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

1933 Industries Inc

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Comment by Tradertimestwoon Sep 25, 2019 7:08pm

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Post# 30165067

RE:RE:Let’s compare TGIF to Canopy and ACB!!!

Oh wait..canopy growth hasn't nosedived from $70 to $30?...silly virgo.

virgo85 wrote: LOL........ NO COMPARISON, PLEASE.......TGIF is on nose dive ........
Easymoney123 wrote: First off I realize that Canopy and ACB are much bigger companies but let’s just take a look and compare just for fun.

Canopy has 337 million share outstanding and a market cap of 11.37 billion dollars. Canopy’s share price is currently $32.69. They had net revenue of 226 million Canadian. They received a significant investment from Constellation Brands of around 5 billion. Canopy’s stock is very close to its 52 week low at this current price. Not too long ago Canopy had a market cap over 20 billion dollars and a share price of 76.78. There is tons of future expectations built into this stock. This company has a price to sales of 34.53 at the moment and around 3.4 billion in cash which is down around 1.4 billion. This company is getting a crazy price to sales ratio at the moment. Even if they have sales of 1 billion for 2019-2020 at 11 times price to sales there curent market cap would be justified.

ACB has 1.03 billion shares outstanding and a market cap of 6.426 billion dollars. ACB had net revenue of $247.9 million. ACB has a current share price of 6.33 which is close to it’s 52 week low. ACB has 52 week high of $16.24 which would give them a market cap of 16 billion. ACB has a current price to sales ratio of 25.73. Again even if ACB has net revenue of 1 billion 2019-20 and price to sales of 16 that could justify a 16 billion market cap.

TGIF has 282 million shares outstanding and a current market cap $87.49 million. TGIF had sales of 18 million. Right now TGIF has price to sales ratio of 4.86 at the moment. This company has completed a 5x expansion and is almost finished a 5x expansion for extracts as well. This expansion will add significant revenue for TGIF. They have expanded into California. They have added many brands into their portfolio. They do have warrants and debentures oustanding which could take years to fully be exercised. I believe they have 17 million debentures outstanding which costs 1.7 million in interest a year. At full dilution this company could have around 377 million shares outstanding. It has been estimated at full capacity which is expected for early 2020 this company could generate 100 plus million a year in sales. This company has no debt aside from the 1.7 million yearly debenture interest payments. They have around 18 million in cash as well. TGIF deserves to have a way higher price to sales ratio and they are in a much better position to become profitable company faster then ACB and Canopy. 100 million in sales and 15 x price to sales ratio which isn’t even close to ACB or Canopy would give this company a 1.5 billion market cap. Please try and explain how this isn’t achievable and completey justifiable.