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1933 Industries Inc

1933 Industries Inc (TGIF)

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sam1933 sam1933 9 months ago
Hey Birdy, i hope you're okay. people miss you on BABL board. Just let us know you're okay
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hdhick hdhick 11 months ago
1933 Industries Reports Fourth Quarter and 2023 Year-End Financial Results and Posts Record Revenues of $18.3 Million

1933 Industries is pleased to announce its fourth quarter ("Q4 2023") and audited annual financial results for the year ended July 31, 2023 ("Fiscal 2023"). All amounts expressed are in Canadian dollars.

The Company owns 91% of Alternative Medicine Association (AMA), the Company’s cultivation and production subsidiary focused on the medical and adult-use cannabis market, and 100% of consumer-packaged goods manufacturer Infused MFG LLC (Infused). The Company’s revenue is derived from wholesale cannabis sales in Nevada (AMA), and from the sale of hemp-derived wellness products (Infused) under the Canna Hemp™ brand sold across the US via e-commerce at cannahemp.com

Management Commentary
“We are pleased to report record revenues of $18.3 million for fiscal 2023, a 46% increase from fiscal 2022”, said Mr. Paul Rosen, Chairman and CEO of the Company. “We are encouraged by this milestone accomplishment, achieved despite experiencing a considerable disruption in our cultivation facility during the 3rd and 4th quarters while the Company upgraded and retrofitted its facility, which significantly reduced overall revenue during those two quarters. With those upgrades now completed, we remain focused on continuing to increase overall revenue, while also remaining committed to fine tuning our operations and continuing to cut costs. We anticipate that our disciplined approach will allow us to pursue additional growth opportunities in the future.”

Fiscal 2023 and 2022 Consolidated Operating Financing Highlights
Total revenues increased by 46% to $18.3 million in fiscal 2023 from $12.5 million in fiscal 2022. AMA revenues increased by 56% during the reporting period, from $10.9 million in fiscal 2022 to $16.8 million in fiscal 2023.
Expenses were $12.8 million for fiscal 2023 compared to $20.2 million for fiscal 2022, including a non-cash goodwill impairment relating to AMA of $4.6 million.
Gross profit, excluding fair value adjustments, was $0.6 million for fiscal 2023, compared to $3.2 million during the same period in fiscal 2022. Gross profit, after fair value adjustments, was a loss of $0.6 million for fiscal 2023 and a profit of $2.7 million for fiscal 2022. The decrease in gross profit was due to increased production and cultivation costs, delayed harvests, and lower yields while the Company upgraded and retrofitted the building’s complex irrigation and humidification systems during the reporting period.
Net loss and adjusted EBITDA were a loss of $14.0 million and $7.6 million, respectively, for fiscal 2023, largely attributed to the infrastructure updates to the cultivation facility, compared to a loss of $18.1 million and $4.8 million, respectively, for fiscal 2022.
Basic and diluted net loss per share was $0.03 for fiscal 2023, compared to $0.04 for fiscal 2022.
Cash was $1.1 million at the end of the reporting period, compared to $0.3 million in fiscal 2022.

Q4 2023 Compared to Q4 2022 Financing Highlights

Q4 2023 revenues increased to $5.6 million from $2.6 million during the comparable period. The 115% increase in revenue in the current period was primarily due to an increase in AMA revenues resulting from the completion of the retrofit and upgrades to the cultivation facility, and from the plant operating at full capacity. AMA generated significant revenue from the sale of whole cannabis flower.
Gross profit was $0.1 million in the current period compared to a gross loss of $1.9 million in the prior year comparable period.
Expenses were $9.2 million in Q4 2023 compared to $2.2 million in Q4 2022. Included in the increase were higher G&A expenses, a $4.6 million goodwill impairment, higher license fees, taxes, insurance, legal and auditing fees, and increased share-based compensation due to the timing of the vesting of previously issued stock options.

Outstanding Debentures

On November 14, 2023, Holders of 10% Senior Unsecured Convertible Debentures Due December 31, 2023, approved a proposed amendment, which authorizes the Company to pursue at its discretion one of the following settlement options:

The extinguishment of the Debentures upon maturity and the principal debt owed thereunder, excluding any interest in arrears, through the issuance of a new 10% unsecured convertible debenture (the “New Debenture”) with a two year maturity, convertible into units at a price of $0.05 per unit, each unit comprising one common share of the Company and one share purchase warrant, subject to certain acceleration provisions as more particularly defined in the indenture governing the New Debenture, or
The extinguishment of the convertible debentures upon maturity, principal debt and excluding interest in arrears, through the issuance of a Unit to the Debenture holders, each Unit being issued at a deemed price of $0.02 per $1.00 of principal, and one share purchase warrant exercisable into one additional common share of the Company at a price of $0.05 for a period of five years from the date of issuance.

As at the date of these financial statements, the Company has not yet determined which settlement option it will choose.

Financial statements are prepared in accordance with International Financial Reporting Standards. Detailed information regarding the Company’s financial results as well as management's discussion and analysis can be found at https://sedar.com/ and https://1933industries.com/investors/financial-information

Please note the next financial release dates in accordance with the continuous disclosure schedule set out by the British Columbia Securities Commission:

2023 Financial Release Dates
Reporting Quarter Release Date
Q1/2024 January 1, 2024
Q2/2024 April 2, 2024
Q3/2024 July 2, 2024
Q4/YE 2024 November 28, 2024

About 1933 Industries Inc.
1933 Industries is a Nevada-based company, focusing on the cultivation and manufacturing of a large portfolio of cannabis consumer-packaged goods in a variety of formats for both the wholesale and retail markets. Its product offerings through its in-house brands include: wholesale flower, pre-rolls, and extracted products under the AMA and Level X brands for the Nevada market; and Canna Hemp™, a national cannabidiol (CBD) brand of wellness products that includes tinctures, gummies, topicals and sports recovery products. The Company owns 91% of Alternative Medicine Association, LC (AMA) and 100% of Infused MFG LLC (Infused). For more information, please visit www.1933industries.com

For further information please contact:
Alexia Helgason, VP, IR, Marketing, Media
604-728-4407
alexia@1933industries.com
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BlueGreenPower BlueGreenPower 1 year ago
**NEWS** 1933 Industries Reports Third Quarter 2023 Financial Results

Mr. Paul Rosen, Chairman and CEO of 1933 Industries commented, "I am pleased to report on the substantial completion of the upgrade of the irrigation and humidification systems in our cultivation facility. This infrastructure undertaking was a necessary step to increase production of high-quality flower and trim for our sought-after cannabis products, which are consistently ranked as top sellers in Nevada. The upgrade will continue into the current quarter and is important for our long-term growth. Despite the construction in progress, we increased our revenue from the previous quarter. Demand for the Company's AMA products remains strong and has continued to accelerate into the current quarter."

https://finance.yahoo.com/news/1933-industries-reports-third-quarter-211700998.h

Glad to hear from Paul that demand for their products remains strong. This is backed up by recent Headset reports that currently show AMA with the #1 (Sierra Candy) and #3 (Jacked Gorilla) Pre-rolls in Nevada. They've been consistently in the Headset Top 5 for Pre-rolls all spring and summer. Also NUWU, the largest dispensary in Vegas, currently has 4 AMA infused Pre-rolls in their Top 15 sorted by popularity including, #5 Amnesia Trance, #10 Giga Bud, #11 Wedding Cake, and #15 Primitivo. AMA also has 7 of the Top 25 most popular concentrates at NUWU with 40+ currently in stock.

Looks to me like AMA has more product at NUWU than any other dispensary, Maybe it's because they sell more since they already allow consumption and don't charge sales tax? Hard to know their sales since they are a private company. I'm guessing more than Planet 13 because of their advantages to customers. Reports say Vegas should have more consumption lounges open before years end. Fingers crossed :) Like that 1933 increased revenues when other cannabis co's are reporting declines. Congrats to the whole 1933 team for creating and marketing all these popular products. GLTA

Headset

https://www.headset.io/markets/nevada

NUWU

https://nuwu.vegas/order-online-main/?dtche%5Bsortby%5D=popular&dtche%5Bcategory%5D=concentrates

CANNABIS CONSUMPTION LOUNGES ARE ONE STEP CLOSER TO OPENING THEIR DOORS AROUND THE LAS VEGAS VALLEY

https://lasvegasweekly.com/news/2023/jul/06/cannabis-consumption-lounges-one-step-closer/
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BlueGreenPower BlueGreenPower 2 years ago
**NEWS** 1933 Industries Reports Second Quarter 2023 Financial Results and Announces Ester Vigil as President

Mr. Paul Rosen, Chairman and CEO of 1933 Industries commented, "Wholesale pricing pressure continues to impact cultivators in Nevada, with lower sale prices on cannabis products experienced across the industry. In addition, the Company has chosen to deal with some legacy infrastructure issues that compressed our overall capacity this quarter. During the reporting period, the Company continued to focus on strengthening its operation. Necessary and essential infrastructure improvements to the Company's cultivation facility, including improvements to the facility's irrigation, air movement and humidification systems have been initialized and are well underway. A build-up of inventory will be the Company's priorities in the following quarters in order to increase the production of sellable dried flower and pre-rolls. We expect flower prices to stabilize in the near future, and we expect as well that the launch of consumption lounges will create a new attraction for visitors to the state and expand cannabis-related tourism. The Company is well positioned to benefit from increased demand, flower price stabilization, and the strength of its top brand and in-demand products that deliver excellent value to consumers.

Operationally, the Company has made substantial improvements in lowering its debt load, reducing expenses, and conserving its working capital over the last several quarters. The Company recorded positive Adjusted EBITDA for a second quarter in a row, a milestone in the Company's history."

https://ca.finance.yahoo.com/news/decibel-announces-end-fourth-quarter-110000653.html

I'm liking the 52% increase over last year for the last six months. Also liking the second consecutive quarter of positive adjusted EBITDA. To me $9.2 million in sales over six months with positive EBITDA is a big success to build on. Especially considering where things were when Paul took over. Hopefully the reported facility upgrades have already started to increase supply to Nevada dispensaries. Hoping for some really big spring and summer quarters. Fingers crossed :) Congrats to the team on their successes in 2022!!! Good luck to all moving forward :)

1933 Industries looking to build off strong start in 2023 with more revenue growth strategies

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BlueGreenPower BlueGreenPower 2 years ago
AMA Currently #1 In Nevada Pre-Roll Category...

Happy to see current Headset data showing AMA's Cookies and Chem as Top Pre-Roll in Nevada. Now with consumption lounges finally approved pre-rolls should be big sellers because of the convenience factor. With AMA currently top dog in pre-rolls I'm hoping they get lots of orders from newly opened lounges looking for quality value options for their customers. AMA also has the #6 selling pre-roll with their Dosi Face 1 gram option.

Liking the new Level X Premium Whole Flower releases including high THC BioJesus @ 27.16%, Ice Cream Cake @ 27.55, Grand Cru @ 25.71%, and Funeral Cake @ 25.02%. Hopefully we will be seeing some of these in the Nevada Top 10 soon. Also liking all the new concentrate flavors released just before consumption lounges open. My quick count shows 45 concentrate products currently available at Planet 13 which includes vapes. Appears they have something for everyone when the lounges open. Like :) Congrats to the team for topping the charts in pre-rolls!!!! GLTA

Headset Data Is Updated Weekly

https://www.headset.io/the-best-selling-cannabis-products/nevada-pre-rolls
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MKS420 MKS420 2 years ago
Interesting even if the EBITDA is too low, they will have to strongly increase their profitability !

"Adjusted EBITDA income of $0.1 million "
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BlueGreenPower BlueGreenPower 2 years ago
**NEWS** 1933 Industries Announces First Quarter 2023 Financial Results and Reports Record Revenue of $5.64 Million

Paul Rosen, Chairman and CEO of 1933 Industries commented, "We are pleased to announce measurable operational results. The Company achieved the highest quarterly revenue in the Company's history, recorded positive adjusted EBITDA, and increased gross margins before fair value adjustments, demonstrating that the Company is on the right track. AMA branded products are regularly listed as the top selling cannabis products in Nevada. Strategic relationships with wholesale dispensaries, higher volume of cannabis products and a disciplined approach to reducing expenses have led to a strong quarterly performance. Although competitive wholesale flower pricing pressure continues to impact producers in Nevada, the measures that we have implemented have resulted in significant progress towards executing on our goals."

https://www.accesswire.com/733387/1933-Industries-Announces-First-Quarter-2023-Financial-Results-and-Reports-Record-Revenue-of-564-Million

Happy to see 1933's value strategy is paying off with record sales. Especially when Planet 13 reported a down quarter recently. Tells me customers are looking for value plus quality and 1933 appears to be filling that need. I'll be surprised if someone doesn't buy 1933 now that they are grabbing market share from overpriced overrated competitors who are losing it. Congrats to the team on a great quarter!!!! Happy New Year!!!! GLTA :)
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BlueGreenPower BlueGreenPower 2 years ago
**NEWS** 1933 Industries Reports Fourth Quarter and Annual Financial Results for Fiscal Year 2022

Under current leadership the Company has stabilized its operations and decreased expenses from the previous year by $1.9 million, without compromising revenue. During fiscal 2022, the enhancements made to the Company's cannabis cultivation facility resulted in the doubling of yield from its previous year and provided the necessary input material to increase its production of extracted products. The Company has proven to be an experienced operator with a well-positioned cultivation facility that can continue to scale. As the market normalizes to pre-Covid levels, the Company will continue to find ways to operate more efficiently to increase revenues and achieve profitability.

https://finance.yahoo.com/news/1933-industries-reports-fourth-quarter-023500904.html

Considering the inflationary strain on consumers wallets in 2022 the company still managing to post a revenue gain for the year is positive to me. Pretty strong considering AMA customer Planet 13 just reported sequential revenues down 22%. Also encouraging for the upcoming end of December Q1 report is 1933's reported 34% increase in concentrate sales in 2022.

