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1933 Industries Inc C.TGIF

Alternate Symbol(s):  TGIFF

1933 Industries Inc. is a Canada-based cannabis cultivator and producer. The Company is focused on the cultivation and manufacturing of a portfolio of cannabis consumer-packaged goods in a variety of formats for both the wholesale and retail markets. Its product offerings through its in-house brands, including wholesale flower, pre-rolls, and extracted products under the AMA and Level X brands for the Nevada market; and Canna Hemp, a national cannabidiol (CBD) brand of wellness products, which include tinctures, gummies, topicals and sports recovery products. The Company owns 91% of Alternative Medicine Association, LC (AMA) and 100% of Infused MFG LLC (Infused). AMA is a licensed medical and adult-use cannabis cultivation and extraction company, which produced its own AMA branded line of cannabis-based products and manufactures third-party brands. Infused produces the Canna Hemp line of hemp-based, CBD products. Infused’s product line includes topicals, creams, vapes and others.


CSE:TGIF - Post by User

Bullboard Posts
Post by BlueSky88on Aug 06, 2017 8:19pm
239 Views
Post# 26552898

Are these numbers for Real?

Are these numbers for Real?Can't wait to see July Sales..TGIF is in the right place at the right time.. No doubt about it$ Alternative Medicine Association Reaches Record Sales VANCOUVER, BC / ACCESSWIRE / July 7, 2017 / Friday Night Inc. (the Company) (CNSX: TGIF) (FSE: 1QF) is pleased to provide an update on the Companys 91% owned asset, Alternative Medicine Association, LC (AMA), which continues to achieve record sales in Las Vegas. AMA earned $902,000 CDN in gross revenues for the month of June 2017. This is a $611,000 increase over the prior months sales and represents a monthly revenue growth of 210%. This was due to the retail demand leading up to the July 1st rollout of adult-use cannabis sales. The first 4 days of legal cannabis sales in the state brought in $3 million USD which generated $500,000 USD in tax revenue. The Company expects this strong demand to continue and is planning accordingly. Due to this expected increase in demand for dried cannabis and derivative products, the Company is currently evaluating real estate options in Las Vegas, with the goal of finding a larger footprint for the AMA facility to take full advantage of the current landscape. Mr. Brayden Sutton, CEO of the Company commented, Timing is everything and we feel that every day counts in this sector as it evolves so quickly. American roots, but global growth; we have a first-mover advantage in Las Vegas that will only last so long. While we are elated with the increasing performance of AMA, we are also in a constant state of evaluating additional accretive opportunities to further our brand around the world.
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