guerreiro wrote: Such a discount between the price of the shares and the value of the company. It should easily go over $1.
1933 obtains CBD product distribution in 46 U.S. states
2019-02-13 09:31 ET - News Release
Mr. Chris Rebentisch reports
1933 INDUSTRIES ACCELERATES ITS CBD CONSUMER PRODUCT DISTRIBUTION INTO 46 US STATES
1933 Industries Inc.'s Infused MFG has attained product distribution into 46 U.S. states.
Infused, a manufacturer of proprietary hemp-based, cannabidiol-infused health and wellness products, continues its market penetration in the United States, where it has established its own distribution to over 600 stores. Infused's recognized brands, including Canna Hemp, Canna Hemp X and Canna Hemp Paws, are available in over 250 retail stores in California, Nevada, Arizona and Colorado, with the remainder distributed across the United States. In addition, the company has an established e-commerce presence, sales agents, a call centre, and a dedicated sales and marketing team that works directly with each retailer, building and maintaining relationships as well as providing customer service and education.
"Owning our distribution is key to our growth strategy and to our success, ensuring that our branding and messaging is properly delivered," commented Chris Rebentisch, U.S. chief operating officer. "Our operational expertise and excellence have set the benchmark for product manufacturing, distribution and compliance in Nevada."
All production is fully integrated in house, with proprietary, chemical-free formulas containing non-GMO (genetically modified organism), organic ingredients and real cannabis-derived terpenes. The company has established high standards by which CBD is formulated and all products are tripled tested -- internally and independently by a certified laboratory for quality assurance and then retested. The company's exclusive nanoparticle technology for maximum bioavailability aids in better absorption and effectiveness.
The recently adopted Agriculture Improvement Act of 2018, which legalized hemp as an agricultural commodity federally in the United States, is bringing renewed focus on the hemp-CBD industry, which, according to a recent study conducted by the Brightfield Group, could account for $22-billion (U.S.) by 2022.
About 1933 Industries Inc.
1933 Industries is a vertically integrated cannabis company with operations in the United States and Canada. Operating through three subsidiary companies, 1933 Industries owns licensed medical and adult-use cannabis cultivation and production assets, proprietary hemp-based, cannabidiol-infused products, cannabidiol extraction services, and a specialized cannabis advisory firm supporting clients in security, intelligence and due diligence. 1933 Industries owns 91 per cent of both Alternative Medicine Association and Infused MFG, as well as 100 per cent of Spire Global Strategy.
We seek Safe Harbor.