Post by
jfogarty12 on Jan 21, 2022 9:41am
from the first news release this week
Mr. Paul Rosen, Chairman and CEO of 1933 Industries stated, "The intended acquisition of Day One strategically positions the Company at the forefront of one of the fastest growing categories in the beverage space. CBD-infused beverages are part of the healthier for you movement targeted towards a health-conscious social consumer who wants a better alternative to high-sugar drinks. With strong distribution channels already in place and an innovative approach to marketing, we anticipate Day One to be a key revenue growth driver for the Company in the future. We are also very excited about the promising synergies between Day One's management team and distribution channels, and 1933's own Canna Hemp™ line of CBD wellness products".
Comment by
whateveryousay on Jan 21, 2022 2:15pm
We have heard this before and acquisition and expansion has killed 90% or more of the cannabis companies lets hope Rosen is in the 10% of astute intelligent mangers who can actually professionally mange and grow a business.
Comment by
jfogarty12 on Jan 21, 2022 3:52pm
Sales Revenue ---equals MORE distribution channels hopefully, this move helps ...Sales have been tailing off ...the sole result of Covid 19 time will tell ,,,, patience ....this is our year 2022
Comment by
meagain on Jan 28, 2022 7:52am
"Sales have been tailing off ...the sole result of Covid 19" What are you talking about??? Vegas revenues have increased during Covid, but 1933 LOST market share. Stop the lies....
Comment by
meagain on Jan 28, 2022 7:50am
If past performance is an indicator... NO CHANCE.
Comment by
meagain on Jan 28, 2022 7:49am
"With strong distribution channels already in place and an innovative approach to marketing, we anticipate Day One to be a key revenue growth driver for the Company in the future." Um that's terrible news. We spent how much on this 67K square foot facility but we are banking on a near bankrupt company to be a key revenue growth driver??? YIKES.