In stressful tight money times it makes sense that customers would want the most bang for their buck, and AMA's significant increase in concentrate sales seems to bare this out. Studies show maturing cannabis consumers move more and more to cannabis concentrates for stronger better tasting results. Stats show infused pre-rolls are the fastest growing category of all and are expected to be big sellers in Vegas consumption lounges. AMA also produces Top 10 selling regular pre-rolls including #6 SinMint Cookies, and #7 Scarlett Johansson.

To Me these annual numbers reflect the normal summer slowdown in Vegas and all the ugly write downs built up through previous managements. Still believe Paul and the team are on the right track featuring exotic cultivars infused with exotic concentrate combinations at reasonable prices locals can afford. When prices get back to normal AMA will benefit from all the market share they gained selling top shelf product at value prices. IMHO :)

Looking more forward to the fall Q1 numbers coming up end of December. They started Q1 with over $5 million in inventory so hopefully they sold through that and then some. Believe we will get a better look at a much cleaner 2023 balance sheet more reflective of current sales. Liking that the company remains optimistic and says they are confident for strong growth in 2023.
Fingers crossed for strong Q1 numbers. glta

Headset data updates weekly

https://www.headset.io/the-best-selling-cannabis-products/nevada-pre-rolls
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BlueGreenPower BlueGreenPower 2 years ago
AMA Continues To Dominate Nevada Concentrate Top 10

Recently updated Headset data shows AMA continuing to dominate the Nevada Top 10 with a 50% share of the category. This strong showing has been going on all summer and now into the fall. Not much news lately but the year end report should be out sometime this month, with the first quarter report shortly thereafter. So we will soon get to see how all these Top 10 products add up revenue wise. Personally I'm expecting record sales based on these Headset results. Fingers crossed for cash flow positive or hopefully profitability :)

Currently AMA has 5 of the Nevada Top 10 selling concentrates according to recently updated Headset Data including #3 Sin Mint Cookies Crumble, #4 Purple Skunk Sugar Wax, #6 Han Solo Hash Plant Badder, #7 Kings Fire Crumble, and # 9 Funky Monkey Badder. AMA also has 3 Top 10 Flower Strains including, #7 Sin Mint Cookies, #8 Dirty Taxi, and #10 Cookies & Chem. Lastly AMA has 2 Top 10 Pre-Rolls including Sin Mint Cookies, and 24K. It appears Sin Mint is a hit across all categories!!! Like :)

Congrats to the team for putting and keeping their products consistently in Nevada's Top Ten. glta

Headset Data Updates Weekly

https://www.headset.io/the-best-selling-cannabis-products/nevada-concentrates
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BlueGreenPower BlueGreenPower 2 years ago
**NEWS** 1933 Industries Arranges $1 Million Line of Credit

VANCOUVER, BC / ACCESSWIRE / September 9, 2022 / 1933 Industries Inc. (the "Company" or "1933 Industries") (CSE:TGIF) (OTCQB:TGIFF), a Nevada-focused cannabis consumer packaged goods company, is pleased to announce that it has obtained a line of credit of up to US$1,000,000 (the "Loan"), provided by Mr. Paul Rosen, Chairman and CEO of the Company.

https://finance.yahoo.com/news/1933-industries-arranges-1-million-231500050.html

This tells me Paul is still a big believer in 1933's future. It also tells me he expects to get repaid in a year or less. I'm guessing he crunched the numbers and believes that's a reachable target. Not having access to real time sales numbers it's hard to know how much free cash flow there is right now. I'm thinking cash flow could be way up as evidenced by all the AMA products currently residing in the NEVADA TOP 10 in multiple categories. To me it's a great sign when CEO's invest directly in their own companies. Like :) glta

https://www.headset.io/the-best-selling-cannabis-products/nevada-concentrates
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BlueGreenPower BlueGreenPower 2 years ago
AMA Now Has Three Nevada Top 10 Pre-Rolls....

Updated Headset data shows AMA going from one to three Top 10 Pre-Rolls based on units sold. Including #5 Kings Fire, #7 Gorilla Glue, & #8 24K. AMA continues to dominate 50% of Nevada's Top 10 Concentrates with #6 Sin Mint Cookie Crumble, #7 Kings Fire Crumble, #8 Gorilla Glue Badder, #9 Royal Burger Badder, & #10 Kings Fire Crumble. AMA continues to hold a Top 5 slot for Flower with #4 Sin Mint Cookies.

Expecting to see more additions in the flower category from recent High THC releases Double Solo Burger 26.28% & Kings Fire 26.82%. Both are currently in the Top 20 at Planet 13 sorted by popularity. Plus all new concentrates using these same fire genetics on sale now at prices that only efficient in-house producers can offer. To me AMA appears to be a new leader in the largest value segment and gaining more market share week by week. Congrats to the TEAM!!!! Like :) GLTA

https://www.headset.io/the-best-selling-cannabis-products/nevada-pre-rolls

https://www.headset.io/the-best-selling-cannabis-products/nevada-concentrates
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BlueGreenPower BlueGreenPower 2 years ago
**NEWS** 1933 Industries Announces the Approval of Debenture Amendments

VANCOUVER, BC / ACCESSWIRE / August 24, 2022 / 1933 Industries Inc. (the "Company" or "1933 Industries") (CSE:TGIF) (OTCQB:TGIFF), a Nevada-focused cannabis consumer packaged goods company, announces that all amendments (the "Debenture Amendments") put forth were approved by an overwhelming majority of Holders of 10% Senior Unsecured Convertible Debentures Due September 14, 2022 ("Debentureholders").

https://finance.yahoo.com/news/1933-industries-announces-approval-debenture-203000599.html

Glad to see the debenture issue has been handled and was overwhelmingly supported. Hopefully these will be paid off soon with company profits. The way AMA is dominating the concentrate category that might not take too long. Looks to me like they are hitting the consumers sweet spot with award winning ultra-premium products at value prices. It's a hard combination to beat as evidenced by the outstanding results.

According to Headset data AMA currently has 5 of the Top 10 selling concentrates in Nevada. Including #4 Double Solo Burger Badder, #6 Gorilla Glue Badder, #7 Kings Fire Crumble, #8 Sin Mint Cookies Crumble, and #10 Cookie Glue Crumble. AMA also has a Top 10 Dried Flower (SinMint Cookies), and a Top 10 Pre-Roll (24K). Like :) Congrats to the team!!! glta :)

https://www.headset.io/the-best-selling-cannabis-products/nevada-concentrates
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BlueGreenPower BlueGreenPower 2 years ago
AMA Now Has Six Top 10 Concentrates!!!! Like!!!!

According to updated Headset data AMA now has a majority of products in the Nevada Concentrates Top 10 Category. Including # 4 Double Solo Burger, #6 Gorilla Glue Badder, #7 Sin Mint Cookies Crumble, # 8 Cookie Glue Crumble, #9 Royal Burger Badder, #10 Kings Fire Crumble. AMA also has the #4 Best Selling Flower Sin Mint Cookies, and the #4 Best Selling Pre-Roll 24K.

