1933 Industries Inc. (TGIFF)
1933 Industries Inc. operates in the Drug Manufacturers - Specialty & Generic industry of the Healthcare sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.01, down 3.51% on the session, giving a market capitalisation of $2.9M. On trailing twelve-month figures it carries a trailing P/E of 6.25, a net margin of 2.8%. Its beta of 1.60 implies it has historically moved more than the broad market.
1933 Industries Inc. is a Canadian-based cannabis enterprise actively involved in various segments of the marijuana industry. The company is primarily engaged in cultivating and producing medical marijuana across the United States and Canada, serving both the medicinal and recreational cannabis markets. In addition to its cultivation efforts, 1933 Industries provides a comprehensive array of cannabidiol (CBD)-infused products. This extensive portfolio includes personal care items like lotions and lip balms, ingestibles such as edibles, hemp seed oils, and drink additives, as well as various health and wellness supplements like tinctures and capsules. They also offer vaping solutions, baking ingredients, and tetrahydrocannabinol (THC) concentrates. These CBD lines are marketed under several distinct brands, including Canna Hemp, Canna Hemp X, Canna Hemp PLUS, Canna Hemp HEMP, and Canna Fused. The company further supplies conventional cannabis flowers and concentrates. Its CBD-infused offerings are distributed via a multi-channel strategy, available through retail dispensaries, other retail outlets, and its dedicated e-commerce platform. Based in Vancouver, Canada, the company underwent a name change from Friday Night Inc. to 1933 Industries Inc. in September 2018.
1933 Industries Inc. is most often compared with the following Healthcare names: