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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 Sep 25, 2020 5:20pm
277 Views
Post# 31624060

FROM BNN

FROM BNNOregon sees recreational cannabis sales well above forecasts during pandemic

Oregon said sales of recreational cannabis have surpassed expectations, with revenue more than 30 per cent above forecasts since the pandemic began, according to Marijuana Moment. The state's Office of Economic Analysis said sales have mirrored other states like Colorado, Washington and Nevada which have also seen strong gains since the pandemic began. “Factors leading to increases in sales include higher incomes due to federal support, increased stressors in everyday life, reductions in other forms of entertainment or recreational opportunities, and simply more time on one’s hand be it due to a COVID-related layoff, or increased working from home,” the report said. Monthly cannabis sales have averaged more than US$100 million over recent months, according to an Oregon Liquor Control Commission (OLCC) report.
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