1933 Industries Inc. (TGIFF)

[BlueGreenPower]

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