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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. The Company operates through three segments: Alternative Medicine Association LLC (AMA), Infused Mfg LLC (Infused MFG), and Corporate. Its AMA segment is focused on the cultivation and sale of medical and adult use cannabis products. Its Infused MFG segment is focused on the manufacturing of Hemp derived cannabidiol (CBD) products. 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 CBD brand of wellness products, which include tinctures, gummies, topicals and sports recovery products. The Company owns 91% of AMA, and 100% of Infused MFG LLC Infused.


CSE:TGIF - Post by User

Bullboard Posts
Comment by Tyddelon Jul 03, 2018 9:53pm
116 Views
Post# 28265218

RE:RE:New Facility Funding IR Reply

RE:RE:New Facility Funding IR ReplyThis is true. The building will be paid for by cash on hand. But if there is money needed For other reasons TGIF will go to market for capital. Ty
BullMarket74 wrote:
I actually sent a similar email the other day as well as some sedar questions and here is the reply I received today....

The cash position on the financials represents Consolidated accounts from all subsidiaries. The construction budget is complete and with regards to the NI 44 - 101 notice of intent to qualify, this is a filing to keep future options open.  The process is very intensive and takes time, so it's just a move to be ready for future opportunities, such as if an acquisition should come up where we would need more capital. I hope this helps and again, apologies for the oversight. Best regards


Bullboard Posts