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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 Jun 02, 2020 5:24pm
298 Views
Post# 31103646

FROM BNN

FROM BNNPlanet 13 sees Nevada recreational cannabis market share climb to about 10%
 
Planet 13 Holdings, which operates the largest cannabis retail store in the world, reported late Monday first-quarter revenue of US$16.8 million while booking a net loss of US$1.4 million. Revenue rose by about 21.4 per cent from the same quarter a year earlier, but was impacted by the COVID-19 pandemic, the company said in a statement. The company said that its Las Vegas "SuperStore" accounted for about 10 per cent of all recreational cannabis sales in Nevada, and it has seen some success with its new delivery model. Beacon Research said in a report that Planet 13 was set for a new daily customer record in March before the pandemic set in, and could see significant market share gains if it can capture some of the Las Vegas tourism sector once it returns later this week.
Bullboard Posts