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1933 Industries Inc C.TGIF

Alternate Symbol(s):  TGIFF

Healthcare Cannabis 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
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Comment by jfogarty12on May 31, 2020 9:52am
190 Views
Post# 31093305

RE:RE:RE:RE:RE:RE:RE:RE:Convertible interest payment June 30?

RE:RE:RE:RE:RE:RE:RE:RE:Convertible interest payment June 30?MAYBE  TGIF  SHOULD  SEE  A  CANADIAN BANK!! ???????

Organigram restructures debt deal with BMO, lenders

Organigram Holdings said Friday it struck a deal with the Bank of Montreal to modify the terms of some of its debt. Organigram has a $115-million term loan and $25-million credit facility with BMO as well as three other lenders, the company said in a statement. The new agreement extends the final draw deadline for the term loan to the end of July, adjusts certain financial ratios the company needs to adhere to, and removes the option to increase the loan by an additional $35 million. Raymond James analyst Rahul Sarugaser said in a report that Organigram will remain "unhindered" by the new lender adjustments given the company's "very positive current trajectory."

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