1933 Industries Inc C.TGIF

Alternate Symbol(s): TGIFF

Healthcare 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.

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1933 Industries Inc > How we doing?

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Comment by upinzmokeon Nov 30, 2020 9:53am

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Post# 31999549

RE:RE:How we doing?

Fiscal 2020 Financial Highlights

Fiscal 2020 Consolidated Results
	July 31, 2020	July 31, 2019
Revenues	$11,962,525	$18,059,774
Gross margin	$2,284,674	$5,296,980
Cash balance	$2,761,542	$17,613,900
Net loss	($22,203,622)	($19,111,991)
Comprehensive loss	($21,336,883)	($19,011,564)
Adjusted EBITDA loss	($16,851,443)	($10,113,913)
Basic and diluted loss per share	($0.08)	($0.08)
Current assets	$7,788,920	$23,966,423
Total assets	$46,584,470	$61,654,094
Current liabilities	$1,682,635	$1,429,439
Total liabilities	$27,132,288	$24,465,690
Equity	$19,452,182	$37,188,404
Quarterly Comparisons	Q4 2020	Q4 2019
Total revenue	$2,388,010	$5,244,946
Gross margin	$63,177	$430,706
Cash balance	$2,761,542	$17,613,900
Net loss	($7,236,277)	($5,688,422)
Comprehensive loss	($8,426,832)	($6,589,671)
Adjusted EBITDA loss	($7,196,520)	($4,287,416)
Basic and diluted loss per share	$0.03	$0.02
Total assets	$46,584,470	$61,654,094