gin & Tonic, and Mystic Dove Paloma in can format. Tinley's notes that these products are non-alcoholic and naturally flavoured. In its updates, the company also refers to Beckett's Tonics hemp-derived Delta-9 THC-infused beverages (HD9), which it positions as an extension of its existing flavour profiles.

Beckett's '27 beverages are described by Tinley's as non-alcoholic spirits. The company also references Beckett's HD9 products as a way to participate in the hemp-derived Delta-9 THC beverage category, stating that each HD9 beverage contains less than 0.3% hemp-derived Delta-9 THC by dry weight and is formulated and labelled to comply with applicable regulations in certain U.S. states.

Distribution and market channels

In its corporate updates, Tinley's outlines a distribution strategy that includes both retail and e-commerce channels. The company reports sales and distribution relationships with Total Wine & More, GoPuff/BevMo, Amazon, and its own DrinkBecketts.com e-commerce channel. It also references distribution agreements with Atlantic Beverage Distributors for Massachusetts, and broker relationships with Emergent Beverages for various U.S. regions.

Tinley's has announced that Beckett's Tonics and Beckett's '27 non-alcohol beverages are distributed in certain U.S. states through partners such as Atlantic Beverage Distributors and Mexcor International, working in conjunction with Emergent Beverages. For HD9 products, Tinley's notes that it is working with Emergent Beverages and Mexcor to distribute in states where hemp-derived Delta-9 THC beverages are legal.

Strategic shift and financial restructuring

The company has disclosed a strategic shift under its leadership, emphasizing the need to reduce debt and focus on its own branded beverages. Tinley's reports that it has undertaken private placements and debt settlements to improve its financial position, including the sale of its bottling line to a strategic partner and the settlement of secured debt. The company states that these steps are intended to clean up its balance sheet, reduce operating expenses, and support investment in production, inventory, and brand-building activities for Beckett's products.

Corporate communications describe Tinley's as operating with a lean approach, prioritizing expanded distribution, increased sales, and brand development for Beckett's Tonics, Beckett's '27 non-alcoholic beverages, and Beckett's HD9 products. The company also notes that it has used capital raises to build standby inventory of Beckett's no-alcohol beverages to support sales expansion and e-commerce fulfillment.

Brand positioning and category focus

Tinley's positions itself within the broader non-alcoholic and alternative adult beverage categories. Its disclosures emphasize the growing demand for non-alcoholic beverages and hemp-derived Delta-9 THC-infused drinks, and the company's intention to "exploit" what it describes as high-yielding revenue opportunities in these segments. Tinley's communications highlight the Beckett's brand as central to its identity and future direction, including the planned corporate name change to Beckett's Inc.

According to the company, its strategy includes expanding distribution through broker partners, supporting key retail accounts with marketing programs such as samplings and coupons, and investing in consumer marketing and customer retention initiatives. Tinley's also references plans to introduce new flavour options and variety packs, subject to market demand, as part of its product innovation efforts.

Corporate evolution and ticker transition

Tinley's has explicitly announced that it is changing its name to Beckett's Inc. and expects its common shares to commence trading on the Canadian Securities Exchange under the new ticker symbol "BKTS". The company indicates that this change is intended to align the corporate identity with the Beckett's brand. For investors researching the historical symbol TNYBF, this context is important, as the symbol is associated with The Tinley Beverage Company Inc. and its transition toward operating as Beckett's Inc.

FAQs about TNYBF (The Tinley Beverage Company Inc.)

• What does The Tinley Beverage Company Inc. do?
  Tinley's focuses on the production, sales, and brand building of Beckett's non-alcoholic beverages and hemp-derived Delta-9 THC-infused (HD9) beverages. The company has stated that it is exiting the co-packing business to concentrate on these branded products.
• What is the relationship between Tinley's and Beckett's?
  Tinley's describes Beckett's as its primary brand for non-alcoholic and HD9 beverages. The company has announced that it is changing its corporate name from The Tinley Beverage Company Inc. to Beckett's Inc. to better align the company name with its focus on the Beckett's brand.
• Which product lines does Tinley's highlight in its disclosures?
  Tinley's highlights Beckett's Tonics, Beckett's '27 non-alcoholic beverages, and Beckett's HD9 hemp-derived Delta-9 THC-infused beverages. Beckett's Tonics are described as ready-to-drink, non-alcoholic beverages inspired by cocktail classics, while Beckett's '27 beverages are described as non-alcoholic spirits.
• How does Tinley's distribute its Beckett's beverages?
  According to company news releases, Tinley's distributes Beckett's products through retailers such as Total Wine & More, GoPuff/BevMo, and Amazon, as well as through its DrinkBecketts.com e-commerce channel. It also works with distribution partners including Atlantic Beverage Distributors and Mexcor International, supported by broker Emergent Beverages in certain U.S. regions.
• What are Beckett's HD9 beverages?
  Beckett's HD9 beverages are described by Tinley's as hemp-derived Delta-9 THC-infused versions of its Beckett's Tonics products. The company states that each HD9 beverage contains less than 0.3% hemp-derived Delta-9 THC by dry weight and is formulated, packaged, and labelled in compliance with regulations in several U.S. states.
• Why is Tinley's selling its bottling line?
  Tinley's has disclosed that it agreed to sell its bottling line equipment to its strategic partner Blaze Life Holdings, LLC as part of a debt settlement and strategic shift. The company states that this transaction helps eliminate secured debt, reduce operating expenses, and support its focus on branded Beckett's beverages rather than co-packing.
• What corporate changes has Tinley's announced?
  Tinley's has announced a change of its corporate name to Beckett's Inc., subject to filing articles of amendment, and a planned change of its CSE ticker symbol to BKTS. The company has also reported leadership changes, including the appointment of a new chief executive officer, and multiple capital raises and debt settlements aimed at improving its financial position.
• Where can investors find more detailed financial information on Tinley's?
  Tinley's states that its interim consolidated financial statements and management's discussion and analysis are available on SEDAR+ under its issuer profile. These documents provide additional detail on its financial position, capital raises, and strategic initiatives.