1933 Industries Inc. (TGIFF)

[greenwillow]

1933 Industries Inc. (CSE: TGIF.CN) (OTCQX: TGIFF) a licensed cultivator and producer of cannabis flower and concentrates and manufacturer of hemp-derived CBD wellness products, recently provided an update regarding its new hemp extraction facility in Las Vegas, Nevada.

The Company announces that it is progressing with plans to launch one of Nevada's largest hemp extraction facilities, become a major player in the booming CBD (cannabinoid) industry and add a new significant revenue stream to its business model. The Company, in collaboration with a leading engineering firm, has completed an extensive research and development phase to develop a customized design in order to provide for a larger, more efficient and more robust hemp processing laboratory ("Hemp Lab") than originally planned. The Hemp Lab has been designed in line with the new regulations and recommendations set out by the recently passed farm bill or Agricultural Improvement Act of 2018.

The Company plans to deploy a custom-built, ethanol extraction system with full chromatography abilities to allow for isolation of THC, CBD, CBN, CBG, CBC, and several other cannabinoids, including the ability to produce full spectrum and broad spectrum oils, as well as isolates. The equipment is currently being engineered to meet required GMP standards.

https://ih.advfn.com/stock-market/USOTC/1933-inds-inc-TGIFF/stock-news/79800759/why-north-america-continues-to-be-largest-cannabis