The Tinley Beverage Company (TSE:TNY) has released an update.
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Tinley Beverage Company has reported significant financial strides in 2024, including raising $3.3 million through equity placements and reducing its debt by $7 million. The company also achieved impressive sales milestones at Total Wine locations, including securing a top 5 spot among non-alcohol brands and expanding its market reach in several states. Tinley’s strategic focus remains on building its brand and expanding its non-alcoholic beverage portfolio despite facing distribution challenges.
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