Super impressive accomplishment to dominate a highly competitive category in this way. Not surprising since evidence shows as newly legal markets mature many customers move to concentrates for the flavor, convenience, and stronger effects. Shout outs are in order for the whole 1933 team on their strong sales results. Congrats!!! glta

Hey SK69!!!! Loving the new exotic strains :) GL

https://www.headset.io/the-best-selling-cannabis-products/nevada-concentrates
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StockKiller69 StockKiller69 2 years ago
Good thing I brought them all those great cultivars.
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BlueGreenPower BlueGreenPower 2 years ago
AMA Has 5 Concentrates In The Top 10....WOW!!!

Congrats to the team for gaining a 50% share of Nevada's Top 10 concentrate products based on actual units sold over the last 90 days. Including the # 1 selling concentrate Double Solo Burger Badder $19.34, #3 Gorilla Glue #4 Badder $20.46, #6 Cookie Milk Badder $20.57, #7 Hash Mint Cookies Badder $19.96, & #10 Citrus Punch Crumble. They also put one in the Top 10 for Flower, #8 SinMint Cookies $28.88, showing the new cultivation improvements are paying off in higher sales.

Going from 2 products in the Top 10 to 6 products over the last 6 weeks tells me AMA is getting lots of product to market of a high quality that customers want. Can't believe how impressive this continuing turnaround has been to me. Like!!! Glta :)

https://www.headset.io/the-best-selling-cannabis-products/nevada-concentrates
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BlueGreenPower BlueGreenPower 2 years ago
1933 Industries Announces Results of Extraordinary Meeting of Debentureholders

The amendments required an affirmative vote of at least 66 ?% of the principal amount of the debentures voted at the meeting. The total votes represented at the meeting accounted for only 18.7% of the outstanding debentures. The Company believes that with a stronger voter turnout, all the proposed amendments would have been accepted by Debentureholders. The Board of Directors had unanimously recommended that Debentureholders vote in favour of each of the amendments as it believes they are in the best interest of its shareholders. The Board of Directors is currently considering further options and will advise shortly.

https://finance.yahoo.com/news/1933-industries-announces-results-extraordinary-200500483.html

If the burdensome 66% majority requirement was changed to a simple majority the proposal would have passed. This needs to be changed for future votes. Now a company seemingly on the verge of profitability is being distracted by only $4 million worth of debentures. Thankfully Paul has gotten the debenture debt down to the relatively manageable level. Now is the time for debenture holders to get behind the company for the final push to profitability. To me the value of 1933 is in the people and the products they produce more than the machinery. Fingers crossed for the best possible outcome. imho glta
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BlueGreenPower BlueGreenPower 2 years ago
AMA Has #1 Best Selling Concentrate In Nevada

Headset data updated on July 11th shows AMA's Gorilla Glue #4 Badder is the top selling concentrate in Nevada over the last 90 days. To prove their point they also have the #5 and #6 best selling concentrates as well. Looks like AMA has pitched their tent in the Top 10 with 3 of the top selling concentrates once again. Not surprising since AMA was again voted a top concentrate maker at the recent Las Vegas Cannabis Awards.

With this new data plus the increasing AMA inventory showing up on dispensary shelves, I'm thinking sales are taking off in a big way. If they are having some record months hopefully we will get updated with numbers. Fingers Crossed!!! glta

https://www.headset.io/the-best-selling-cannabis-products/nevada-concentrates

Consuming weed in Las Vegas is about to get a lot easier

https://www.travelweekly.com/North-America-Travel/Las-Vegas-weed-lounges-will-open-soon

If you can't take unused cannabis with you when you leave consumption lounges everything will need to be single serving. Seems to me that would favor pre-rolls and quarter gram (or smaller) concentrate sizes. Lp's will need to stay on top of their packing needs well ahead of time. This is going to be a big revenue generator for the first movers like 1933 who's already big in infused pre-rolls, and of course the aforementioned concentrates. Like!!! glta

https://lasvegascannabisawardsmusicfestival.com/results-2022-las-vegas-cannabis-awards/
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BlueGreenPower BlueGreenPower 2 years ago
**NEWS** 1933 Industries' AMA Ranks as a Top Brand in Nevada and Company Reconvenes Extraordinary Meeting of Debentureholders on July 13th

"Earning a spot as a top 5 brand to watch is a significant milestone for AMA as an Indy brand competing against well-established multi-state operators. This is a testament both to the quality of our products and to our ability to earn coveted shelf space and widespread distribution in a competitive marketplace," stated Mr. Paul Rosen, Chairman and CEO of 1933 Industries. "We are pleased to reach this milestone as we continue to improve our cultivation and extraction capabilities to increase yield and productivity. I recognize the incredible contributions made by Steven Licon, our VP of Operations, and Ester Vigil, our Director of Sales. With a talented team with the skills to produce consistent quality, and with strong relationships in place with retailers, we are confident that we have a strong foundation in place and that we are well positioned to scale capacity."

https://finance.yahoo.com/news/1933-industries-ama-ranks-top-110000115.html

Found this same data posted yesterday on another board, but it's still good to get your CEO's take on the information. Access to data analytics like Headset's are invaluable tools to guide LP's in the right direction. Without it you're just flying by the seat of your pants.

One thing I always notice about top sellers is they usually have a color, flavor, or food in the product name. It's something all customers can relate to over terms like gas or diesel that can confuse the average customer. To me strains chosen to cultivate should always have a positive effect in name, appearance, and effect.

Take a look at this Top 10 sellers list of Nevada concentrates and you'll see what I mean. Congrats to the whole AMA Team for getting more products into the concentrate top 10 than any other company!!! Like :)

https://www.headset.io/the-best-selling-cannabis-products/nevada-concentrates
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BlueGreenPower BlueGreenPower 2 years ago
BDSA Brand Insights: Top 5 brands to watch in the Nevada market

With its booming tourism industry and reputation as a destination for adults looking to cut loose, Nevada’s legalization of adult-use cannabis in 2016 signaled the start of a promising new market. While the Nevada cannabis industry was dealt a rough hand by the pandemic and the resulting dive in visitors to the state, the market has since recovered to pre-pandemic sales levels. As summer kicks into full swing, we thought it would be the perfect time to give a quick rundown on brands to watch in the Nevada cannabis market.

https://mjbrandinsights.com/bdsa-brand-insights-top-5-brands-to-watch-in-the-nevada-market/

Happy to see AMA is now a Top 10 LP in Nevada based on actual cannabis sales data. Not surprising to anyone watching all the new AMA products coming to market this year in all the most popular categories. Paul is delivering on his promise to increase sales and production in 2022. 1933 has come a long way back since Paul took over the company. He's gotten this company back on the right track while battling pandemic headwinds. Impressive!!! Congrats Team!!! glta

Nevada Cannabis Consumption Lounges Could Go Live By End Of 2022

Cannabis consumption lounges, where adults 21 and older can openly use marijuana products in a social setting, are on track to open in Nevada by the end of this year following approval of regulations by the state’s Cannabis Compliance Board on Tuesday.

