Come join us! It’s Huge- TGIF 1933 Industries is a Burgeoning US Cannabis Company
During the last year, we have seen a significant increase in amount of investor interest in United States cannabis companies and several of these companies have multi-billion-dollar valuations. Although we find these companies to be attractive, we believe that the easy money has been made and want to highlight a company that has been flying under the radar.
The company, 1933 Industries (TGIF.CN) (TGIFF), has been in the middle of a major expansion and has been capitalizing on the Las Vegas cannabis market. One of the reasons we are excited about this opportunity is due to the focus on developing leading in-house cannabis brands. We are favorable on the focus on creating leading brands and believe that this will prove to be a major growth driver for the company.
When it comes to generating awareness at the consumer level, 1933 has been an all-star and has secured several strategic relationships with world renowned celebrities like Tony Hawk. The company was one of the few selected to include a product in the Gilt Bag and we found this to be a testament to the quality of its CBD products. 1933 has also formed a strategic partnership with a leading mixed martial arts (MMA) gym and we are favorable on the focus on extreme sports.
During the last year, 1933 has reported significant growth and we are impressed with the stronger fundamentals. Over the next year, we expect to see the company build upon its success and believe that this opportunity has been flying under the radar. When compared to a Canadian company with similar revenues, 1933 is trading at a considerable discount and we believe that this disconnect will be transitory. The company has significant growth prospects and this is an opportunity to be watching.