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Most Anticipated Earnings: UNC-T, DAN-X and more Canadian Companies Reporting Earnings this Week (Nov 27-Dec 01)One Year of Cannabis Investing: Happy Birthday, Mary Jane!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.
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, there was no coverage of 1933 Industries Inc. published on Stockchase.
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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0 stock analysts 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.
Gathering steam, just at the cusp of taking off, and then Covid hit. One piece at a time, management is restructuring and building production towards being profitable. Las Vegas continues to be a tourist destination, plus favourable US legislation.