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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 Tradertimestwoon Apr 15, 2020 10:02am
68 Views
Post# 30911227

RE:RE:RE:RE:RE:RE:Dear baby Jesus

RE:RE:RE:RE:RE:RE:Dear baby Jesus Yes. I think 6-12 months is about right for a vaccine. It WILL be an uneasy ride. I think there is a lot TGIF can do to preserve cash as well as find ways to make more. People are still buying, its just getting the products to them. Like i said. Bashers like to chirp in like the post below. But other than Trulieve i dont see any mj outfits positioned better right now than TGIF to get thru these times. (SP being irrelevant) Thats why bashers have no reply to requests on comparing other companies and thier own investing histories are laughable at best. TGIF will hopefully survive and thrive as was thier own words. They are by ALL accounts positioned very well and at a sales/MC of 1:1. No fault of thiers as to the shytty shareprice. Only buyers anx volume can protect the SP and not many buyers for MJ in this world environment.
Easymoney123 wrote: Hey Tradertimestwo, Just wondering you think the timeline for a vaccine?  I have heard a vaccine could be ready for Sept at the earliest and 16 months to 2 years being a more realistic timeline.  Vegas is a tourist driven place and with there being no vaccine for many months to come even if Vegas did re-open would people travel there?  TGIF has 9 million of cash on hand but how long can that last?  TGIF has somewhere between 6 and 12 months of operating cash depending on next quarters results.  Is it possible for TGIF to break even or turn a profit if Vegas is shut for a long period of time???  TGIF doesn't really have a plan B to raise capital in this type of market place.  Dilution would crush the share price at this point.  Any thoughts?


Bullboard Posts