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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

Comment by OracleOfOntarioon Dec 12, 2020 4:29pm
170 Views
Post# 32094030

RE:RE:RE:RE:Q1Finacials

RE:RE:RE:RE:Q1FinacialsDispensaries are not part of the game plan. 1933 is all about brands and it's likely to stay that way. Why you may ask. Because it allows them to sell their array of products in the major players like Planet 13, Essence, and Reef without directly competing with them.

There are huge overheads with operating brick and mortar retail. More expenses is the last thing 1933 needs in the foreseeable future. I for one appreciate the brands strategy. It will payoff in the long run. For example, Who makes more money? Pepsico or the stores who sell Pepsico products. 

Just my two cents
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