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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 TheRealDeejon Dec 05, 2019 8:20am
86 Views
Post# 30424018

RE:RE:RE:TGIF in BNN

RE:RE:RE:TGIF in BNNThanks #Tradertimestwo. I love reading your posts and keeps me positive I am not worried about those bashers here. Besides saying that companies are loosing money they don't seem to understand how big this industry can become. According to research, the total market for weed products could grow to $ 75 billion in 2030. This seems like a huge, perhaps unrealistic, increase. Yet this seems to be not so bad when one takes into account that the illegal weed cultivation already has a turnover of $ 50 billion and the legal cultivation $ 6.7 billion turnover. The total market would therefore have to grow by only 3.0% per year in a 12-year period in order to achieve this turnover. Another thing is TGIF had 5mil loss from spire and 13mil future lease payments so the loss for the lease is not reoccurring. It is just on the books for the next 10 years. If this wasn't the case they would have 1.1mil loss and with their own biomass we don't have a loss at all. Good luck everyone.
Bullboard Posts