TNY: Overall, I’m glad to hear increased talk in the investment community of the need for investors to move more of their investment dollars to companies that make infused products. Right now, the majority of investment dollars have been deployed to grow-ops. However prices for flower products and extracts in the USA have dropped dramatically wherever adult use has become legal, so it’s fair to say that the same will probably happen in Canada. Prices for infused products such as edibles and drinks, however, have remained robust in the USA, so it only makes sense that the majority of investment dollars shift to these sectors. While a lot of the growers are adding infused products to their lineups, they’ll still be dragged down by their grow ops until and if they spin them off. In the meantime, I’m hoping that investors will increasingly realize the value of the handful of public companies like us that are already pure-plays in the infused products category.
CCIM:
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Louis Kyron: Derek, while presenting at LIFT in Toronto, we discussed how beverages may be one of the main disruptor before long - for our readers, could you elaborate on the reasons as to why?
Derek Riedle: To me, the things that potential new cannabis consumers are most uneasy about are smoking and vaping. Joints will never go away, but combustion and vaping will be something for younger people and first-timers. Delivery methods where people can enjoy cannabis rapidly, conveniently and without smoke will flourish. It’s not the end of smoking, but it’s damn close. Smoking is going to become a subculture.
I think anything that allows people to enjoy cannabis without smoke - edibles, topicals, tinctures, drinks, etc. - will be extremely important going forward. Really, anything that leads to the end of smoke.
The Tinley Beverage Company (CSE:TNY;OTC:TNYBF):
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CannaInvestor Magazine (CCIM): Louis Kyron, Editor In Chief
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