The lounges are widely seen as a boon for the state’s massive tourist industry, as well as for the tourists themselves. Since the state first launched legal sales in 2017—and even as Las Vegas’s cannabis retailers have become popular attractions—consuming marijuana anywhere outside a private home has generally remained illegal.

https://www.marijuanamoment.net/nevada-cannabis-consumption-lounges-could-go-live-by-end-of-2022/

!933 would be smart to partner with these consumption lounges to secure shelf space before they open and even open one themselves depending on the costs involved. Paul is probably already on it.

Don't forget to vote for AMA in this years Las Vegas Cannabis Awards on July 10th. Last year AMA won awards for extraction and cultivation. Like :)

https://lasvegascannabisawardsmusicfestival.com/
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BlueGreenPower BlueGreenPower 2 years ago
**NEWS** 1933 Industries Announces Third Quarter 2022 Financial Results

During fiscal 2022, the Company made substantial changes to its cultivation and production facilities which have resulted in significant improvements in the quality of its flower and the input for its extracted products, as well as higher productivity and quantity of units sold. These changes have led the Company to achieve higher revenues compared to its previous quarter and have laid the foundation for improved performance going forward. The Company's cannabis cultivation subsidiary recorded a 33% increase in revenues from the sale of cannabis flower, pre-rolls and extraction products due to the optimization of both its cultivation and processing facilities. Output from its cultivation has been drastically increasing and yield has almost doubled from a year ago. The Company deployed strategic capital to make the necessary improvements and hired operations and sales leadership, which have resulted in improved performance in both output and added self-space in dispensaries. Focus was also placed on reducing the cost of goods, which in turn increased gross margins.

https://finance.yahoo.com/news/1933-industries-announces-third-quarter-210500134.html

Liking the 33% increase in revenues and the cultivation output doubling over last year. They harvested a record $5+ million in cannabis/trim during the quarter, and ended the quarter with $7.4 million in inventory. They also had $1.7 million in receivables in addition to their cash balance at quarters end. Plus Day One was able to repay the loan so that should add to 1933's working capital as well.

Except for the non-cash goodwill impairment expense this looks like a solid quarter to me, with positive EBITDA and a respectable 47% gross margin. Hopefully this is the last big write down of previous management's mistakes, and we can rapidly move forward to profitability in this current quarter. The Vegas tourism board just reported spending nearing pre-covid levels so that will help. Like :) Congrats Team!!! glta

https://www.fox5vegas.com/2022/06/29/las-vegas-tourism-board-visitor-spending-near-pre-covid-level-2021/
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BlueGreenPower BlueGreenPower 2 years ago
**NEWS**1933 Industries Announces that all Motions Passed at the Annual General Meeting

The Extraordinary Meeting of holders of 10% Senior Unsecured Convertible Debentures Due September 14, 2021, also held today was adjourned to a later date and further information will soon be provided to Debentureholders.

https://finance.yahoo.com/news/1933-industries-announces-motions-passed-224500567.html

According to 1933's most recent investor presentation Paul has gotten the debebture debt down to a manageable $3.7 million from the double digit millions it was before. It's not that much but it will have to be dealt with. Debenture holders have always been open to Paul's proposals in the past so they seem like reasonable people. I'm sure Paul will handle this like he has everything else :) glta

New 1933 Investor Presentation

https://www.1933industries.com/images/pdf/presentation/2022/1933%20Industries%20Corporate%20Presentation%202022.pdf
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BlueGreenPower BlueGreenPower 2 years ago
This next report should give us a good read on revenues since the facility upgrades to increase output were fully implemented. According to the last report they started the quarter with $5+ million in inventory, so hopefully they sold through that and then some. I'm guesstimating they will come in somewhere between $4 and $6 million because of increased output and tourism during the quarter. Fingers crossed greenwillow. GL

Community Banks From 44 States Demand Congress Urgently Pass Marijuana Financial Services Fix

https://www.marijuanamoment.net/community-banks-from-44-states-demand-congress-urgently-pass-marijuana-financial-services-fix/

Hopefully pressure from within the banking industry itself will finally get things done.
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greenwillow greenwillow 2 years ago
Whole space has been a drag since Feb 2021.

Lack of federal progress / canna reform in the states + seasonally weak summers + bear market = tough spot for all canna companies.

1933 seemed to get back on track last year, but they're not exactly thriving either.

Paul did a good job saving them, but he hasn't been able to get them profitable and growing again yet. He's close, but he really needs to focus and step it up a bit more.
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BlueGreenPower BlueGreenPower 2 years ago
What's happening to cannabis companies right now???

Seems irrational to me. Last we heard from Paul he was optimistic that 2022 would be profitable. They came close in Q2, and since then Vegas tourism has taken off with conventions and concerts back online.

I'm seeing more AMA products than ever at the Planet 13 and NUWU superstores in Las Vegas, plus chain dispensaries around Nevada. Paul said since automation it's costing them less to produce more in his January interview below. Also, the company made a early mover entry into infused pre-rolls which is the fastest growing category in the US and Canada.

To me Paul is making good choices for shareholders. Looking forward to seeing Q3 numbers in two weeks. Expecting a sizable jump considering the uptick in tourism during the quarter. Profits Maybe :) Fingers crossed!!! glta

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BlueGreenPower BlueGreenPower 2 years ago
3 Reasons Cannabis Sin Stocks Stay Strong in Volatile Markets

Sin stocks show a substantially higher return than the market in general and are particularly resilient in times of economic turbulence. That is why many investors consider sin stocks to be a defensive investment, as there is some immunity from downside risk amid cyclical fluctuations and economic downturns.

https://technical420.com/cannabis-article/3-reasons-cannabis-sin-stocks-stay-strong-in-volatile-markets/#

In this market even sin stocks are taking a beating, but the reasons for owning them are still valid to me. As the newest sin stocks cannabis has shown the ability to reach record revenues even in turbulent times. 1933 is a sin stock from sin city. You can't get any more sinful than that :) glta

Looks like Planet 13 heavily restocked AMA products recently almost doubling in size. Like!!!

https://www.instagram.com/p/Cemild7OqiY/?hl=en

More sinful AMA flower on the way :)

https://www.instagram.com/p/CejiIfUPOFh/?hl=en
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BlueGreenPower BlueGreenPower 2 years ago
AMA/CannaHemp Have 70+ Products @ NUWU Cannabis Marketplace...

NUWU is a popular Native American owned superstore in Las Vegas. It's popular because they charge no sales tax on purchases. AMA has all the popular products in stock like vapes, concentrates, flower, and pre-rolls. Plus over half the CBD selections at NUWU are CannaHemp products.

Looks like AMA is sending most of its inventory to NUWU over other dispensaries. I'm seeing more AMA product selections at NUWU than I ever saw at Planet 13. With inflation rising customers will be looking to save sales tax money, so it's looking like a smart move to increase inventories at NUWU over P13.

