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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
Comment by Easymoney123on Apr 16, 2020 6:47pm
140 Views
Post# 30919237

RE:RE:RE:RE:RE:It's Amazing How The Shorters Work The Board Over

RE:RE:RE:RE:RE:It's Amazing How The Shorters Work The Board OverI am simply holding my cash and waiting to see what happens.  I like TGIF as a company but I am not sure that the 9 million in cash is enough to last.  If I feel that TGIF will survive I will simply buy back in even if the price is a bit higher then when I sold.  This covid-19 virus is something no company or investor could have seen coming.  It's not TGIF 's fault that this happened but it did.  I mean I don't see the share price going up too much with all this uncertainty.  Even if the economy does re-open what do you think will happen?  We will see a major spike in people getting infected and then what?  I really want to see what next quarter looks like and see what the losses are.  Then I can decide if I want to buy again.  An event like this has never happened in a modern economy so how can anyone really know what to expect? It's much safer to hold cash in this type of environment.  That's just my opinion.  Not sure how I am bashing TGIF as for months I have been talking how I believe in this company.  How was I supposed to know a virus was going to spread world wide and crush many economies simultaneously?  
Bullboard Posts