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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

Post by Fogellon Feb 15, 2021 10:09pm
188 Views
Post# 32570547

280 E tax

280 E tax Looking at cannabis in general. The repeal of 280e tax on cannabis companies, to allow them to operate like another other business, would reduce tax rate from crazy azz levels. Say Nevada for ex, if 1933 could access a loan and not be subject to 280e, they could have extra cash to invest in company. Looking at the biggest players say Truelieve or gti, who pay Florida state millions upon millions through 280e. Why push to have safe banking ? Wouldn't the state lose revenue at an effectively lower tax rate. What am I missing here. Cause for f*uck sure I want the reform and GOD damn I want safe banking to go through
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