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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 DashForCashon Dec 12, 2020 4:53pm
146 Views
Post# 32094068

RE:RE:RE:RE:RE:Q1Finacials

RE:RE:RE:RE:RE:Q1FinacialsA very logical approach Fogell and I would support that depending on the share price and the number of shares on the table of course - but this angle is likely near the top of their mind as it relates to, hopefully, getting into the dispensary side of things which we really need to do.  The other option of course is using debt.  Once cashflow positive, we have the ability to service debt without adding to the float.  The challenge with that strategy is the interest rate we would be paying.  Without likely access to traditional lenders, we would be probably looking at something well into the latter "teens" for an interest rate and that is unlikely to make any sense unless borrowed over a very short period of time.
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