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1933 Industries reports Q4 fiscal 2021 and annual financial results

Stockhouse Editorial
6 Comments| December 1, 2021

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1933 Industries Inc. (TGIF) (CSE:TGIF, OTCQX: TGIFF, Forum) – a Nevada-focused cannabis consumer packaged goods company – has announced its fourth quarter (Q4 2021) and audited annual financial results for the period ended July 31, 2021 (Fiscal 2021). All amounts expressed are in Canadian dollars.


Highlights: Year Over Year Improvements

  • 72% reduction in net loss
  • 53% decrease in expenses
  • 21% increase in gross margin.

Financial statements are prepared in accordance with International Financial Reporting Standards (IFRS). Detailed information regarding the Company's financial results as well as management's discussion and analysis can be found at sedar.com and 1933industries.com.


For full story, click here.


About 1933 Industries

1933 Industries is a Nevada-based, growth-orientated company, focusing on the cultivation and manufacturing of cannabis consumer branded goods in a wide range of product formats. Operating through two subsidiaries, the Company controls all aspects of the value chain with cultivation, extraction, processing, distribution and manufacturing assets supporting its diversified portfolio of cannabis brands and licensing partners. The Company owns 91% of Alternative Medicine Association, LC (AMA), and 100% of Infused MFG LLC.


New to investing in Cannabis? Check out Stockhouse tips on How to Invest in Cannabis Stocks and some of our Top Cannabis Stocks.

For more of the latest info on Cannabis, check out the Cannabis Trending News hub on Stockhouse.


FULL DISCLOSURE: 1933 Industries Inc. is a client of Stockhouse Publishing.


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