Tag: Friday Night
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1933 Industries (TGIF.C) scrambles to keep up with increased Nevada cannabis demand
Last week, Nevada Governor Steve Sisolak allowed the shops to continue at-home deliveries because marijuana is considered an “essential business”, reported The Reno Gazette, “Much like the grocery stores trying to fill orders for rice and potatoes, cannabis retailers cannot fill marijuana delivery orders fast enough.”
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1933 Industries (TGIF.C) is getting bigger, bolder, more badass
On January 22, 2020 1933 Industries (TGIF.C) gave the market an update on its bulk hemp processing facility in Las Vegas, USA. The facility will be capable of producing isolated cannabinoids such as CBD, CBG, CBC and CBN, as well as full spectrum and broad-spectrum oils without THC. The proprietary extraction system will reduce industry-standard…
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1933 Industries (TGIF.C) 2019 sales were 20% of its current market cap
Cannabis investors exhibit the same psychological characteristics as Dutch teenagers, a “volatile mix of anxiety, irritability, exuberance and despair.” With teenagers, the irrational mood swings are due to “stress points around the uneasy transition toward adulthood.” Cannabis investors don’t have this excuse.
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Why did Canopy (WEED.T) Aurora (ACB.T) and Aphria (APHA.T) gain $10 million per minute today?
U.S. cannabis stocks exploded today. Canadian Cannabis stocks also exploded. Almost every stock with the word “cannabis” mentioned in the “About Us” link – exploded. Even MedMen (MMEN.C) – a money hemorrhaging retailer run by ass-clowns – was up 1%. A rare counter example: iAnthus Capital (IAN.C) was down 2% by mid morning. iAnthus had…
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1933 Industries’ (TGIF.C) blonde cannabis ain’t dumb
On October 22, 2019, 1933 Industries (TGIF.C) issued a cocky update on the launch of its “luxury brand Blonde Cannabis.” 1933 already controls 100% of Canna Hemp CBD Relief Cream which was named “Best Topical” by Leafly in 2018, and 100% of Canna Hemp X, which was named “Best Topicals for Pain” by Herb’s Guide.…
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1933 Industries (TGIF.C) is flowering in the mother of all cannabis markets
Growing cannabis in Nevada is like brewing beer in Labrador. There is a ravenous local market for the product. Cannabis demand in Nevada is powered by the state’s 46 million annual tourists. Some tourists may come to visit the Nevada Museum of Art – but many come to party their asses off. The first year…
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U.S. cannabis companies to open bank accounts – just like 5-year-old children!
In most U.S. states children can open bank accounts with parental consent, though the little tykes must pay federal taxes if they book more than $2,100 in interest income. “In a landmark first step toward normalization of the cannabis industry, the House of Representatives voted overwhelmingly (321-103) Wednesday to pass the SAFE Banking Act,” reported…
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1933 Industries (TGIF.C) guidance predicts Q4, 2019 rev. of $5.2 million
On September 12, 2019, 1933 Industries (TGIF.C) provided guidance for Q4, 2019 – the quarter ended six weeks ago on July 31, 2019. 1933 Industries owns cannabis cultivation, extraction, processing and manufacturing assets, along with a portfolio of brands including: AMA flower and AMA concentrates, CBD-infused Canna Hemp, Canna Hemp X, and Canna Fused. “Guidance” refers to…
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1933 Industries (TGIF.C) vs 1964 Supply Co (Rubicon): Will heritage/art branding land with consumers?
We’ve written a lot about branding as it pertains to the cannabis space, and the challenges that will face any licensed producer as it transitions from growing to marketing to retail. Those challenges are plentiful; chiefly among them, you’re not allowed to market your weed brand in Canada. Can’t do it. Against the law. Not…
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Canopy Growth Corp (WEED.T) has $5 billion to buy something: What’s on the list?
I’ve written this story three times in as many days, because every time I get to the bottom and am ready to post, the valuations of everything seem to have changed. So, to hell with it: I’m sticking the landing on this version. Time for Equity.Guru to veer off market news and into fantasy sports…