With Vegas tourism booming its looking good for craft cannabis companies like 1933 moving forward. The flower being produced by the new head cultivator is looking fire with high 20s THC levels. Congrats to the cultivation team. glta

AMA products at NUWU

https://dutchie.com/dispensary/nuwu-cannabis-marketplace-downtown/brands/fb6dba68-02d7-4633-a947-c161f02c4ebf

AMA has been posting some real beauties on Instagram. Like :)

https://www.instagram.com/p/CeRTP-RF59i/?hl=en

National Tourism Week underway as pre-pandemic tourists numbers return to Las Vegas valley

https://www.8newsnow.com/news/local-news/national-tourism-week-underway-as-pre-pandemic-tourists-numbers-return-to-las-vegas-valley/
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BlueGreenPower BlueGreenPower 3 years ago
**NEWS** 1933 Industries and Day One Beverages Mutually Terminate Binding Letter of Intent

Mr. Paul Rosen, Chairman and CEO of 1933 Industries, stated, “Over the last number of months it became evident to both parties that Day One’s capital needs far exceeded modelled projections, and with that updated insight both parties concluded it was in their respective best interests to not complete the transaction. We wish them the best of luck as they progress on their business, and we look forward to continued collaboration between the companies including a continuation of our co-packing arrangement for our best-selling relief creams”.

https://www.digitaljournal.com/pr/1933-industries-and-day-one-beverages-mutually-terminate-binding-letter-of-intent

Sounds like Day One may have underestimated their capital needs when negotiating the binding LOI with 1933. Paul seems to have negotiated a good deal where 1933 continues its CBD co-packing arrangement with Day One, and possibly retains 10% of Day One if repayment is not made on time. Maybe it's for the best if this was going to be a cash drain when Vegas is so close to profitability. If 1933 wants beverages they can make their own in-house in Vegas much cheaper than outsourced in California. I always liked the shot format. Less packaging :) glta

**NEWS** EXCLUSIVE: Play Ball! USA Pickleball And Day One Beverages Team Up, Launch Co-Branded CBD Recovery Cream

https://www.benzinga.com/markets/cannabis/22/05/27123024/exclusive-play-ball-usa-pickleball-and-day-one-beverages-team-up-launch-co-branded-cbd-recovery-
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BlueGreenPower BlueGreenPower 3 years ago
Day One Photobomb's Pickleball Matches In Arizona ...

Florida last week, Arizona this week, Day One gets around :)

https://www.instagram.com/p/Ccf8TLQrK3m/

I like Gooooooold :) glta

https://www.instagram.com/p/CcgAZXoJ8Hx/

https://www.instagram.com/p/CcgE3mtp9oF/
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BlueGreenPower BlueGreenPower 3 years ago
AMA dropped a new fire video on Instagram...

Everything Looks Delicious!!! Like :)

https://www.instagram.com/p/CcOR2pcgq9D/

Day One on center court with the other winners :) Like!!!

https://www.instagram.com/p/Cb57wg1PkyW/

USA Pickleball making a fast marketing move!!! Like... glta

https://www.instagram.com/p/CcG06iQr-VZ/
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BlueGreenPower BlueGreenPower 3 years ago
1933 Industries Reports Second Quarter 2022 Financial Results

During the reporting period, the Company progressed towards achieving higher revenues, decreasing net loss, and improving gross margin. The Company’s cultivation subsidiary recorded a 33% increase in revenues from the sale of cannabis flower, pre-rolls and extraction products due to the optimization of both its cultivation and processing facilities. The Company upgraded and refined its processing methods and practices and completed full automation of its plant feeding systems to improve plant growth and health, resulting in improved yields and a 31% increase in inventory. The Company has successfully gained additional self-space in dispensaries and continues to service its major wholesale accounts throughout Nevada.

https://www.digitaljournal.com/pr/1933-industries-reports-second-quarter-2022-financial-results

Paul has done a great job cutting costs, and cleaning up the balance sheet. Increasing sales in a down Vegas market is a good sign to me. Also, Paul's investment in automation, and expertise, is paying off with increasing cannabis sales and inventories. Glad to see the bread and butter cannabis side of the company is close to profitability, while the high flying beverage side is ramping up. 1933 should be fun to watch moving forward :) imho glta

https://finance.yahoo.com/news/power-play-market-herald-releases-193500426.html
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BlueGreenPower BlueGreenPower 3 years ago
Pickleball brands and organizations are using modern marketing moves to expand the sport beyond boomers

In addition to socks and balls, USA Pickleball even has an “official CBD partner” in Day One, a sparkling CBD water brand. USA Pickleball was vetting about a dozen different companies for the deal, according to Day One founder and CEO Chris Clifford, but ultimately chose Day One because of its youth appeal.

While most companies under consideration make topical products that skew more toward older athletes, Day One pitched its ready-to-drink CBD product as “a social beverage” that the younger pickleball crowd would love, Clifford said.

https://www.morningbrew.com/marketing/stories/2022/03/21/pickleball-brands-and-organizations-are-using-modern-marketing-moves-to-expand-the-sport-beyond-boomers

Looks like Day One was victorious against some serious competition for the USA Pickleball CBD partnership. While still in its infancy the USA Pickleball Tournament in Boca Raton, with Day One on court advertising, still got 33k views on YouTube. That's 33k Pickleball fanatics that may be getting their first exposure to CBD beverages and recovery creams. Once ESPN goes all in on Pickleball those numbers should go way up. As a big fan and user of CBD, who has personally experienced CBD's rejuvenating effects, I look forward to seeing Day One take off in the market :) glta!!!

https://www.drinkdayone.com/pages/shop

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BlueGreenPower BlueGreenPower 3 years ago
**NEWS** Day One CBD Joins Forces With LA Distributing Company Inc.

"Day One is not a new face to the CBD category. The brand resurrected at the opportune time with the passing of AB45 in 2021; we anticipate mass adoption from all channels of trade in 2022," says Richard Media, Founder & CEO, of LA Distributing Company Inc. "The branding is simple and straightforward as they are a premium enhanced sparking water. The dosage is perfect with the most competitive pricing economics in the market. This is a recipe for category disruption, and we expect them to quickly dominate in our footprint. We are excited to have them part of our portfolio and look forward to seeing them become a national brand."

https://finance.yahoo.com/news/day-one-cbd-joins-forces-161500126.html

Day One just hit the jackpot. Very few startups get distribution deals of this size and quality. Testament to Day One's products and management team. Liking Day One's imminent launch into 5 densely populated California counties. Sounds like LAD is really behind the product with high expectations for product sales. All we need now is for Day One to be a hit and away we go :) Congrats to the team!!! glta

Will be looking forward to seeing Day One on this list :)

https://www.ladistco.com/sparkling-water
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BlueGreenPower BlueGreenPower 3 years ago
Day One sitting center court in Boca Raton...

https://www.instagram.com/p/Ca0TYO2PHYT/

Liking the bigger block letters that makes Day One stand out among the sponsors. Noticed Day One is now selling a pain relief topical on their website. Paul mentioned they are looking for synergies between Day One and Canna Hemp in his last interview. Thinking this is just the first of many CBD products offered to Pickleball enthusiasts under the Day One brand. This NPR article mentions a "CBD" company is a brand partner, and USA Pickleball intends to reinvest to grow the business side of the sport. Sounds good to me :) glta

America's fastest-growing sport is a cross of tennis, pingpong and badminton

https://www.npr.org/2022/02/19/1081257674/americas-fastest-growing-sport-pickleball

