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 SwissCheese89on Dec 21, 2018 11:55am

60 Views

Post# 29146574

RE:RE:RE:Ouch

Brayden said the company should be profitable in the next quarter absolutely (Q2 2019). The interview (middas letter 2:57) was end of September. So let's wait and see.

BaitingBateman wrote: TGIF is literally AMA & Infused, well, atleast 91% of them. A $3m loss cetainly isn't attributed to Spire.

Point is, if you're subsidiaries were profitble, Parent Co. would be profitable.

Profitability was projected in Y1, 5 q's down and their still a ways off. Q2 certainly won't be much better.

ClarenceSwoon wrote: Brayden said that AMA and Infused are profitable and 1933 will be "soon".

Patrick2Bateman wrote: Market isn't going to like these financials. Big loss... Brayden said they would be profitable this Q, did he not? Or does he mean this Q (Q2?)

BATEMAN