Hey Nerds: Blockchain
- Thread starter zeke
- Start date
MindzEye
Wayward Ditch Pig
I don't think so. Back half of the year or early 2019 imo. I would imagine that they want to establish their brand and presence in Cali first before they start real negotiations with licensing production to a 3rd party in Canada (and short of significant additional financing, I don't see them having deep enough pockets to do it themselves yet)
I'd be surprised if it wasn't a 3rd party licensing deal with a Canadian LP looking for value add to their product line. Happily surprised, but still surprised. It's the easiest and cheapest way to expand brand awareness and sales footprint. One of the companies stated goals has always been to develop to a turnkey manufacturing model that they could license out, which makes sense considering the Cott involvement in the company.
My two most comfortable positions are the worst performing ones in the past week - WEED and the oddly stagnant APH. The ones that I feel are more risky (HVST and a little dibble in MARI) have killed it. But I'm sure they can go the opposite direction within a day. I made my bed, I know what to expect.
I don't know how you do it ME. I have 10% of my entire portfolio on here and every day it moves the needle more than my ETFs do despite being 90% of my portfolio. Heart attack inducing even at such a relatively miniscule amount.
And this was, from what I've seen and observed prior to buying, one of the more sideways weeks in the past year. Much respect ME. Your balls deserve some serious props.
I don't know how you do it ME. I have 10% of my entire portfolio on here and every day it moves the needle more than my ETFs do despite being 90% of my portfolio. Heart attack inducing even at such a relatively miniscule amount.
And this was, from what I've seen and observed prior to buying, one of the more sideways weeks in the past year. Much respect ME. Your balls deserve some serious props.
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MindzEye
Wayward Ditch Pig
I'm still quite new to the game, but the one thing I've absorbed from the best books that I've read is the importance of zen and detachment from the emotional swings.
It's ****ing hard sometimes man. But it's one of the handful of principles that I've held a pretty steady grip on since I started. My belief in this as a historic investment opportunity helps a ton. Wild short term swings in personal wealth is a bit of a ride, but I'm about as close to convinced about this as I am about anything: If I keep a steady hand, in 3-5 the outcome will be worth the blood pressure spikes.
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I'm still quite new to the game, but the one thing I've absorbed from the best books that I've read is the importance of zen and detachment from the emotional swings.
It's ****ing hard sometimes man. But it's one of the handful of principles that I've held a pretty steady grip on since I started. My belief in this as a historic investment opportunity helps a ton. Wild short term swings in personal wealth is a bit of a ride, but I'm about as close to convinced about this as I am about anything: If I keep a steady hand, in 3-5 the outcome will be worth the blood pressure spikes.
From everything I've read and learned, I agree. This is the opportunity of a lifetime. I sat back and observed for a year which was hard in itself as shit exploded. So I do have regrets not doing it sooner, but I'm a big believer in doing your own due diligence and researching as much as possible. At the end of the day I did what I had to do and I am still confident that my portfolio is a strong one that has great potential. I won't get retirement rich, but there's definite six figures in gains potential there long-term.
I've done quite well with my ETFs lately (who hasn't?) but we all love shortcuts and this could very well be the ultimate shortcut.. or it may force me to work an extra year or two before retiring. Risk worth taking.
But to go in at essentially 100% of your savings? Man I wish I could say I had the stomach for that. I survived shit like Brexit just fine and was never too concerned about that but this is another level of scary volatility.
CH1
The Artist Formerly Known as chiggins.
I'm still quite new to the game, but the one thing I've absorbed from the best books that I've read is the importance of zen and detachment from the emotional swings.
It's ****ing hard sometimes man. But it's one of the handful of principles that I've held a pretty steady grip on since I started. My belief in this as a historic investment opportunity helps a ton. Wild short term swings in personal wealth is a bit of a ride, but I'm about as close to convinced about this as I am about anything: If I keep a steady hand, in 3-5 the outcome will be worth the blood pressure spikes.
If you don't get too excited when things spike, or too down when things sell off, you're doing it right.
emotion is the enemy
Bleedsblue&white
Well-known member
I really think this is a common sense thing; a large, new business is about to hit the market, and with what we already know about marijuana...it's going to do well.
As soon as that tax money starts rolling in look out lol, it may end up like Tim Horton's.
...okay, but seriously, this is one of those rare times when a ground floor is available for us regular joes.
As soon as that tax money starts rolling in look out lol, it may end up like Tim Horton's.
