Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 DashForCashon Dec 29, 2020 9:20am
187 Views
Post# 32190268

RE:Fins are awful

RE:Fins are awfulWell we see it differently on some points SoCal and similar on others...agree in the wish that current management was here earlier and we agree on positive significant expense reduction. However, as it relates to cash at $2M, I see the next Q as cash flow positive and therefore the potential end of the burn. The share count increase was already public so no news there. I have long stated my opinion on the float being of a concerning level, but nothing new with this release. Also don't forget that the majority of warrants outstanding will not be in play and will expire.  I also don't believe in looking at y-o-y revenue as that was another team. I thought revenue bottomed at $2.4M last quarter and was attributed in a final way to Chris R. and team - I now see this Q release today as the early days of the new management team and it reflects growth to circa $2.7M off of Q4 - not huge, but I didn't expect it - what I wanted to see was a reversal of the revenue trend - which occurred in a positive way in their short time at the helm - and I wanted to see serious expense reduction and that happened in a substantial way.  I am very pleased with these results. You are are not and are fully entitled to your opinion and I respect that. I will continue to buy whether the market likes what they see or not. Great step forward today in my opinion - and not meant to influence anybody in any way...DFC
<< Previous
Bullboard Posts
Next >>