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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 howie65on Nov 30, 2021 3:55pm
160 Views
Post# 34181997

RE:RE:RE:RE:RE:On a more positive note

RE:RE:RE:RE:RE:On a more positive note

Needle and the spoon buddy - hooked as well.
At least you are above water on this, frustration and loss for those underwater still.

Covid seems to have little impact here. If had an impact we should be at .04 

The lack of new clients is the concern. 

143% increase in inventory- they could have mentioned the expectation to sell out the new surplus inventory and what the sell thru is last quarter, we could read into those results (new Covid aside until we know more about travel impact) this would induce some further confidence.

Monthly reports -NA on new client acquisition more dooors sold into-  if not they may as well stuff mattresses with  the excess they have created.

Cost reductions great, improving margins fantastic, cash on hand to burn gives breathing space. All positive as long as they keep up product turns at retail.

Hoping for better, going forward is the mantra. Too quiet in news releases regarding above positives 


GLTA

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