1933 Industries Inc C.TGIF

Alternate Symbol(s): TGIFF

Healthcare Cannabis

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

Bullboard Posts

Comment by ezemoneyon Mar 31, 2020 6:36pm

57 Views

Post# 30866231

RE:Q2

The stand out this quarter was the cost of sales which really balooned so every gram sold is a loss on the top line and gets worse from there.
It would be interesting to know why, maybe the answer is in the md&a but I don't care enough to glean through it.

NAV stable at .06-10c/share depending on the intangibles.
No reason to buy at this point so wait yet another quarter in a bad MJ and stock markets.

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages