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

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Post by ezemoneyon Dec 30, 2019 7:20pm

217 Views

Post# 30503287

Financials Released: Plunging NAV An Issue

NAV plunged to .13c/sh due to app. 25% increase in losses and 25% increase in dilution from a year ago.

Company appears well managed.
I'm seeing write offs of discontinued operations all over the market place but not here.
Some are just disgusting how they blew away shareholders equity.

The stock is pricey compared to peers. I would buy on a dip but not now.

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