1933 Industries Inc C.TGIF

New extraction lab

[ALWAYSFRIDAY]

Before Covid hit 1933 had permits to upgrade their 12 000 sq. ft, plant for a new extraction lab that would alow them to capture not only CBD but CBC,CBG amd CBN. The plans were put on hold to conserve money, Now things are looking better to complete this upgrade will take 4-8 months (if you believe anything old management says), but if Paul can get er done faster fiscal 2022 will be an epic year.
   TGIF_NR200122_EN.pdf (thecse.com)

[Dillinger4]

Fantastic news. "The proprietary FDA level, state-of-the-art hemp extraction system has been designed to extract CBD oil with an average efficiency rate of 2.3 times greater than the current industry standard, thereby cutting costs by at least 50 percent."

[theTransporter]

CBD is such a saturated market in the US and has experienced insane price compression. My gut feeling is Rosen is going to make that 12,000sq.fr facility into more cultivation space. Flower is in high demand in Nevada and for him to want to build more cultivation space now means they must be at 100% production capacity out of their current 70,000sq.ft space, selling 100% of what they produce, and

[Dillinger4]

Without federal legalization CBD is Rosens reach out of Nevada. He obviously had a reason to upgrade the exicting CBD/hemp facility. My guess CBD is selling more than he expected in the CBD Plus stores. I would of like to hear some news about a dispensary but I guess it is not needed since not every existng despensary in Nevada owns a cannibis cultivation facility.

[DashForCash]

I am totally in that camp as well...we need to bang out more high end killer quality flower as we are selling - to quote Rosey Rosen - "every gram we produce." Let's also, importantly remember, we have some of the highest quality - highest margin to the house - coveted award winning  (12-14 trophies?) brands out there.   And though Vegas demand has exploded - it has

[Dillinger4]

Remember Rosen saying the 67,750 sq. ft. facility has a 90 lamp expansion.