Company
1933 Industries Inc.
OTCMKTS: TGIFF
1933 Industries is a vertically-integrated, 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, 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.
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1933 Industries records C$1.4M in total sales and open orders for January
The company said it has never been in a better position to achieve sustainable and profitable top line revenue growth going forward
1933 Industries announces launch of a new e-commerce website for its Canna Hemp brand
With the goal of enhancing the user-experience, the group said the new website features more intuitive navigation and improved education to assist consumers select wellness products that suit their individual lifestyles and needs
1933 Industries sees 1Q 2021 revenue climb 13% quarter over quarter on strong Nevada consumer demand
"Every decision and action that we have taken has moved us closer towards achieving our targeted goal of accelerating our path to profitability,” said company president Eugene Ruiz
1933 Industries expects stronger finances in fiscal 2021 as it looks to grow Nevada market share
The company hopes to achieve cash flow break-even and profitability by the fiscal 2Q that ends January 30, 2021
1933 Industries signs agreement to gain 100% ownership of AMA Production
Under the deal, the company is purchasing the remaining 9% interest in AMA Production
1933 Industries to close C$918,720 private placement to help refocus business strategy on Nevada
The Vancouver-based company said it will close the placement on November 3 by offering 13,920,000 units at a price of C$0.066 for gross proceeds of C$918,720
1933 Industries to manufacture and distribute Orchid Venture products in Nevada cannabis market
Under the three-year agreement, 1933 Industries will purchase Orchid's PurTec hardware and packaging component products and proprietary terpene blends for the production of Orchid Essentials products
1933 Industries to sell its Canna Hemp line of wellness products in CBD Plus stores in US
CBD Plus has over 120 locations in Texas, Oklahoma, Kansas, Arkansas, Tennessee, Georgia, Florida, North Carolina, and Maryland
1933 Industries closes non-brokered private placement for ongoing business development
The company said that the fund infusion, the progress it has made in converting its debentures and controlling costs have "strengthened" its balance sheet
1933 Industries appoints CEO Paul Rosen to board of directors
Rosen has been involved with 1933 Industries in the capacities of strategic investor and advisor
1933 Industries launches Canna Hemp PLUS line with double the amount of CBD as part of its wellness portfolio
The company said the PLUS line is aimed at offering "competitively-priced products" with some of the “highest amounts of CBD found in the market"
1933 Industries signs deal to exclusively manufacture and distribute Five Star Brands line of cannabis beverages and tinctures in Nevada
Five Star’s Double Shot line is a fast-acting beverage that contains 20 milligrams of THC in a variety of flavors and its cannabis-infused tincture beverage enhancers allow users to mix and match flavours
1933 Industries enters high value cannabis flower market in Nevada
The company has added premium smokable flower and pre-roll joints to its portfolio of brands
1933 Industries to raise up to $5 million to pursue new business opportunities
CEO Paul Rosen told shareholders that the company has the assets in place to build a profitable, self-sustaining business
1933 Industries boosts management team with the appointment of new CFO Tricia Kaelin
Kaelin has executed high-growth strategies, increasing revenue to more than $1 billion for a privately-owned company
1933 Industries expects “prudent financial measures” to lay the ground for growth in 2020 as it posts fiscal 3Q numbers
For its fiscal third quarter ended April 30, 2020, the company clocked up revenue of C$2.6 million
1933 Industries debuts hemp version of its Canna Hemp product line
The suite of wellness products include creams, balms, tinctures, lotions, capsules and more
1933 Industries names Paul Rosen as interim CEO and Eugene Ruiz as president
The new executives will help guide the cannabis company’s strategic direction into a new phase of development
1933 Industries seeing progress on reducing production costs and improving margins as it posts second quarter numbers
The firm has reached a number of key milestones including achieving the first harvest from its new facility in Nevada and expanding cultivation and manufacturing at the California operation
1933 Industries marks the beginning of continuous cultivation in Nevada with second cannabis harvest underway
The company has spent several months optimizing its new Las Vegas facility and enhancing its genetics programme
1933 Industries remains operational in Nevada as non-essential businesses ordered closed amid coronavirus
1933’s second cannabis harvest is on schedule for the end of March, but the company stressed that it would continue to monitor new coronavirus developments
1933 Industries brings on The Green Organic Dutchman co-founder Jeannette VanderMarel as advisor
VanderMarel is also former CEO of publicly-listed 48North Cannabis Inc and Beleave Kannabis
1933 Industries harvests first commercial cannabis crop in California, expands Canna Hemp distribution
The harvest will be utilized for AMA premium packaged flower, pre-rolls and Blonde cannabis products
1933 Industries announces raft of board changes, including new chairman
Terry Taouss becomes the new chair, while Lisa Capparelli and Mark Baynes join as directors
1933 Industries updates on progress at its customized hemp processing lab in Vegas
The system has been designed to extract CBD oil with an average efficiency rate of 2.3 times greater than the current industry standard
1933 Industries subsidiary to manufacture Bloom cannabis products for Nevada market
Bloom is now sold in over 300 licensed retailers in California, Nevada, Washington and New Mexico
Buds & Duds: Cannabis stocks continue to slide; 1933 trending up on California expansion
Major cannabis indices dipped for the second day in a row this week
1933 Industries enters California cannabis market with branded CBD and THC products
It will begin manufacturing its line of proprietary CBD wellness products for sale in California dispensaries
1933 Industries expects growth in vape sales in 2020 as it posts fiscal 1Q numbers
It expects a recovery in vape sales to boost its fortunes, while it gains from expanded cannabis production in Nevada and licensing deals
1933 Industries signs second licensing deal with OG DNA Genetics
The deal will grant 1933 Industries license to the DNA brand for the production and sale of hemp-derived CBD products
1933 Industries subsidiary ventures into cannabis foods with The Pantry Company
Alternative Medicine Association and The Pantry will roll out a line of healthy cannabis-infused foods