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 Freebirdson Feb 25, 2021 2:12pm
119 Views
Post# 32659789

RE:SAFE act

RE:SAFE act
theTransporter wrote: It seems like the democrats kept trying ot hammer through the SAFE act when Republicans ran the senate, knowing it would not get through, but now that they have control of both the house and senate, they just taking their sweet @ss time now to push it through?  WTF...


I agree, it was now senate Majority Leader Chuck Schumer who brought it to to senate last May and it and MORE were passed overwhemingly!

it was thought to be passed in the 3 Trillion dollar covid bill last year due to the fact that Cannabis was deemed an "Esential Service" from the Feds.... and it was a no brainer Congress should have approved it but dirty Mitch (now minority leader) as usuall blocked it.

There are some extremely important items that need to pushed through in the new covid stimulus and right now SAFE or MORE are not one of them but that doesnt mean it wont be top of the agenda immidiatly after IMO these WILL be passed this year sooner than later.

Cannabis is an essential service and they need to protect that industry immidiately!
Executive order?

To get a sense of what’s most likely to happen in 2021 we’ll look at where several key Biden administration officials stand on federal marijuana reform:

  • President Joe Biden – Biden’s current position is that “we should just study [marijuana] and decriminalize it.”
  • Vice-President Kamala Harris – During the vice-presidential debate in 2020 Harris promised that she would work with Biden to “decriminalize marijuana and […] expunge the records of those who have been convicted of marijuana.” In the Senate she introduced the Marijuana Opportunity Reinvestment and Expungement (MORE) Act to decriminalize cannabis and co-sponsored the SAFE Banking Act.
  • Xavier Becerra, Department of Health and Human Services – Becerra, California’s Attorney General, has publicly advocated for federal marijuana reform. In 2017 he said, “we’ve realized it’s better to regulate than criminalize marijuana use” and in 2018 he co-signed a letter sent by 17 Attorneys General to Congress urging them to pass the SAFE Banking Act.
  • Senate Majority Leader Chuck Schumer – Schumer introduced the Marijuana Freedom and Opportunity Act to decriminalize marijuana and was quoted in 2020 as saying, “My commitment is that if I am leader, I am going to do everything I can to put the Marijuana Freedom and Opportunity Act on the floor of the Senate. The odds are very high it will pass.”

Taking those positions into account, it seems highly likely we’ll see marijuana decriminalized and/or protections put in place to protect financial institutions that bank marijuana businesses. It’s likely versions of the MORE and SAFE Banking Acts will be passed by Congress now that Democrats control both the House and the Senate, but should those efforts stall out it’s been suggested that Biden is not opposed to decriminalizing marijuana by executive order.

<< Previous
Bullboard Posts
Next >>