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Thursday, July 20, 2023 11:55:15 AM
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/
Posts are opinions only and not advice of any kind.
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