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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 BiLowGetHighon Jan 18, 2022 4:05pm
303 Views
Post# 34330219

From Lets Toke

From Lets Tokehttps://www.letstoke.biz/_files/ugd/449582_bc6d1a0b6446483797e254f3c5ebb0c3.pdf

Conclusion: After speaking to Paul Rosen, I am convinced that 1933 is on the road to recovery. I believe Rosen is bringing large cap management solutions to a small cap company. The plan is 46 deceptively simple: increase sales, decrease expenses, manage cash outflows and strengthen the balance sheet. What is different are the steps being taken to ensure these things happen. Rosen’s description of what has been done, gives me the confidence to believe it will be accomplished. Certainly, there has been dilution. The changes to the terms of the convertible debentures and the recently announced share offering are cases in point. However, this dilution is necessary to correct the problems of the past. What investors are faced with is moving ahead from here. I would look for some minor improvements in the current fourth quarter ended July 2020. But I look forward to the next two quarters indicating the trend with revenues meaningfully higher, gross profit and gross profit margins improving and the cash burn rate declining. From its current level of $.07 per share, I think the shares will provide above averag
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