...okay, but seriously, this is one of those rare times when a ground floor is available for us regular joes.
oscarheyman
Well-known member
I'm still quite new to the game, but the one thing I've absorbed from the best books that I've read is the importance of zen and detachment from the emotional swings.
It's ****ing hard sometimes man. But it's one of the handful of principles that I've held a pretty steady grip on since I started. My belief in this as a historic investment opportunity helps a ton. Wild short term swings in personal wealth is a bit of a ride, but I'm about as close to convinced about this as I am about anything: If I keep a steady hand, in 3-5 the outcome will be worth the blood pressure spikes.
Isn't that sort of the idea behind "coach potato investing"? Taking the emotion out of investing.
MindzEye
Wayward Ditch Pig
It's the idea behind most trading "systems". I tend to align philosophically with Trend Trading more than anything else that I'm aware of.
Aberdeen
Well-known member
How much do you know about the TNY management team, feel good about them? I've been doing a little research on them. If they've got their shit together, and good branding, they'd be well positioned to partner with a large distributor.
Aberdeen
Well-known member
Glad I bought some yesterday.
MindzEye
Wayward Ditch Pig
News baby, sweet sweet news.
Temp facility is fully retrofitted and ready for Tinley 27 runs, just waiting on permitting from the city (LA). Warrant executions added 800K to the piggy bank (4.6 million in cash...and the existing warrants, of which there aren't many left a couple 100K tops, expire in April so minimal dilution in the pipeline) and we're fully funded for the permanent facility and Tinley 27 batch runs once we're in the permanent facility (the 12-15 million bottle a year facility). Tinley 27 expected to drop within the next few weeks.
MindzEye
Wayward Ditch Pig
It's all ex Cott Beverage people for the most part. Jeff Maser (CEO) worked for Cott on the marketing side before getting into venture capital (he worked for a finance house in Toronto that did a bunch of early MJ industry deals). Our marketing head was the head of marketing for Crystal Head Vodka, Dan Akroyd's wine company, and a couple other liquors. The Pencer's (the family that founded Cott) are heavily involved in Tinley on the formulation side of things. Former Cott President is our current Director.
It's a really solid management group for a start up. A bunch of experienced people left much higher paying jobs to try to make this work. Compare it with the management of some of these "me too" LP's and it's not close. Compare it with the management groups in the other edible makers and again it's not close. The only team I like as much or better is Phivida and their heavy, heavy connections to Budweiser but they're entirely focused (for now) on their CBD health drinks that apparently coming this spring (which would be a Hemplify competitor, but until they produce something that gets you high, not a T27 competitor)
Aside from the in house talent, they're using Critical Mass for their marketing (Nissan, Alberta Tourism, Adidas, Converse, Nike, Rolex, Gucci, Jack Daniels, etc, etc, etc....a long list of premium branded clients) and Superlative for their social media awareness campaign (when it kicks off) and branding (they do a bunch of work for EDM artistis and festivals in Cali, they've worked with Supreme Streetwear a bunch...so you can see where Tinley is going with it's social media content and awareness)
Yeah, I feel good about them. They're going to be first to market in Cali with a product that could easily become a cultural staple out there (and in Canada when we sort our edibles regs out). They have all the know how to license out turnkey production in other jurisdictions, which is going to be key until US federal legislation changes....until then, having licensing and manufacturing in key state level markets is going to be massive. If that is sorted out into a smooth, quick process, they're going to be able to shit stomp other start ups as individual states go live.
They're a start up with heavy connection to the 3rd biggest beverage maker in North America (non alcoholic...it's Pepsi/Coke and then Cott a distant 3rd, but still 3rd). Everything you'd want to see a small company like Tinley do if they're going to be able to become a legit player, they have people in house who have done it with other companies.
Very happy with my investment so far (averaged in at .27, closed today at 1.44) and pretty pumped about where this can go as long as the management team executes and the product is strong.
MindzEye
Wayward Ditch Pig
Yeah, I'm considering another run to Cali this winter to check it out. A 3-4 day weekend in L.A wouldn't suck at all.
CH1
The Artist Formerly Known as chiggins.
As a news release, it was pretty thin. I would expect a beverage company to secure a bottling plant.
I suspect a lot of TNY shareholders are nervous nellies, so the PR was more about "we're still alive". Maser is pretty spartan when it comes to press releases -- something I like. Too many penny stocks recycle old news into "look at us" empty hype.
Hopefully the creep upwards continues for a few more days, and the stock can consolidate there.