1933 Industries still working on $5-million placement 1933 INDUSTRIES ANNOUNCES EXTENSION OF PRIVATE PLACEMENT
Further to the news release dated July 17, 2020, 1933 Industries Inc.'s previously announced private placement is proceeding. In all other respects, the terms of its financing as announced on July 17, 2020, remain accurate.
About 1933 Industries Inc.
1933 Industries is a vertically integrated, growth-orientated company, focusing on the cultivation and manufacturing of cannabis consumer branded goods in a wide range of product formats. Operating through two subsidiaries, the company controls all aspects of the value chain with cultivation, extraction, processing and manufacturing assets supporting its diversified portfolio of cannabis brands and licensing partners.
Its award-winning proprietary portfolio of brands include: AMA (Alternative Medicine Association LC) flower and AMA concentrates, as well as cannabidiol-infused Canna Hemp, Canna Hemp X, Canna Fused and hemp-specific products. Partners under licensing agreements include: Birdhouse Skateboards, Blonde Cannabis, Bloom, Denver Dab Co., Five Star Extracts, Grizzly Griptape, The Pantry Company, PLUGplay and The Original Jack Herer.
The company owns 91 per cent of Alternative Medicine Association LC and 100 per cent of Infused MFG LLC.