USA Pickleball, Thank you to all our Partners

https://usapickleball.org/about-us/sponsors/

Day One logo has a great spot on the top row with a link to their website. Nice :)

For anyone who hasn't seen the sport check out this most recent tournament match in Boca Raton, FL. Can't miss the Day One logo!!! Like :)

2022 Boca Raton - Women's Doubles Bronze Medal Match

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BlueGreenPower BlueGreenPower 3 years ago
1933 Industries Strengthens its Balance Sheet with Sale of Non-Essential Real Estate Assets

Mr. Paul Rosen, Chairman and CEO of the Company, said: "As the Company has no anticipated plans or need to build on these lots, monetizing this unutilized land provides the Company with additional non-dilutive capital to further execute on its strategic initiatives. The Company remains laser focused on the long-term growth of the Company, prioritizing revenue growth, increasing profitability, scaling cultivation capacity, improving our product mix and enhancing marketing and product development. The additional funds provide 1933 Industries with additional resources to achieve these goals."

https://finance.yahoo.com/news/1933-industries-strengthens-balance-sheet-120000094.html

Good time to sell with Vegas real estate at record highs. Paul made the company a nice profit. This should help get Day One products launched on a bigger scale in California. Looking forward to progress reports on distribution levels increasing. Like :) glta

Sellers, agents ready to cash in on red hot housing market in Las Vegas

https://www.ktnv.com/news/sellers-agents-ready-to-cash-in-on-red-hot-housing-market-in-las-vegas
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greenwillow greenwillow 3 years ago
Interview: 1933 Industries Inc. w/ Paul Rosen

Jan 31, 2022


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BlueGreenPower BlueGreenPower 3 years ago
VP of Operations showing off the new stuff...

1933's new VP of Operations and award winning master grower is showing off some upcoming fire on Instagram. The closeups show very healthy looking flowers loaded with trichomes. Looks like the new VP is getting the results Paul hired him for. Not surprised with his previous success growing and pheno-hunting award winning genetics. AMA's switch to ultra-premium exotic genetics is a smart move that should pay off with higher margins for flower and concentrates. Like what I'm seeing :) glta

https://www.instagram.com/p/CZILNvKPRg_/
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BlueGreenPower BlueGreenPower 3 years ago
**NEWS** 1933 Industries Announces Partnership Between Day One Beverages and USA Pickleball Association

"With the rapid emergence of the sport, we are excited to align Day One with such an amazing community of athletes and enthusiasts of the game. Day One is excited to introduce its efficacious & delicious line of CBD beverages with Pickleball athletes seeking post-match refreshment and recovery products," said Chris Clifford, Founder & CEO of Day One. "This is only just the beginning of our partnership with the Pickleball community. We are here to serve players around the country and look forward to releasing additional recovery products as our partnership expands," added Clifford.

"USA Pickleball is excited to be announcing this partnership with Day One Beverages, Inc., one of the fastest growing CBD brands in the nation," said Stu Upson, USA Pickleball CEO. "This partnership comes at an exciting time as the sport continues to grow at an exponential rate and more than 5 million players seek the best products to aid in their athletic performance to keep them healthy and active on the courts. We look forward to what's to come at both a recreational and competitive level with this partnership in 2022."

https://finance.yahoo.com/news/1933-industries-announces-partnership-between-113000622.html

Didn't realize Pickleball was such a popular sport until now. Five million players is a lot of beverage consumers to tap. A quick google finds athletes like Phil Mickelson and Michael Phelps play Pickleball. I'm guessing Day One will now be targeting Pickleball social media sites and tournament venues as an official sponsor. Looks like this new acquisition is off to a good start. Like :) glta

Golf World Reacts to Phil Mickelson Playing ‘Pickleball’ in Tom Brady’s Brand Apparel

https://www.essentiallysports.com/golf-news-golf-world-reacts-to-phil-mickelson-playing-pickleball-in-tom-bradys-brand-apparel/

https://usapickleball.org/
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BlueGreenPower BlueGreenPower 3 years ago
**NEWS** 1933 Industries Signs Binding Letter of Intent to Acquire Beverage Company Day One

Mr. Paul Rosen, Chairman and CEO of 1933 Industries stated, "The intended acquisition of Day One strategically positions the Company at the forefront of one of the fastest growing categories in the beverage space. CBD-infused beverages are part of the healthier for you movement targeted towards a health-conscious social consumer who wants a better alternative to high-sugar drinks. With strong distribution channels already in place and an innovative approach to marketing, we anticipate Day One to be a key revenue growth driver for the Company in the future. We are also very excited about the promising synergies between Day One's management team and distribution channels, and 1933's own Canna Hemp™ line of CBD wellness products".

https://finance.yahoo.com/news/1933-industries-signs-binding-letter-120000548.html

This news might not get much traction released on a down market day, but I like it. Especially with the recent news on hemp based concentrates as possible treatments for covid. If true 1933 and other hemp concentrate makers should experience a major increase in sales of CBDa & CBGa products. Now 1933 will have a beverage delivery system, which is much more user friendly than tincture bottles. This could be big for 1933 earnings. Fingers crossed :) glta

Study: Cannabis compounds prevent coronavirus from entering human cells

https://www.clickondetroit.com/news/local/2022/01/12/study-cannabis-compounds-prevent-coronavirus-from-entering-human-cells/
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BlueGreenPower BlueGreenPower 3 years ago
**NEWS** 1933 Industries Reports First Quarter 2022 Financial Results

Over Q1 2022, the Company continued to make strategic cost reductions across all divisions, with the goal of achieving consistent profitability. The Company successfully extended its convertible debt to mature in September 2022, reduced operating expenses by 45%, improved gross margins by 18%, and reduced net loss by 66% compared to Q1 2021.

The Company believes that the changes it has made in both its cultivation and post-harvest processes and procedures will result in increased flower capacity, consistency, and quality and that the Company remains on the right path to improve its growth and reach consistent profitability in fiscal 2022 and beyond.

https://finance.yahoo.com/news/1933-industries-reports-first-quarter-223000027.html

Looks like 1933 has found a stable baseline of $2.5 million quarterly to build on. With a run rate now around $10M annually their current market cap seems pretty low to me. These cannabis company valuations seem crazy to me on a fundamental level.

Nice to see Paul brought in two cannabis industry veterans for sales and cultivation. I'm already seeing 1933 products in more stores. AMA is also posting frequently rooms full of healthy and fire looking flower getting ready for harvest. Fingers crossed 2022 will be profitable for 1933. Happy New Year!!!! glta
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highvalue highvalue 3 years ago
The 100 year old stodgy conservative senators will never back cannabis reform the private prisons are full of inmates on weed offences especially in republican states.as high as 65% of incarcerated people are in on drug related charges.tgif can make a lot of money in Nevada regardless of the federal regulations.
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Stahks Stahks 3 years ago
The price action is broken. Impatient traders. The loss reduction we have witnessed is strong. This isn't a flipper stock.

They're a distributor now too meaning they can reduce transport cost significantly. No need to wait on SAFE.

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BlueGreenPower BlueGreenPower 3 years ago
1933 is partnering with Planet 13 for Litmas!!!

