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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 Mar 22, 2021 9:40am
217 Views
Post# 32849351

RE:Numbers up

RE:Numbers upStockman - I made that assumption and declaration some time ago as well, but I am not of that belief now...I think we are exceptionally close to being profitable, but I believe it will take everybody's flavour favorite still "one more quarter."
But revenue of "$3M+ is still strong progress for Q2.  And Q3 should be a slam dunk to go over $4M+ - continuing the path required to profitability. 

However, on a related note - if and when the MORE Act is passed at some point this year - which includes the 280E tax change, I would suggest that this would instantly make us profitable.
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