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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

Comment by Fogellon Dec 12, 2020 5:57pm
257 Views
Post# 32094208

RE:RE:RE:RE:RE:Q1Finacials

RE:RE:RE:RE:RE:Q1FinacialsI agree with Oracle about the brands strategy. That was always the plan at 1933 and if it is executed at scale, it is the most advantageous. But the problem with this company had been incompetence and lack of execution, that has derailed the brands strategy. 1933 is in those brick and mortar retail stores mentioned above.. but we are going to see if it's the scale of the new facility and whether or not these brands translate into sales. These guys have to get the share price to 0.15 cents to covert the debentures and clean up the unsecured debt. This can happen if they get to cashflow positive. After that use the money to buy dispensary and get a prescense in Nevada or further build out there distribution and push brands strategy or buy back shares from this high float. Going to see in a quarter or 2.
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