Founder Jeff Maser Steps Down as CEO and Director and Joins Advisory Board; Richard Gillis Appointed as President and Chief Operating Officer, Tinley USA and Joins Newly Created Office of The CEO - Seite 2

“Bringing Tinley from my initial vision to its current phase of growth has been an extremely challenging and rewarding journey,” commented Mr. Maser. “As founder, I built a team of exceptionally experienced beverage executives, knowing that in-depth expertise in manufacturing, logistics, branding and sales would be needed to truly make Tinley’s a market-leading beverage infrastructure and marketing company. Rick has been a key contributor to our growth for nearly three years, and I am confident with him taking on these additional responsibilities. As an advisory board member, I remain committed to helping drive the Company’s growth into everything that I and our many followers and investors have continued to believe it could be from day one.”

“I want to personally thank Jeff for entrusting me with building the California business, in my original role as well as in this expanded capacity,” said Mr. Gillis. “Jeff’s extraordinary vision and entrepreneurial drive has created a platform that has given us a uniquely-advantaged market position in both California and Canada. I know management and the board all support this decision. All of us are prepared to do what it takes through the CEO search process, and to working with a new CEO through the complexities of the expanding and competitive beverage and cannabis industries.”

About The Tinley Beverage Company and Beckett’s Tonics
The Tinley Beverage Company Inc. (OTC:TNYBF, CSE:TNY) manufactures the Beckett’s Classics and Beckett’s 27 line of non-alcoholic, terpene-infused spirits and cocktails. Beckett’s products are available in mainstream food, beverage, and specialty retailers, as well as online, across the United States as well as in grocery and specialty stores in Canada. Cannabis-infused versions of these products are offered under the Tinley’s brand in licensed dispensaries and home delivery services throughout California, with expansion to Canada underway.

The Company has built what it believes is one of California’s largest, most versatile and most technologically advanced cannabis-licensed beverage manufacturing facilities to produce its own as well as third-party brands. Located just 14 miles south of downtown Los Angeles, Tinley’s facility is in close proximity to North America’s largest cannabis market. It is capable of bottling in an increasing variety of package, formulation and label formats, and has built out a licensed distribution facility adjacent to the manufacturing space.