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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 meagainon Dec 02, 2021 9:11am
264 Views
Post# 34189244

Future growth from where???? From Management MD&A

Future growth from where???? From Management MD&AGood lord, reading the MD&A is depressing AF. Where is growth in Revenue going to come from when you read this?

https://webfiles.thecse.com/TGIF_210731_MDA_Q4_SEDAR.pdf

"Although the overall demand for cannabis remains quite strong in Las Vegas, a significant increase of flower supply in the market is putting downward pressure on pricing. Softening sales trends in the concentrate market segment and lower crop yields contributed to lower-than-expected sales during Q4 2021. The Company is currently readjusting pricing for AMA as a value brand, while increasing cultivation for Level X as its premium tier"

Wow.... I thought AMA was a supplier of Premium Cannabis... I guess those were all lies...Now it's going to become the No Name Walmart value brand????

I suppose readujsting pricing wont impact the bottom line?? 

WTG Rosen!!! 
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