1933 Industries Inc C.TGIF

Alternate Symbol(s): TGIFF

Healthcare Cannabis

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.

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1933 Industries Inc

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Post by jfogarty12on Jun 29, 2021 10:55am

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Post# 33465850

fantastic improvement -- most have net losses!!!

Q2 2021 Financial Highlights

	Q3 2021	Q2 2021	Q3 2020
Revenues	$3,370,510	$3,406,826	$2,554,067
Gross margin	$2,467,154	$1,694,994	$912,310
Expenses	$1,884,481	$3,104,154	$5,641,997
Net income (loss)	$582,673	($1,409,063)	($4,729,687)
Comprehensive loss	($513,716)	($2,745,087)	($2,915,923)
Adjusted EBITDA (loss)	$1,404,081	($117,741)	($3,145,271)
Basic and diluted loss per share	($0.00)	($0.00)	($0.02)
Cash balance	$5,918,633	$1,687,750	$2,761,542
Total assets	$47,036,485	$43,500,424	$46,584,470
Total liabilities	$19,293,232	$24,656,642	$27,132,288
Total equity	$27,743,253	$18,843,782	$19,452,182