Tinley Leases 20000 Square Foot Facility for Cannabis Beverage Production – GlobeNewswire (press release)

SANTA MONICA, Calif. and TORONTO, Feb. 13, 2018 (GLOBE NEWSWIRE) — The Tinley Beverage Company Inc. (the “Company” or “Tinley“) is pleased to announce that it has entered into a lease agreement for a 20,000 square foot facility in Long Beach, California for cannabis beverage production. The Company is also pleased to announce that its temporary facility in Riverside County, California has successfully completed all remaining inspections required for cannabis operations, and it has accordingly received a Certificate of Occupancy.20,000 Square Foot Manufacturing Facility on 45,000 Square Foot ParcelThe Company has entered into a lease agreement for a 20,000 square foot structure in Long Beach, California. The facility is situated on 45,000 square feet of land approximately 16 miles from downtown Los Angeles. The Company intends to retrofit the existing structure to install batching and bottling equipment that is uniquely designed for the needs of cannabis drinks. This equipment will accommodate the solubilization technology and processes that Tinley uses for its cannabis and terpene-infused, liquor-style beverages. The bottling line will also be designed for a variety of bottle, label and closure styles to accommodate future products as well as enable co-packing services for third-party brands that wish to build cannabis-infused versions of their products. The equipment will enable both carbonated and non-carbonated beverages, as well as those that contain perishable ingredients and that require clean-label claims. Due to the central location of the property, Tinley intends to use a portion of the building to build a permitted cannabis distributor. This distributor will be equipped to cater to the unique needs of beverage products including refrigeration and large-format packaging. The Company intends to operate the distributor in cooperation with existing local distributors and operators. The Company will also build

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