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 > Fins are awful

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Comment by aurorahighon Dec 29, 2020 9:44am

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Post# 32190456

RE:Fins are awful

Agreed I was starting to wonder if they could turn this around but I am impressed with Q1 results.
They have been able to lower expenses and see a 13% increase from Q4.
However cash was 2.8m last Q so significant improvements with cash burn this Q.
Id be happy with a merger/takeover if they can continue with recent improvements.
Glta

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