Cannabis survivor? He still owns it and likes it. He thinks it will survive and will thrive eventually. When they combined the infused and THC divisions they have grown both facilities. It took time to get them through a full harvest. Their primary market is Nevada, which is not able to be in full growth mode yet, but things are opening back up there. He likes their management and likes the deals in California that are leading to high margin brands being developed.
It is in Las Vegas and a bit in California. It was last summer they got everything up and running. They were just about to be producing in February when the rug got pulled out from under them. They are now only home delivery. They have a great reputation. It will come back well.
(A Top Pick Jul 25/18, Down 7%) Still owns and likes it. They've been ramping up their facilities in Las Vegas. It's been taken longer than expected, but the are starting harvesting. New extraction and new facility should help the stock rise nicely.
A cannabis player focussed in Nevada with a CBD and THC lines that they can sell throughout the U.S. They have a head start on their competitors. They have an extraction specialist who helps produce a lot of products licensed for Nevada. Their products are super-high margins and often sell out, but they've had small cultivation facilities. It's hard to get trimmed product in Nevada, but that will change when they open an 80,000-square-foot facility in Las Vegas. TGIF is a core position for him. Their new operations should start working in the fall which will boost revenue and cash flow. Investors expect facilities to start working sooner, but he expects a significant boost in revenues 18 months from now.
Two of their three divisions are big: CBD and THC in Las Vegas. They have human and pet CBD's delivered through dispensaries, but the Farm Bill will open up their expansion. THC division has products in strong demand in Vegas. Their problem is in getting enough supply. 1933 is moving into a new facility and show see new crops in August to ramp up their production in Q4. They plan to expand into other states. An under-the-radar stock.
A cannabis producer with operations in Nevada -- the first in the state. They operate a THC and CBD division. They are some of the best in extraction of concentration products. He thinks this will be a big year for them as he sees their operations growing from 10,000 square feet to about 100,000 square feet. They are selling out of everything they can produce in Nevada. There are rumours they move into California or Colorado.
1933 Industries Inc. is a Canadian stock, trading under the symbol TGIF-CN on the Canadian Securities Exchange (). It is usually referred to as or TGIF-CN
In the last year, 1 stock analyst published opinions about TGIF-CN. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for 1933 Industries Inc..
1933 Industries Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for 1933 Industries Inc..
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1 stock analyst on Stockchase covered 1933 Industries Inc. In the last year. It is a trending stock that is worth watching.
On 2019-10-24, 1933 Industries Inc. (TGIF-CN) stock closed at a price of $0.26.