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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 ALWAYSFRIDAYon Dec 23, 2021 8:32am
357 Views
Post# 34257330

Realist but hopeful

Realist but hopeful   I found an article from the 2021 summer in Las Vegas. It re-opened in June, and that probably didnt ramp up to pre-pandemic levels till July. 1933 would have reduced their crop levels to avoid a large inventory build. The Vegas ramp up would just use up some of their invrntory. That basically gave them one month of decent sales in the 4th quarter. It takes three - four months to grow a crop, trim it, package it, get it to the dispensories and sell it, I'm not trying to be a downer but their ramp up won't be realised until the 2nd quarter IMO.
   The article is from May.

Summer of 2021 in Vegas Without the WSOP; What to Expect (cardschat.com)


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