Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating

BlueGreenPower

07/28/20 10:20 AM

Post #2

1933's new CEO was co-founder of Cronos Group. Pretty impressive that 1933 was able to land someone with such an extensive record of achievement in the cannabis industry. 1933 appears to be in good hands with cost cutting and focus on near term profitability as his major goals. Plus as a substantial investor in 1933 he has skin in the game, which is always a good thing. Here's some recent interviews with Mr Rosen that show his in depth knowledge of the sector. glta

Paul Rosen on the One Non-Negotiable for Cannabis Success

1933 Industries named cannabis industry veteran Paul Rosen as Interim CEO

Paul Rosen, The Cronos Group Co-Founder & Former CEO, Interview - Prohibition Partners LIVE

BlueGreenPower

07/27/20 6:41 PM

Post #1

Finally TGIF has begun full production at their AMA cultivation facility in Las Vegas. According to the company they are expecting to yield 350 lbs (158,757 grams) of premium craft grown flower per month, with another 150 lbs of monthly trim going into their concentrates. It took a long time for the 67,750 sq ft facility to get built and outfitted, but with 19 new grow rooms, and 6000 plants currently under the lights, things are finally looking up.

I've had 1933 on my watchlist forever while they floundered around with different strategies. Now that new management is laser focused on growing premium flower for retail distribution, and cutting costs from unproductive areas, I finally have a reason to buy. Just got lucky that the share price is near it's 52 week low.

The company is doing a good job getting the word out on management changes, and their new focus on flower. Looking forward to seeing their new High THC Cultivars growing along with the bottom line :) glta

Here's some recent 1933 press releases, and promotions.

1933 Industries adds to management team with hiring of Eugene Ruiz as President (Facility images begin around the 5 min mark)