1933 Industries Inc C.TGIF

Alternate Symbol(s): TGIFF

Healthcare Cannabis

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

1933 Industries Inc

Bullboard Posts

Comment by Sonali1997on Jul 02, 2018 5:41am

68 Views

Post# 28258323

RE:Correct my math if I am worng.....

Great... Happy Canada Day July 1sr..... now looking forward to Great July 4th. USA.....Let's go TGIF. and USA..I like your multiple of 60 at the end of 2019...

BullMarket74 wrote:
So it seems that TGIF has a PE multiple of under 10 at the moment. In 2017 it was stuck under 10 until the end of the year when it finally caught up to the rest of the herd and ran up to a PE multiple of almost 60 - ($0.20 to $1.48)

We know that all of the Canadian based MJ plays trade around a PE multiple of 30-40 and the top plays around PE 60 or higher.

I'm not the best at the math so please correct me if I am wrong but if we see an end of year run again (Which has been a constant in the USA MJ market the last 7 years and a constant in the Canadian market the last few years) TGIF could see a SP of anywhere from $1.90s to $2.70s

For the future on a 67,000 sq foot space I think the PE multiples could be the following....

P/E 10 - $0.78
P/E 20 - $1.57
P/E 30 - $2.36
P/E 40 - $3.14
P/E 50 - $3.93
P/E 60 - $4.71
P/E 70 - $5.50
P/E 80 - $6.28
P/E 90 - $7.07
P/E 100 - $7.86

The future looks very bright in my mind for TGIF. My guess is a new 52 week high end of the year and we reach over $2.00. Then the usual healthy pull back and once financial reports starting coming in with the full 67,000 sq feet operational - along with the reshceduling of MJ and other key factors - I'd have to agree with the one poster from a while ago (Think it was P.Bateman) that we hit an SP price of $4.00 - $6.00 in 2019

What's your thoughts?