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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
Post by jfogarty12on Apr 05, 2020 9:46am
169 Views
Post# 30880387

Summary

Summaryafter watching the video:

   It  seems like mgmt is being responsible 
with their 9 million cash balance and has stream_lined 
expenses ...maybe invest in a trimmer like Supreme
to cut expenses even further in the long run --

the problem is Sales numbers
  they just aren't there ...a  long ways away from the 100 million
forecasted a while back for the year 2020 --

3.1 million was sad   combined with 3.9 the quarter before
next quarter now will be critical  to see if this gets turned around??
Bullboard Posts