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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 Arbutus22on May 21, 2021 7:22pm
151 Views
Post# 33252820

RE:RE:RE:RE:RE:Below .09

RE:RE:RE:RE:RE:Below .09 Dash, fully agree with your optimism. We're in a broad risk off period where small caps are being unloaded. Pot in general has moved nowhere since hitting Feb highs. 1933 got a temporary bump from the pp @ .11 but interest has since waned. We've been trading less than half of average volume for some time now. Today traded +300,000 shares. That's a measly 27k.

No news from management doesn't help but isn't surprising, i.e., Rosen is not one to excessively hype 1933; releases news only whan there's substance, and has already done several youtube posted in depth interviews. On the issue of debentures, one could see this as positive or negative. I'm choosing the glass half full picture b/c: having raised 5m via pp in March, Rosen positioned the company, financially, for at least 12 months. Rosen is a guy who has a Plan A, B and C. He's trained as a lawyer; this is how lawyers think. Not extending debenture maturity dates, I'm guessing was on the planning list. Respectfully, I do not take the press release as a negative. The act of not extending maturity date was a material event that needed to be reported. That's it; nothing more to say. 

IMO, like any capable CEO, Rosen is has the long game in mind. Sure we'd all love to see sp run tomorrow. But as long as Rosen is building the business, and showing results, sp will run when it runs. With NV 100% open in less than two weeks, and based on reported revenue from Planet 13,  as well as increasing sales across the country, I don't see anything but blue sky (maybe choked with  a bit of smoke) for TGIF. It's just going to take a bit longer. 
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