1933 Industries Archives

StaffJanuary 3, 2024

The Daily Hit is a recap of the top financial news stories for Jan. 3, 2024. On the Site DEA Reminds Congress it has ‘Final Authority’ on Marijuana Rescheduling The Biden Administration’s Drug Enforcement Administration reminded members of Congress this week that despite last year’s rescheduling recommendation, it retains “final authority” on where cannabis will […]

Debra BorchardtJanuary 3, 2024

1933 Industries Inc. (CSE: TGIF)(OTCQB: TGIFF)started the new year by releasing its unaudited interim consolidated financial statements for the first fiscal 2024 quarter ending October 31, 2023, in Canadian dollars. 1933 reported revenues of $5.5 million, an 11% increase from $5.0 million for the fiscal 2023 first quarter. The company attributed the increase to the […]

Debra BorchardtOctober 27, 2023

1933 Industries Inc. (CSE: TGIF)(OTCQB: TGIFF) said in a corporate update that it stands to gain from changing tax laws in Nevada at the beginning of 2024. The Nevada Wholesale Marijuana Tax (WMT) will go into effect on January 1 and it changes how companies are taxed under the fair market value calculation. Tax Cut Under […]

Debra BorchardtJanuary 5, 2021

Last week 1933 Industries Inc. (CSE: TGIF)(OTCQX: TGIFF) reported its first-quarter financial results for the period ended October 31, 2020, in Canadian dollars. Total revenues were $2.7 million, a 13% increase from the previous quarter. The company said that the increase was attributed to its launch of cannabis flower and pre-rolls in the Nevada market. […]

Debra BorchardtJuly 17, 2020

1933 Industries Inc. (CSE: TGIF) (OTCQX: TGIFF) reported that it has agreed upon a non-brokered financing of up to C$5,000,000. 1933 said that the offering will consist of the sale of up to 66,666,666 units at a price of C$0.075 per Unit. The offering is expected to close on or about August 14. The stock was lately […]

Debra BorchardtNovember 29, 2019

1933 Industries Inc. (CSE: TGIF) (OTCQX: TGIFF) reported that its revenue increased 44% to $18.1 million in Canadian dollars for the fiscal year ending July 31, 2019. The revenue for 2018’s fiscal year was $12.5 million. Still, the company reported that it had a net loss of $19.1 million. 1933 noted that $5.0 million was […]

Debra BorchardtOctober 2, 2019

Vape products, once considered the rising stars of the legal cannabis marketplace have struggled under the weight of the vaping crisis. Massachusetts banned all vape products for four months in order to err on the side of caution while the issue is investigated. Around the middle of August, vape product sales began dropping according to […]

William SumnerMay 15, 2019

It’s time for your Daily Hit of cannabis financial news for May 15, 2019. On the Site CNBC’s Tim Seymour Goes One On One With SLANG’s CEO Peter Miller Miller talks about the early days of cannabis legalization in Canada, the fast growth of SLANG and new products being launched by Firefly. Watch Now Illinois’ […]

StaffApril 8, 2019

It’s time for your Daily Hit of cannabis financial news for April 8, 2019. On The Site POSaBIT Seattle-based fintech company, POSaBIT began trading this morning on the CSE under the ticker PBIT. The company that serves cannabis retailers by delivering bitcoin-enabled payment processing and point-of-sale systems, with built-in compliance features customized to the state each retailer operates […]

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Tag: 1933 Industries

The Daily Hit: January 3, 2024

1933 Reports Steady Progress On Financial Goals

1933 Industries Has High Hopes For Nevada Tax Break

1933 Industries Soldiers On Despite Nevada’s Lack Of Tourists

1933 Industries Gets C$5 Million Private Placement

1933 Industries Revenues Rise As Company Tries To Cut Costs

Vape Sales Showing Signs Of Recovery From Crisis

The Daily Hit: May 15, 2019

The Daily Hit: April 8, 2019

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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