A micro cap beverage company just announced that its products are now available to order for home delivery in all major markets in California through the renowned High Times web site. High Times is one of the world’s most recognized cannabis brands, and could potentially lead to breakthrough operational growth for this Toronto-based company.
The Tinley Beverage Company (OTCQX:TNYBF) has positioned itself very strategically by launching this delivery service, as Californians (as well as the rest of the country) find themselves at home more often due to COVID-19 restrictions. Traders seemed to share an optimistic view of this launch as deliveries across the overall economy have soared in recent months. Shares of this micro cap traded up to $0.3618/share (+4.45%) in early trade following the news. This move is a nice continuation of the success that this stock has had over the course of the last few months.
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