Merry Litmas!! ✨🌿⁠

We've partnered with several iconic brands like Select, STIIIZY, AMA, Tyson Ranch, Binske, and Cann for our 13 days of Lit-mas celebration.

NV: Keep out of reach of children. For use only by adults 21 years of age and older. pic.twitter.com/Uz7GklpSAr— Planet 13 Stores (@ShopPlanet13) December 13, 2021

Looks like Planet 13 is partnering with AMA and other preferred partners for 13 days of Litmas. P13 probably going to have some big sales for all those Vegas high rollers down on the strip. 1933 is pretty tied to Planet 13 for the majority of their sales. Last I checked AMA had around 50 products currently available at P13. Fortunately P13 revenues have been at record levels recently so we will see if 1933 benefited revenue wise end of this month. With the progress 1933 has made shedding debt and unnecessary expenses, along with increased revenues and margins, I'm not sure why the share price is dropping. For me I'm still buying :) glta
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BlueGreenPower BlueGreenPower 3 years ago
**NEWS** 1933 Industries Reports Fourth Quarter and Annual Financial Results for Fiscal Year 2021

https://finance.yahoo.com/news/1933-industries-reports-fourth-quarter-011800228.html

Looks to me like Rosen finally got 1933's debt and expenses substantially under control. Traded out the high cost 2020 revenues for higher margin 2021 revenues. Almost dollar for dollar revenue wise. Liking that Planet 13 is still stocking lots of AMA products and recently announced another record quarter. Vegas appears to be coming back strong. Like :) Looking forward to improving revenues in the 1933 Q1 report in 30 days. glta
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lazur lazur 3 years ago
large bid sizes again today.
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birdys3333 birdys3333 3 years ago
Well do believe we have a winner here, think someone else does too, as I am not the bid sitter here, seems we are getting some buying as of lately, pot sector had a good day today too,,,charts are ready to rverse , if so hang on, if not hang on, in general just hang on in life, a wait until its your turn, then when it is your turn, make sure to take your turn, lol
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BlueGreenPower BlueGreenPower 3 years ago
Nevada Sold More Than $1 Billion In Marijuana In One Year, Officials Report

The bulk of the marijuana purchases ($791,100,017) came from Clark County, where Las Vegas is located. Another $135,326,790 of cannabis was sold in Washoe County, with Reno being the major city in that jurisdiction. The $77,040,859 remainder came from other counties.

https://www.marijuanamoment.net/nevada-sold-more-than-1-billion-in-marijuana-in-one-year-officials-report/

1933's cultivation and extraction operations are perfectly located for growth in Las Vegas as things get back to normal. With $1 Billion in annual sales there's plenty of buyers to go after if you can produce what they want. Our new VP of Operations has a ultra-premium craft cannabis background that should resonate with experienced users who want the best. Looking forward to seeing high end flower grown throughout the AMA facility. glta

https://www.instagram.com/p/CVBx4x9J2zz/
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BlueGreenPower BlueGreenPower 3 years ago
**NEWS** 1933 Industries Announces AGM Date and Management Appointments

Mr. Steve Licon has been appointed Vice President of Operations, overseeing Alternative Medicine Association, the Company's licensed cultivation and extraction subsidiary in Nevada. Mr. Licon brings over 17 years' experience as a seasoned cannabis cultivator in Las Vegas, where he has designed and built over twenty cultivation sites. Mr. Licon is a winner of the Jack Herer Cup as well as six High Times awards. With over 500 successful harvests completed, Mr. Licon is experienced in managing all aspects of a hlarge-scale commercial cultivation of premium cannabis.

https://www.yahoo.com/now/1933-industries-announces-agm-date-120000041.html

This sounds like a great hire to me. Perfect timing for him to oversee the ongoing upgrades and expansion. Hopefully his experience with exotic genetics will give AMA more exposure to the ultra-premium flower sector with corresponding higher margins. AMA recently won awards for concentrate products, and now they have the veteran expertise to win awards for flower too. Hopefully he can help supercharge what's already growing :) glta

Here's a video interview with the new VP of operations that shows his in depth knowledge of cultivation, facilities, and nutrient science. Deep Roots: Season 2 Episode 2. Impressive!!!

https://cannacribs.org/deep-roots-pheno-exotic/

https://www.instagram.com/cannabis.lector/?hl=en
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birdys3333 birdys3333 3 years ago
Happy Friday 1933!!! I am into universe signs, lol, so I was bike riding by my dream house, country old fashion house with land, in the hills I bike ride in. And being Youtube man, I am spending lots of time, on videos on manifestation, so today, there was a older gentalmen leaf blow outside his front gate, and it was an electric one, so after riding by, said,,,lets go back and talk to him, well to try and shorten this text, we had a great talk, and he said his family built the house in 1933,,,my dream house, built same year, as the name of my dream company, this dreaming is getting powerful, sweet dreams everyone, something tells me, my heart!!! To like just give it all I got, like a grand fanlly,,,so my advise, hang on to your shares as I will be like going crazy, next week, maybe I start at .06,,,then everyday I move up 3%,,,like forever, lol,,,will think about a plan for Monday:),,,but what ever I come up with, I am sure it will be a perfect one:)
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birdys3333 birdys3333 3 years ago
Like the name, onelove! My one love is enlightenment, and daytrading, and reading charts, and turning investing into a skill, ,so thanks, I know you mean well, but I don't want the luck, as this is a skill sport, now what I really like about 1933, so when it goes to a dollar, people won't say you just got lucky, again!!! As finding these company's,really are like a needle in a hay stack, so here are my keys thoughts, 1933 has very, very good, products, they sell in a very good store, like largest in the world, lol, planet 13, sorry for lol, but I seem to find e lightenment when talking about this company, then we have CEO, he like started, or built, or came from cron!!! Now he is here, now 1933 just became profitable, and CEO even put more of his own money in at .11 in that private offering, and lastly, you have birdys here, lol, just look at where I have posted, then look at the chart, dare you to find, one looser, I mean babl, that was once my biggest looser, but, even it had its day, lol, get ready, my prediction dollar land, and that's only a 20 bagger, don't even know what babl was, .0007 to .18 maybe .21 but who really counts when we catch a wave, and I promise for as many bags as you can count, over 1000, lol I really screwed most of them up, or, now like to say, learned so much from them, think 1933 will be a great wave, someday,,, and until that day, I just keep sitting on the bid, with 33k, its like an endless supply of 33ks,,,now will add , 1933 is like a .05 stock now, so,,,it even helps inspire daytrading skills, as even just a 1 dollar profit trade, say 100 dollars,,goes to 101, I can sell, and buy like 20 shares here, lol, so,,,every penny adds up, someday I write the book, master 1% trade, dad laughed at 10 dollar to make .10,,,but I told him I make it sometimes 30 times a day, he still laughed, well then it went to 100 to make 1, the. 1000, to make 10, then,,,10000 to make 100, then,,,,100k to make 1k, funny thing is, dad does not laugh no more, sad thing is, he actually shunned me, because he can not take my success, but see my friend, turn trading into a skill, never take the luck!
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onelove17 onelove17 3 years ago
This aged well…. Good luck to you and your investment
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