1933 Industries Inc. (TGIFF)

[BlueGreenPower]

1933 Industries Reports Third Quarter 2021 Financial Results, Records Its First Profitable Quarter and Announces Cultivation Expansion

https://finance.yahoo.com/news/1933-industries-reports-third-quarter-110000109.html

Paul Rosen, Chairman and CEO of 1933 Industries commented, "We are pleased to announce the Company's first ever quarter of profitability. Reaching this important milestone demonstrates our continued commitment to practice prudent operational and financial discipline, which resulted in a stronger overall performance this quarter. The Company realized improvements in several key areas, including achieving profitability, minimizing expenses by 67%, strengthening the balance sheet with a capital raise of $5 million, and substantially increasing gross margins. Although progress has been made operationally across all entities, there is still considerable room for substantial revenue growth and overall financial performance as we continue to build market share in Nevada, further streamline operations and develop our e-commerce CBD consumer-packaged goods business.

https://www.instagram.com/p/CQq_PUcAyiG/ (Frosty Fire) Like :)

Big news on profitability and expansion!!! Congrats to the AMA team on all their achievements during these trying times. Now with Vegas opening back up the future is looking bright for 1933 :) imho glta